£1,014,625
This estimated value is based upon the latest sale price for the house of £1,025,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
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8 Ridgewood Drive, Frimley, GU16 9QF
Phone: 01276945692
| Price Paid | Date |
|---|---|
| £1,025,000 | 15 Jul 2022 |
| £680,000 | 27 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in July 2022 the House Price Index for SURREY was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £1,025,000 results in an estimated price of approximately £1,014,625.
| 15 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £1,025,000 | £-10,374 | £1,014,625 |
The Postcode Pricing Model uses changes in average sales price within the GU15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -49.434 % | £-506,700 | £518,299 |
| 3 Month Average | -19.885 % | £-203,825 | £821,174 |
| 6 Month Average | 2.968 % | £30,419 | £1,055,419 |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 28 Apr 2016.
There is one other house on the street which we know the size of, this is 3 LINCOLN CLOSE it is 231.8
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Carlton Close |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Falmouth Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Ridings |
| Jan 2024 | Burglary | Under investigation | On or near Wendover Drive |