£1,075,125
This estimated value is based upon the latest sale price for the house of £885,000 on 9 Aug 2019. 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 |
---|---|
£885,000 | 9 Aug 2019 |
Detached |
Freehold |
Floor Area: 214 sq meters or 2,303 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 August 2019 the House Price Index for SURREY was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £885,000 results in an estimated price of approximately £1,075,125.
9 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 146.7 | 21.483 % | £885,000 | £190,125 | £1,075,125 |
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 | -21.012 % | £-185,952 | £699,047 |
3 Month Average | -18.190 % | £-160,977 | £724,022 |
6 Month Average | 4.047 % | £35,814 | £920,814 |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 28 Sep 2017.
The average size of a house on WESTMORLAND DRIVE is 333 sq meters (3,584 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln 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 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Lane |