£937,817
This estimated value is based upon the latest sale price for the house of £905,000 on 16 Mar 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
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| Price Paid | Date |
|---|---|
| £905,000 | 16 Mar 2022 |
| £565,000 | 1 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £905,000 results in an estimated price of approximately £937,817.
| 16 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £905,000 | £32,817 | £937,817 |
The Postcode Pricing Model uses changes in average sales price within the GU6 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 | -3.844 % | £-34,784 | £870,215 |
| 3 Month Average | -27.412 % | £-248,076 | £656,923 |
| 6 Month Average | -21.914 % | £-198,321 | £706,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £400,389 | £395,000 | 7 CRANBROOK TERRACE |
| 30 Jan 2023 | £980,382 | £985,000 | MEADOW WAY WOODLANDS CLOSE |
| 31 May 2022 | £764,403 | £750,000 | SILVER TREES COTTAGE THE RIDGEWAY |
| 24 May 2022 | £744,019 | £730,000 | 12 HOMEWOOD |
| 12 May 2022 | £784,787 | £770,000 | 11 HOMEWOOD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 26 Jul 2021. Using an estimated price of £937,817 means this house is valued at £8,015 per sq meter (£744 per sq foot).
The average size of a house on THE RIDGEWAY is 203 sq meters (2,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homewood |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Fettes Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Epsom Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near New Park Road |