£519,851
This estimated value is based upon the latest sale price for the house of £425,000 on 14 May 2020. 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 |
|---|---|
| £425,000 | 14 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 May 2020 the House Price Index for SURREY was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £425,000 results in an estimated price of approximately £519,851.
| 14 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £425,000 | £94,851 | £519,851 |
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 | 3.827 % | £16,266 | £441,266 |
| 3 Month Average | -12.007 % | £-51,028 | £373,971 |
| 6 Month Average | 10.678 % | £45,379 | £470,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £890,281 | £877,100 | THE OLD GATE HOUSE, 67 PORTSMOUTH ROAD |
| 14 Mar 2023 | £1,085,224 | £1,075,000 | ROWAN COTTAGE GOLF DRIVE |
| 13 Feb 2023 | £749,496 | £750,000 | 19 WILMOT WAY |
| 20 Oct 2022 | £59,557 | £60,198 | MEREWAY HOUSE GOLF DRIVE |
| 18 Mar 2022 | £865,279 | £835,000 | 11 MERRYWOOD PARK |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Dec 2018. Using an estimated price of £519,852 means this house is valued at £5,096 per sq meter (£473 per sq foot).
The average size of a house on GOLF DRIVE is 185 sq meters (1,992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near The Fairway |
| 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 |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heath Lane |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station |