£354,706
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Feb 2015. 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 |
---|---|
£240,000 | 13 Feb 2015 |
£97,500 | 10 Jul 1998 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 430 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 February 2015 the House Price Index for SURREY was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £240,000 results in an estimated price of approximately £354,706.
13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £240,000 | £114,706 | £354,706 |
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 | -47.670 % | £-114,407 | £125,592 |
3 Month Average | -5.939 % | £-14,253 | £225,746 |
6 Month Average | 21.866 % | £52,479 | £292,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £524,589 | £520,000 | 11 ARUNDEL ROAD |
18 Aug 2023 | £554,854 | £550,000 | 3 ARUNDEL ROAD |
1 Mar 2023 | £479,518 | £475,000 | 9 BELLINGHAM CLOSE |
12 Jul 2022 | £590,339 | £588,750 | 29 ARUNDEL ROAD |
27 May 2022 | £458,642 | £450,000 | 38 ROXBURGH CLOSE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 24 Jan 2015. Using an estimated price of £354,706 means this house is valued at £8,867 per sq meter (£823 per sq foot).
The average size of a house on ROXBURGH CLOSE is 92 sq meters (1,000 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cumberland Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Martindale Avenue |
Jan 2024 | Anti-social behaviour | On or near Tremayne Walk | |
Jan 2024 | Anti-social behaviour | On or near Tremayne Walk | |
Jan 2024 | Anti-social behaviour | On or near Tremayne Walk |