£434,383
This estimated value is based upon the latest sale price for the house of £327,000 on 7 Sep 2016. 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 |
---|---|
£327,000 | 7 Sep 2016 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 September 2016 the House Price Index for SURREY was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £327,000 results in an estimated price of approximately £434,383.
7 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £327,000 | £107,383 | £434,383 |
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 | -56.070 % | £-183,350 | £143,649 |
3 Month Average | -19.667 % | £-64,310 | £262,689 |
6 Month Average | 4.353 % | £14,234 | £341,234 |
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 |
12 Jul 2022 | £590,339 | £588,750 | 29 ARUNDEL ROAD |
27 May 2022 | £458,642 | £450,000 | 38 ROXBURGH CLOSE |
11 Feb 2022 | £791,764 | £755,000 | 44 GOLDNEY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Apr 2016. Using an estimated price of £434,384 means this house is valued at £5,429 per sq meter (£504 per sq foot).
The average size of a house on ROXBURGH CLOSE is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Martindale Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cumberland Road |
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 |