£394,508
This estimated value is based upon the latest sale price for the house of £70,000 on 19 Feb 1996. 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 |
|---|---|
| £70,000 | 19 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 1996 the House Price Index for SURREY was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £70,000 results in an estimated price of approximately £394,508.
| 19 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £70,000 | £324,508 | £394,508 |
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 | 79.091 % | £55,363 | £125,363 |
| 3 Month Average | 222.833 % | £155,982 | £225,982 |
| 6 Month Average | 320.656 % | £224,459 | £294,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £386,663 | £382,500 | 41 LONGLANDS WAY |
| 25 Jan 2023 | £398,125 | £400,000 | 45 LONGLANDS WAY |
| 22 Apr 2022 | £705,412 | £685,000 | 133 CUMBERLAND ROAD |
| 9 Mar 2022 | £652,845 | £630,000 | 1 KENDAL GROVE |
| 3 Dec 2021 | £830,317 | £775,000 | 12 BORROWDALE GARDENS |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Oct 2013. Using an estimated price of £394,508 means this house is valued at £4,025 per sq meter (£373 per sq foot).
The average size of a house on BORROWDALE GARDENS is 169 sq meters (1,829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buttermere Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenstone Road |