£423,123
This estimated value is based upon the latest sale price for the house of £345,000 on 13 Nov 2019. 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 |
|---|---|
| £345,000 | 13 Nov 2019 |
| £250,000 | 11 May 2007 |
| £173,500 | 19 Jun 2001 |
| £117,000 | 18 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £345,000 results in an estimated price of approximately £423,123.
| 13 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £345,000 | £78,123 | £423,123 |
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 | -65.159 % | £-224,797 | £120,202 |
| 3 Month Average | -26.693 % | £-92,090 | £252,909 |
| 6 Month Average | -2.789 % | £-9,623 | £335,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £593,791 | £585,000 | 43 FRANCIS WAY |
| 15 Sep 2023 | £501,411 | £495,000 | 3 FRANCIS WAY |
| 31 Mar 2023 | £343,183 | £339,950 | 30 FRANCIS WAY |
| 27 Mar 2023 | £494,660 | £490,000 | 12 AMBER HILL |
| 25 Oct 2022 | £263,166 | £266,000 | 9 FRANCIS WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 15 Mar 2019. Using an estimated price of £423,124 means this house is valued at £5,097 per sq meter (£473 per sq foot).
The average size of a house on FRANCIS WAY is 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Jan 2024 | Anti-social behaviour | On or near Tremayne Walk | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |