£709,060
This estimated value is based upon the latest sale price for the house of £600,000 on 2 Oct 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 |
|---|---|
| £600,000 | 2 Oct 2020 |
| £360,000 | 27 Feb 2004 |
| £140,000 | 30 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 October 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £600,000 results in an estimated price of approximately £709,060.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £600,000 | £109,060 | £709,060 |
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 | -18.341 % | £-110,045 | £489,954 |
| 3 Month Average | -16.305 % | £-97,830 | £502,169 |
| 6 Month Average | -3.455 % | £-20,728 | £579,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £1,134,872 | £1,100,000 | 229 UPPER CHOBHAM ROAD |
| 15 Dec 2023 | £897,581 | £870,000 | 241 UPPER CHOBHAM ROAD |
| 9 Jun 2023 | £606,147 | £594,000 | 256 UPPER CHOBHAM ROAD |
| 21 Oct 2022 | £19,933 | £20,000 | 259 UPPER CHOBHAM ROAD |
| 6 Jan 2022 | £832,256 | £785,000 | 21 GREEN HILL ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 28 Nov 2019. Using an estimated price of £709,060 means this house is valued at £4,664 per sq meter (£433 per sq foot).
The average size of a house on THE SPINNEY is 198 sq meters (2,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Spinney |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Spinney |
| May 2024 | Drugs | Local resolution | On or near Wensleydale Drive |
| Jul 2024 | Drugs | Under investigation | On or near Copped Hall Drive |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Copped Hall Drive |