£797,513
This estimated value is based upon the latest sale price for the house of £790,000 on 9 Mar 2023. 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 |
|---|---|
| £790,000 | 9 Mar 2023 |
| £382,000 | 7 Nov 2003 |
| £206,950 | 31 Jul 1996 |
| Detached |
| Freehold |
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 March 2023 the House Price Index for SURREY was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £790,000 results in an estimated price of approximately £797,513.
| 9 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £790,000 | £7,513 | £797,513 |
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 | -71.541 % | £-565,176 | £224,823 |
| 3 Month Average | -25.330 % | £-200,109 | £589,890 |
| 6 Month Average | 0.395 % | £3,117 | £793,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £766,707 | £760,000 | 22 SEYMOUR DRIVE |
| 6 Apr 2023 | £492,806 | £487,500 | 1 WATERLOO CLOSE |
| 9 Mar 2023 | £797,514 | £790,000 | 2 RAMSAY CLOSE |
| 29 Mar 2022 | £704,658 | £680,000 | 1 HANSON CLOSE |
| 26 Oct 2021 | £735,808 | £665,000 | 12 SEYMOUR DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ramsay Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seymour Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Eliot Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Foxhill Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Foxhill Crescent |