£640,621
This estimated value is based upon the latest sale price for the house of £342,500 on 12 Mar 2009. 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 |
---|---|
£342,500 | 12 Mar 2009 |
£335,000 | 29 Jun 2001 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,359 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 March 2009 the House Price Index for SURREY was 80.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.043%.Applying this 87.043% change to the original purchase price of £342,500 results in an estimated price of approximately £640,621.
12 Mar 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.0 | 149.7 | 87.043 % | £342,500 | £298,121 | £640,621 |
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 | 210.620 % | £721,373 | £1,063,873 |
3 Month Average | 111.107 % | £380,541 | £723,041 |
6 Month Average | 75.196 % | £257,547 | £600,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £600,000 | £600,000 | 9 FOXHILL CRESCENT |
15 Dec 2023 | £624,180 | £605,000 | 13 DARRACOTT CLOSE |
27 Sep 2023 | £705,553 | £690,000 | AT THE END, 34 THE MAULTWAY |
22 Sep 2023 | £631,419 | £617,500 | 21 DARRACOTT CLOSE |
10 Oct 2022 | £176,411 | £177,000 | FLAT 15 COLLINGWOOD PLACE, 2 THE MAULTWAY |
This house has a floor area of 126 sq meters or 1,359 sq feet when measured on 5 Nov 2008. Using an estimated price of £640,621 means this house is valued at £5,071 per sq meter (£471 per sq foot).
The average size of a house on SOVEREIGN DRIVE is 154 sq meters (1,659 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsay Close |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waterloo Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Waterloo Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Waterloo Close |
Sep 2024 | Burglary | Under investigation | On or near Seymour Drive |