£490,819
This estimated value is based upon the latest sale price for the house of £249,950 on 22 Jul 2004. 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 |
|---|---|
| £249,950 | 22 Jul 2004 |
| £119,950 | 30 Jan 1997 |
| 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 July 2004 the House Price Index for SURREY was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £249,950 results in an estimated price of approximately £490,819.
| 22 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £249,950 | £240,869 | £490,819 |
The Postcode Pricing Model uses changes in average sales price within the GU16 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 | 156.772 % | £391,851 | £641,801 |
| 3 Month Average | 82.127 % | £205,276 | £455,226 |
| 6 Month Average | 92.212 % | £230,484 | £480,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £733,224 | £720,000 | 19 SILVER DRIVE |
| 19 Aug 2022 | £864,040 | £860,000 | 4 EDGEMOOR ROAD |
| 18 Aug 2022 | £728,406 | £725,000 | 10 FERN CLOSE |
| 6 Jun 2022 | £531,358 | £520,000 | 3 HASLEMERE CLOSE |
| 22 Apr 2022 | £778,066 | £750,000 | 18 FERN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fern Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fern Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winding Wood Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winding Wood Drive |