£19,933
This estimated value is based upon the latest sale price for the house of £20,000 on 21 Oct 2022. 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 |
|---|---|
| £20,000 | 21 Oct 2022 |
| 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 October 2022 the House Price Index for SURREY was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £20,000 results in an estimated price of approximately £19,933.
| 21 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £20,000 | £-66 | £19,933 |
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 | 39.313 % | £7,862 | £27,862 |
| 3 Month Average | -8.370 % | £-1,674 | £18,325 |
| 6 Month Average | -2.662 % | £-532 | £19,467 |
| 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 |
| 11 Jul 2022 | £456,575 | £452,000 | 9 BRAMCOTE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Local resolution | On or near Wensleydale Drive |
| 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 |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ravenstone Road |
| May 2024 | Anti-social behaviour | On or near Ravenstone Road |