£1,007,631
This estimated value is based upon the latest sale price for the house of £825,000 on 10 Oct 2019. 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 |
|---|---|
| £825,000 | 10 Oct 2019 |
| £715,000 | 14 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 194 sq meters or 2,088 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 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £825,000 results in an estimated price of approximately £1,007,631.
| 10 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £825,000 | £182,631 | £1,007,631 |
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 | -72.099 % | £-594,818 | £230,181 |
| 3 Month Average | -26.936 % | £-222,225 | £602,774 |
| 6 Month Average | -3.515 % | £-28,995 | £796,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £667,254 | £665,000 | 3 COPPED HALL DRIVE |
| 21 Jun 2023 | £614,986 | £610,000 | 24 ROUNDWAY |
| 5 Jul 2022 | £709,042 | £710,000 | 26 ROUNDWAY |
| 8 Feb 2022 | £652,788 | £625,000 | 44 ROUNDWAY |
| 13 Jan 2022 | £660,340 | £630,000 | 6 ROUNDWAY CLOSE |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 20 Dec 2018. Using an estimated price of £1,007,631 means this house is valued at £5,193 per sq meter (£482 per sq foot).
The average size of a house on ROUNDWAY is 183 sq meters (1,973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Copped Hall Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathside Park |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Green Hill Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peninsular Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clarence Drive |