£1,080,440
This estimated value is based upon the latest sale price for the house of £1,060,000 on 5 Dec 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 |
|---|---|
| £1,060,000 | 5 Dec 2023 |
| £565,000 | 15 Jul 2002 |
| 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 December 2023 the House Price Index for SURREY was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £1,060,000 results in an estimated price of approximately £1,080,440.
| 5 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £1,060,000 | £20,440 | £1,080,440 |
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 | -42.123 % | £-446,504 | £613,495 |
| 3 Month Average | -21.744 % | £-230,486 | £829,513 |
| 6 Month Average | -4.838 % | £-51,286 | £1,008,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £1,080,441 | £1,060,000 | 4 CHESTERS ROAD |
| 6 Apr 2023 | £1,108,237 | £1,100,000 | 7 KILMORE DRIVE |
| 25 Nov 2022 | £1,279,255 | £1,300,000 | BULFORD LODGE SPRINGFIELD ROAD |
| 17 Dec 2021 | £1,237,246 | £1,159,500 | THE PINES SPRINGFIELD ROAD |
| 8 Oct 2021 | £1,484,959 | £1,347,500 | 9 KENSINGTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chesters Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Gardens |
| Apr 2024 | Anti-social behaviour | On or near Spring Gardens | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Dundaff Close |