£401,280
This estimated value is based upon the latest sale price for the house of £360,000 on 22 Oct 2021. 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 |
|---|---|
| £360,000 | 22 Oct 2021 |
| £121,500 | 23 Feb 2001 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2021 the House Price Index for SURREY was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £360,000 results in an estimated price of approximately £401,280.
| 22 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £360,000 | £41,280 | £401,280 |
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 | -1.165 % | £-4,194 | £355,805 |
| 3 Month Average | -8.305 % | £-29,899 | £330,100 |
| 6 Month Average | -1.929 % | £-6,946 | £353,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £229,751 | £227,756 | 9 CHEVIOT CLOSE |
| 1 Mar 2023 | £483,067 | £475,000 | 9 BELLINGHAM CLOSE |
| 10 Jun 2022 | £413,846 | £405,000 | 26 MARTINDALE AVENUE |
| 27 May 2022 | £462,037 | £450,000 | 38 ROXBURGH CLOSE |
| 13 Jan 2022 | £397,574 | £375,000 | 27 ROXBURGH CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 27 May 2021. Using an estimated price of £401,281 means this house is valued at £4,094 per sq meter (£380 per sq foot).
The average size of a house on CHEVIOT CLOSE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Cheviot Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coniston Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Roxburgh Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |