£412,831
This estimated value is based upon the latest sale price for the house of £400,000 on 4 Mar 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 |
---|---|
£400,000 | 4 Mar 2022 |
£217,000 | 22 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £400,000 results in an estimated price of approximately £412,831.
4 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.0 | 3.208 % | £400,000 | £12,831 | £412,831 |
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 | -30.001 % | £-120,002 | £279,997 |
3 Month Average | -17.993 % | £-71,971 | £328,028 |
6 Month Average | -3.799 % | £-15,194 | £384,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £387,356 | £385,000 | 7 HONISTER WALK |
28 Jul 2023 | £378,581 | £375,000 | 16 MILLHOLME WALK |
12 Jul 2023 | £398,772 | £395,000 | 8 REDMAYNE CLOSE |
1 Mar 2023 | £477,582 | £475,000 | 9 BELLINGHAM CLOSE |
27 Jan 2023 | £182,398 | £184,000 | 13 HEATHER RIDGE ARCADE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Jun 2021. Using an estimated price of £412,831 means this house is valued at £4,439 per sq meter (£412 per sq foot).
The average size of a house on INGLEWOOD AVENUE is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Keswick Close | |
Mar 2024 | Anti-social behaviour | On or near Keswick Close | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cumberland Road |
Mar 2024 | Other theft | Under investigation | On or near Parking Area |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |