£396,945
This estimated value is based upon the latest sale price for the house of £325,000 on 7 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 |
|---|---|
| £325,000 | 7 Oct 2019 |
| £195,000 | 19 Aug 2005 |
| £74,000 | 12 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 £325,000 results in an estimated price of approximately £396,945.
| 7 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £325,000 | £71,945 | £396,945 |
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 % | £-234,322 | £90,677 |
| 3 Month Average | -26.936 % | £-87,543 | £237,456 |
| 6 Month Average | -3.515 % | £-11,422 | £313,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £406,373 | £405,000 | 7 DAWSMERE CLOSE |
| 27 Jul 2023 | £446,726 | £442,500 | 30 DAWSMERE CLOSE |
| 4 Jan 2023 | £232,954 | £235,000 | 11 DAWSMERE CLOSE |
| 2 Nov 2022 | £349,335 | £355,000 | 24 DAWSMERE CLOSE |
| 11 Jul 2022 | £451,390 | £452,000 | 9 BRAMCOTE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Jul 2019. Using an estimated price of £396,946 means this house is valued at £4,900 per sq meter (£455 per sq foot).
The average size of a house on GLASSONBY WALK is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bramcote |
| Jan 2024 | Anti-social behaviour | On or near Tremayne Walk | |
| Jan 2024 | Anti-social behaviour | On or near Tremayne Walk | |
| Jan 2024 | Anti-social behaviour | On or near Tremayne Walk | |
| Jan 2024 | Anti-social behaviour | On or near Tremayne Walk |