£864,107
This estimated value is based upon the latest sale price for the house of £470,000 on 21 Jul 2005. 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 |
|---|---|
| £470,000 | 21 Jul 2005 |
| £422,225 | 7 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 July 2005 the House Price Index for SURREY was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £470,000 results in an estimated price of approximately £864,107.
| 21 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £470,000 | £394,107 | £864,107 |
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 | 61.295 % | £288,087 | £758,087 |
| 3 Month Average | 45.678 % | £214,687 | £684,687 |
| 6 Month Average | 73.461 % | £345,265 | £815,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £374,553 | £368,000 | 23 CUMBERLAND ROAD |
| 23 Nov 2023 | £685,143 | £675,000 | 45 HILLSBOROUGH PARK |
| 6 Nov 2023 | £593,791 | £585,000 | 43 FRANCIS WAY |
| 28 Apr 2023 | £348,755 | £345,000 | 32 GLASSONBY WALK |
| 18 Feb 2022 | £629,217 | £600,000 | 18 CUMBERLAND ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 22 May 2019. Using an estimated price of £864,108 means this house is valued at £5,722 per sq meter (£531 per sq foot).
The average size of a house on HILLSBOROUGH PARK is 184 sq meters (1,988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bramcote |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| 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 |