£845,880
This estimated value is based upon the latest sale price for the house of £680,000 on 28 Jun 2018. 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 |
|---|---|
| £680,000 | 28 Jun 2018 |
| £386,500 | 8 Jan 2004 |
| £325,000 | 12 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 June 2018 the House Price Index for SURREY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £680,000 results in an estimated price of approximately £845,880.
| 28 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £680,000 | £165,880 | £845,880 |
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 | -12.866 % | £-87,489 | £592,510 |
| 3 Month Average | -6.786 % | £-46,144 | £633,855 |
| 6 Month Average | 11.024 % | £74,960 | £754,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £781,840 | £775,000 | 12 BEAUFRONT ROAD |
| 6 Apr 2023 | £793,544 | £785,000 | 37 IBERIAN WAY |
| 8 Mar 2023 | £1,009,511 | £1,000,000 | 11 COLLINGWOOD RISE |
| 26 Oct 2022 | £811,265 | £820,000 | 50 CHATSWORTH HEIGHTS |
| 1 Jul 2022 | £1,027,767 | £1,025,000 | 18 COLLINGWOOD RISE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 19 Feb 2018. Using an estimated price of £845,881 means this house is valued at £5,221 per sq meter (£485 per sq foot).
The average size of a house on IBERIAN WAY is 170 sq meters (1,837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Iberian Way |
| Feb 2024 | Other crime | Under investigation | On or near Loddon Close |
| Feb 2024 | Burglary | Under investigation | On or near Clewborough Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coolarne Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coolarne Rise |