£595,803
This estimated value is based upon the latest sale price for the house of £479,950 on 30 Nov 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 |
|---|---|
| £479,950 | 30 Nov 2018 |
| £400,000 | 18 Jul 2014 |
| £176,500 | 28 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £479,950 results in an estimated price of approximately £595,803.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £479,950 | £115,853 | £595,803 |
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 | -8.407 % | £-40,348 | £439,601 |
| 3 Month Average | 0.245 % | £1,176 | £481,126 |
| 6 Month Average | 26.504 % | £127,206 | £607,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £954,222 | £930,000 | 16 PAGET CLOSE |
| 9 Nov 2023 | £564,325 | £550,000 | 30 PENINSULAR CLOSE |
| 23 Jun 2023 | £734,724 | £720,000 | 24 PENINSULAR CLOSE |
| 5 Apr 2023 | £509,530 | £500,000 | 5 PAGET CLOSE |
| 4 Apr 2023 | £835,630 | £820,000 | 38 PENINSULAR CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 11 Aug 2015. Using an estimated price of £595,804 means this house is valued at £6,271 per sq meter (£582 per sq foot).
The average size of a house on PENINSULAR CLOSE is 136 sq meters (1,466 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peninsular Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clarence Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Angers Close |
| Jul 2024 | Anti-social behaviour | On or near Angers Close | |
| Jun 2024 | Anti-social behaviour | On or near Angers Close |