£874,749
This estimated value is based upon the latest sale price for the house of £580,000 on 28 Oct 2014. 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 |
|---|---|
| £580,000 | 28 Oct 2014 |
| £177,500 | 14 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,540 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 2014 the House Price Index for SURREY was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £580,000 results in an estimated price of approximately £874,749.
| 28 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £580,000 | £294,749 | £874,749 |
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 | 6.071 % | £35,213 | £615,213 |
| 3 Month Average | 9.942 % | £57,661 | £637,661 |
| 6 Month Average | 31.150 % | £180,667 | £760,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £790,849 | £775,000 | 38 CLEWBOROUGH DRIVE |
| 23 Jun 2023 | £816,360 | £800,000 | 8 CLEWBOROUGH DRIVE |
| 6 Apr 2023 | £799,963 | £785,000 | 37 IBERIAN WAY |
| 23 Jun 2022 | £883,894 | £865,000 | 46 IBERIAN WAY |
| 23 Jun 2022 | £1,062,717 | £1,040,000 | 46 YOULDEN DRIVE |
This house has a floor area of 143 sq meters or 1,540 sq feet when measured on 2 Aug 2010. Using an estimated price of £874,749 means this house is valued at £6,110 per sq meter (£567 per sq foot).
The average size of a house on IBERIAN WAY is 170 sq meters (1,837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Heights |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chatsworth Heights |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coolarne Rise |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burgoyne Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peninsular Close |