£723,162
This estimated value is based upon the latest sale price for the house of £420,000 on 30 Mar 2012. 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 |
|---|---|
| £420,000 | 30 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 March 2012 the House Price Index for SURREY was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £420,000 results in an estimated price of approximately £723,162.
| 30 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £420,000 | £303,162 | £723,162 |
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 | 63.448 % | £266,480 | £686,480 |
| 3 Month Average | 51.948 % | £218,181 | £638,181 |
| 6 Month Average | 45.821 % | £192,450 | £612,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £548,426 | £540,000 | 21 AZALEA WAY |
| 13 Oct 2023 | £562,782 | £550,000 | 16 ROUNDWAY |
| 22 Sep 2023 | £726,004 | £710,000 | 3 MIDDLE CLOSE |
| 11 Sep 2023 | £726,004 | £710,000 | 7 ROUNDWAY CLOSE |
| 23 Jun 2023 | £790,849 | £775,000 | 38 CLEWBOROUGH DRIVE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 12 Jul 2017. Using an estimated price of £723,163 means this house is valued at £4,548 per sq meter (£422 per sq foot).
The average size of a house on ROUNDWAY is 183 sq meters (1,973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Azalea Way |
| Oct 2024 | Drugs | Under investigation | On or near Azalea Way |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Roundway Close |
| Oct 2024 | Burglary | Under investigation | On or near Copped Hall Way |
| Sep 2024 | Drugs | Local resolution | On or near Copped Hall Drive |