£588,597
This estimated value is based upon the latest sale price for the house of £370,000 on 10 Jan 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 |
|---|---|
| £370,000 | 10 Jan 2014 |
| £119,500 | 14 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 January 2014 the House Price Index for SURREY was 93.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.080%.Applying this 59.080% change to the original purchase price of £370,000 results in an estimated price of approximately £588,597.
| 10 Jan 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.0 | 59.080 % | £370,000 | £218,597 | £588,597 |
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 | -43.573 % | £-161,220 | £208,779 |
| 3 Month Average | 3.615 % | £13,375 | £383,375 |
| 6 Month Average | 30.413 % | £112,528 | £482,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £509,823 | £505,000 | 4 RAVENSTONE ROAD |
| 30 Jun 2022 | £512,191 | £507,000 | 22 RAVENSTONE ROAD |
| 14 Jun 2022 | £465,215 | £460,500 | 36 RAVENSTONE ROAD |
| 29 Apr 2022 | £612,308 | £597,000 | 14 RAVENSTONE ROAD |
| 3 Dec 2021 | £826,965 | £775,000 | 12 BORROWDALE GARDENS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 29 Aug 2013. Using an estimated price of £588,597 means this house is valued at £6,329 per sq meter (£587 per sq foot).
The average size of a house on BUTTERMERE DRIVE is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buttermere Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere Drive |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ravenstone Road |