£974,119
This estimated value is based upon the latest sale price for the house of £730,000 on 14 Oct 2016. 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 |
|---|---|
| £730,000 | 14 Oct 2016 |
| £450,000 | 19 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2016 the House Price Index for SURREY was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £730,000 results in an estimated price of approximately £974,119.
| 14 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £730,000 | £244,119 | £974,119 |
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 | 4.019 % | £29,340 | £759,340 |
| 3 Month Average | 1.013 % | £7,395 | £737,395 |
| 6 Month Average | 13.569 % | £99,053 | £829,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £548,426 | £540,000 | 21 AZALEA WAY |
| 22 Sep 2023 | £726,004 | £710,000 | 3 MIDDLE CLOSE |
| 15 Sep 2023 | £674,877 | £660,000 | 42 FAIRWAY HEIGHTS |
| 23 Jun 2023 | £790,849 | £775,000 | 38 CLEWBOROUGH DRIVE |
| 23 Jun 2023 | £816,360 | £800,000 | 8 CLEWBOROUGH DRIVE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 28 Oct 2015. Using an estimated price of £974,120 means this house is valued at £6,050 per sq meter (£562 per sq foot).
The average size of a house on AZALEA WAY is 193 sq meters (2,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Copped Hall Drive |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Copped Hall Drive |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Copped Hall Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peninsular Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Heights |