£724,099
This estimated value is based upon the latest sale price for the house of £570,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Redwood Drive
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8 Ridgewood Drive, Frimley, GU16 9QF
Phone: 01276945692
| Price Paid | Date |
|---|---|
| £570,000 | 5 May 2017 |
| £360,000 | 12 Dec 2003 |
| 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 May 2017 the House Price Index for SURREY was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £570,000 results in an estimated price of approximately £724,099.
| 5 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £570,000 | £154,099 | £724,099 |
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 | 27.096 % | £154,446 | £724,446 |
| 3 Month Average | -4.113 % | £-23,442 | £546,557 |
| 6 Month Average | 22.264 % | £126,905 | £696,905 |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 22 May 2015.
There is one other house on the street which we know the size of, this is 1 REDWOOD DRIVE it is 159.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Redwood Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kirkstone Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Dalston Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dalston Close |