£930,551
This estimated value is based upon the latest sale price for the house of £625,000 on 10 Feb 2015. 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 |
|---|---|
| £625,000 | 10 Feb 2015 |
| £310,000 | 16 May 2002 |
| 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 February 2015 the House Price Index for SURREY was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £625,000 results in an estimated price of approximately £930,551.
| 10 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £625,000 | £305,551 | £930,551 |
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 | 30.197 % | £188,729 | £813,729 |
| 3 Month Average | 23.260 % | £145,376 | £770,376 |
| 6 Month Average | 22.618 % | £141,363 | £766,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £700,919 | £685,000 | 10 LODDON CLOSE |
| 4 Sep 2023 | £848,709 | £830,000 | 4 IBERIAN WAY |
| 6 Apr 2023 | £799,963 | £785,000 | 37 IBERIAN WAY |
| 8 Mar 2023 | £1,016,984 | £1,000,000 | 11 COLLINGWOOD RISE |
| 26 Oct 2022 | £817,270 | £820,000 | 50 CHATSWORTH HEIGHTS |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 14 Oct 2013. Using an estimated price of £930,551 means this house is valued at £5,852 per sq meter (£543 per sq foot).
The average size of a house on LODDON CLOSE is 173 sq meters (1,867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Loddon Close | |
| Aug 2024 | Anti-social behaviour | On or near Loddon Close | |
| Aug 2024 | Anti-social behaviour | On or near Loddon Close | |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Coolarne Rise |
| Oct 2024 | Burglary | Under investigation | On or near Chatsworth Heights |