£406,402
This estimated value is based upon the latest sale price for the house of £395,000 on 12 Jul 2023. 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 |
|---|---|
| £395,000 | 12 Jul 2023 |
| £310,000 | 17 Apr 2015 |
| £176,000 | 24 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2023 the House Price Index for SURREY was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £395,000 results in an estimated price of approximately £406,402.
| 12 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £395,000 | £11,402 | £406,402 |
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 | 0.133 % | £524 | £395,524 |
| 3 Month Average | -12.162 % | £-48,039 | £346,960 |
| 6 Month Average | 0.398 % | £1,571 | £396,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £411,320 | £405,000 | 7 DAWSMERE CLOSE |
| 15 Sep 2023 | £424,355 | £415,000 | 32 INGLEWOOD AVENUE |
| 4 Jan 2023 | £235,630 | £235,000 | 11 DAWSMERE CLOSE |
| 2 Nov 2022 | £353,348 | £355,000 | 24 DAWSMERE CLOSE |
| 7 Dec 2021 | £237,448 | £220,000 | 44 DAWSMERE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Jan 2015.
The average size of a house on REDMAYNE CLOSE is 97 sq meters (1,052 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Mardale |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Roxburgh Close |