£679,400
This estimated value is based upon the latest sale price for the house of £425,000 on 24 Apr 2008. 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 |
|---|---|
| £425,000 | 24 Apr 2008 |
| £357,000 | 1 Mar 2005 |
| £152,000 | 1 Feb 1995 |
| Detached |
| Freehold |
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 April 2008 the House Price Index for SURREY was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £425,000 results in an estimated price of approximately £679,400.
| 24 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £425,000 | £254,400 | £679,400 |
The Postcode Pricing Model uses changes in average sales price within the GU16 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 | 98.808 % | £419,932 | £844,932 |
| 3 Month Average | 62.480 % | £265,537 | £690,537 |
| 6 Month Average | 69.114 % | £293,736 | £718,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £733,224 | £720,000 | 19 SILVER DRIVE |
| 18 Aug 2022 | £728,406 | £725,000 | 10 FERN CLOSE |
| 22 Apr 2022 | £778,066 | £750,000 | 18 FERN CLOSE |
| 22 Dec 2021 | £628,697 | £582,500 | 27 FERN CLOSE |
| 1 Dec 2021 | £1,052,325 | £975,000 | 83 OLD BISLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fern Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fern Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Ridings |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Ridings |