£1,013,558
This estimated value is based upon the latest sale price for the house of £820,000 on 25 Sep 2019. 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 |
|---|---|
| £820,000 | 25 Sep 2019 |
| £599,950 | 16 Jan 2007 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 September 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £820,000 results in an estimated price of approximately £1,013,558.
| 25 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £820,000 | £193,558 | £1,013,558 |
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 | -0.422 % | £-3,460 | £816,539 |
| 3 Month Average | -6.348 % | £-52,055 | £767,944 |
| 6 Month Average | 3.456 % | £28,339 | £848,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £715,000 | £715,000 | 12 DUNDAFF CLOSE |
| 5 Dec 2023 | £1,093,604 | £1,060,000 | 4 CHESTERS ROAD |
| 23 Nov 2023 | £810,576 | £790,000 | 24 YOULDEN DRIVE |
| 18 Sep 2023 | £398,791 | £390,000 | FLAT 6 GREENSIDE VIEW SPRINGFIELD ROAD |
| 14 Sep 2023 | £339,484 | £332,000 | 5 DARRINGTON SPRINGFIELD ROAD |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 12 Jun 2018. Using an estimated price of £1,013,558 means this house is valued at £5,825 per sq meter (£541 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 250 sq meters (2,700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spring Gardens |
| Apr 2024 | Anti-social behaviour | On or near Spring Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Spring Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Spring Gardens | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Gardens |