£539,653
This estimated value is based upon the latest sale price for the house of £500,000 on 8 Dec 2021. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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8 Woodhead Place, CB23 3GU
Phone: 01480400404
| Price Paid | Date |
|---|---|
| £500,000 | 8 Dec 2021 |
| £163,995 | 19 Aug 1999 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in December 2021 the House Price Index for CAMBRIDGESHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £500,000 results in an estimated price of approximately £539,653.
| 8 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £500,000 | £39,653 | £539,653 |
The Postcode Pricing Model uses changes in average sales price within the CB23 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 | 59.193 % | £295,964 | £795,964 |
| 3 Month Average | 30.168 % | £150,838 | £650,838 |
| 6 Month Average | 26.683 % | £133,415 | £633,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £641,278 | £625,000 | 15 VARRIER JONES DRIVE |
| 27 Jun 2023 | £535,736 | £525,000 | 7 VARRIER JONES DRIVE |
| 15 Nov 2022 | £418,045 | £420,000 | 14 LINLITHGOW CLOSE |
| 18 Jan 2022 | £551,303 | £520,000 | 15 BLYTON ROAD |
| 12 Jan 2022 | £439,982 | £415,000 | 24 HAYMANS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St George Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Varrier Jones Place |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ermine Street North |
| Aug 2024 | Anti-social behaviour | On or near Ermine Street North | |
| Aug 2024 | Anti-social behaviour | On or near Ermine Street North |