£596,500
This estimated value is based upon the latest sale price for the house of £249,995 on 21 May 2003. 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 |
|---|---|
| £249,995 | 21 May 2003 |
| £184,995 | 9 Mar 2001 |
| 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 May 2003 the House Price Index for CAMBRIDGESHIRE was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £249,995 results in an estimated price of approximately £596,500.
| 21 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £249,995 | £346,505 | £596,500 |
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 | 155.572 % | £388,922 | £638,917 |
| 3 Month Average | 146.771 % | £366,920 | £616,915 |
| 6 Month Average | 136.065 % | £340,154 | £590,149 |
| 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 |
| 18 Jan 2022 | £551,303 | £520,000 | 15 BLYTON ROAD |
| 12 Jan 2022 | £439,982 | £415,000 | 24 HAYMANS WAY |
| 8 Dec 2021 | £539,654 | £500,000 | 1 DOCWRA ROAD |
| 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 |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Norton Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Way |
| Aug 2024 | Anti-social behaviour | On or near Elm Way |