£622,932
This estimated value is based upon the latest sale price for the house of £500,000 on 23 Oct 2017. 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 | 23 Oct 2017 |
| Leasehold |
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 October 2017 the House Price Index for CAMBRIDGESHIRE was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £500,000 results in an estimated price of approximately £622,932.
| 23 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £500,000 | £122,932 | £622,932 |
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 | -9.437 % | £-47,184 | £452,815 |
| 3 Month Average | -0.227 % | £-1,135 | £498,864 |
| 6 Month Average | 26.452 % | £132,259 | £632,259 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Park Drive |
| Mar 2024 | Other crime | Under investigation | On or near South Park Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farm Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromwell Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summer'S Hill Drive |