£606,873
This estimated value is based upon the latest sale price for the house of £410,000 on 28 Apr 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8 Cambridge Road, Stansted, CM24 8BZ
Phone: 01279246659
Price Paid | Date |
---|---|
£410,000 | 28 Apr 2015 |
£78,000 | 15 Aug 1995 |
Terraced |
Freehold |
Floor Area: 127 sq meters or 1,367 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £410,000 results in an estimated price of approximately £606,873.
28 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £410,000 | £196,873 | £606,873 |
The Postcode Pricing Model uses changes in average sales price within the CM24 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 | 97.926 % | £401,495 | £811,495 |
3 Month Average | 36.941 % | £151,458 | £561,458 |
6 Month Average | 43.012 % | £176,350 | £586,350 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £567,436 | £550,000 | 50 WETHERFIELD |
2 Aug 2023 | £432,806 | £425,000 | 17 WETHERFIELD |
18 Nov 2022 | £268,743 | £270,000 | 1 POND LANE |
15 Jun 2022 | £970,751 | £950,000 | 4 THE HALL BARNS BENTFIELD ROAD |
31 Aug 2021 | £1,320,552 | £1,175,000 | 2 BENTFIELD CAUSEWAY |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 13 Mar 2020. Using an estimated price of £606,874 means this house is valued at £4,778 per sq meter (£443 per sq foot).
The average size of a house on BENTFIELD CAUSEWAY is 118 sq meters (1,274 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Unable to prosecute suspect | On or near Bentfield End Causeway |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Pond Lane |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wetherfield |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wetherfield |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bentfield Close |