£237,407
This estimated value is based upon the latest sale price for the house of £205,000 on 30 Oct 2020. 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 |
|---|---|
| £205,000 | 30 Oct 2020 |
| £45,000 | 4 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £205,000 results in an estimated price of approximately £237,407.
| 30 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £205,000 | £32,407 | £237,407 |
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 | 5.614 % | £11,509 | £216,509 |
| 3 Month Average | 15.766 % | £32,321 | £237,321 |
| 6 Month Average | 24.963 % | £51,173 | £256,173 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Mar 2020.
The average size of a house on COLTSFIELD is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Highmead |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near High Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Anti-social behaviour | On or near Hargrave Close | |
| Jan 2024 | Anti-social behaviour | On or near Hargrave Close |