£587,026
This estimated value is based upon the latest sale price for the house of £474,500 on 27 Mar 2018. 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 |
|---|---|
| £474,500 | 27 Mar 2018 |
| £319,950 | 17 Jun 2013 |
| Semi-Detached |
| 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 March 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £474,500 results in an estimated price of approximately £587,026.
| 27 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £474,500 | £112,526 | £587,026 |
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 | -12.784 % | £-60,660 | £413,839 |
| 3 Month Average | -17.021 % | £-80,762 | £393,737 |
| 6 Month Average | -5.568 % | £-26,421 | £448,078 |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 8 May 2013.
The average size of a house on WILKINS CRESCENT is 160 sq meters (1,727 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Awaiting court outcome | On or near Wilkins Crescent |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wilkins Crescent |
| Jan 2024 | Anti-social behaviour | On or near Wilkins Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Wilkins Crescent | |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Wilkins Crescent |