£660,677
This estimated value is based upon the latest sale price for the house of £630,000 on 9 Feb 2022. 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 |
---|---|
£630,000 | 9 Feb 2022 |
£435,000 | 5 Jul 2013 |
£427,500 | 17 Dec 2010 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,713 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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £630,000 results in an estimated price of approximately £660,677.
9 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £630,000 | £30,677 | £660,677 |
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 | 10.018 % | £63,114 | £693,114 |
3 Month Average | -3.195 % | £-20,125 | £609,874 |
6 Month Average | 18.771 % | £118,254 | £748,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £422,113 | £417,000 | 6 CARTERS DRIVE |
3 Feb 2023 | £709,523 | £710,000 | 29 FELSTEAD CRESCENT |
20 Oct 2022 | £336,378 | £340,000 | 34 FELSTEAD CRESCENT |
31 Aug 2022 | £443,805 | £445,000 | 6 BANKS LANE |
6 Jul 2022 | £802,159 | £800,000 | 1 BANKS LANE |
This house has a floor area of 159 sq meters or 1,713 sq feet when measured on 15 Nov 2010. Using an estimated price of £660,678 means this house is valued at £4,149 per sq meter (£385 per sq foot).
The average size of a house on FELSTEAD CRESCENT is 130 sq meters (1,405 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Felstead Crescent |
Jan 2024 | Anti-social behaviour | On or near Snow Lane | |
Jan 2024 | Anti-social behaviour | On or near Snow Lane | |
Jan 2024 | Anti-social behaviour | On or near Snow Lane | |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Felstead Crescent |