£527,533
This estimated value is based upon the latest sale price for the house of £429,950 on 6 Sep 2019. 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 |
|---|---|
| £429,950 | 6 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £429,950 results in an estimated price of approximately £527,533.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £429,950 | £97,583 | £527,533 |
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 | -0.490 % | £-2,105 | £427,844 |
| 3 Month Average | 2.061 % | £8,862 | £438,812 |
| 6 Month Average | 9.121 % | £39,215 | £469,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £602,706 | £595,000 | 10 BLUEBELL DRIVE |
| 10 Feb 2023 | £647,065 | £647,500 | 46 BLUEBELL DRIVE |
| 12 Jan 2023 | £607,140 | £610,000 | 12 OXLIP ROAD |
| 25 Aug 2022 | £638,282 | £640,000 | 13 BLUEBELL DRIVE |
| 9 Dec 2021 | £514,261 | £480,000 | 23 RAINSFORD ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 4 Jul 2019. Using an estimated price of £527,533 means this house is valued at £5,223 per sq meter (£485 per sq foot).
The average size of a house on BUGLE CLOSE is 146 sq meters (1,579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bugle Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bugle Close |
| Jan 2024 | Drugs | Under investigation | On or near Nuthatch Place |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Orchid Place |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Gilbey Crescent |