£632,788
This estimated value is based upon the latest sale price for the house of £522,500 on 19 Dec 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 |
|---|---|
| £522,500 | 19 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £522,500 results in an estimated price of approximately £632,788.
| 19 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £522,500 | £110,288 | £632,788 |
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 | 39.706 % | £207,462 | £729,962 |
| 3 Month Average | 11.218 % | £58,611 | £581,111 |
| 6 Month Average | 16.126 % | £84,258 | £606,758 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 18 Apr 2014.
There is one other house on the street which we know the size of, this is 1 CHURCHILL CORNER it is 159.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parsonage Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parsonage Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Parsonage Lane |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Palmer Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmer Close |