£499,784
This estimated value is based upon the latest sale price for the house of £400,000 on 7 Feb 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 |
|---|---|
| £400,000 | 7 Feb 2018 |
| £350,000 | 6 May 2016 |
| Detached |
| Freehold |
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 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £400,000 results in an estimated price of approximately £499,784.
| 7 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £400,000 | £99,784 | £499,784 |
The Postcode Pricing Model uses changes in average sales price within the CM22 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 | 16.742 % | £66,969 | £466,969 |
| 3 Month Average | -1.132 % | £-4,526 | £395,473 |
| 6 Month Average | 5.977 % | £23,908 | £423,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £373,260 | £369,995 | 71 HAILES WOOD |
| 28 Apr 2023 | £348,755 | £345,000 | 24 HAILES WOOD |
| 3 Apr 2023 | £437,208 | £432,500 | THE VILLA HIGH STREET |
| 21 Oct 2022 | £380,899 | £385,000 | 14 HAILES WOOD |
| 15 Jul 2022 | £429,155 | £428,000 | 44C HAILES WOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hailes Wood |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hailes Wood |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corriander Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oziers |