Full Address

M11 BUSINESS LINK UNIT 27 PARSONAGE LANE
STANSTED
ESSEX
UNITED KINGDOM
CM24 8GF

Estimated Market Value

£971,676

This estimated value is based upon the latest sale price for the house of £757,200 on 15 May 2015. This value is then adjusted by the current Official House Price Index for ESSEX1

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Transactions for this house
Price PaidDate
£757,20015 May 2015
House Details
Freehold

House Price Models

Land Registry House Price Index Model

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 May 2015 the House Price Index for ESSEX was 102.7.

The House Price Index as of 1 Dec 2019 is 131.8 which is a change of 28.325%.

Applying this 28.325% change to the original purchase price of £757,200 gives us an estimated price now of around £971,675.

15 May 2015 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
102.7 131.8 28.325 % £757,200 £214,475 £971,675

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 -59.527 % £-450,737 £306,462
3 Month Average -20.630 % £-156,208 £600,991
6 Month Average 11.396 % £86,288 £843,488
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
14 Nov 2019 £598,984 £595,000 5 CLARKE CLOSE
11 Nov 2019 £352,344 £350,000 1 PEACHEY WALK
24 Sep 2019 £381,972 £380,000 9 HAGGERWOOD WAY
24 Sep 2019 £462,387 £460,000 29 PEACHEY WALK
12 Aug 2019 £376,151 £372,500 50 WALSON WAY

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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