£645,171
This estimated value is based upon the latest sale price for the house of £360,000 on 19 Dec 2008. 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 |
|---|---|
| £360,000 | 19 Dec 2008 |
| Detached |
| Freehold |
| Floor Area: 273 sq meters or 2,938 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 2008 the House Price Index for ESSEX was 81.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.214%.Applying this 79.214% change to the original purchase price of £360,000 results in an estimated price of approximately £645,171.
| 19 Dec 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 146.7 | 79.214 % | £360,000 | £285,171 | £645,171 |
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 | 81.202 % | £292,327 | £652,327 |
| 3 Month Average | 70.905 % | £255,256 | £615,256 |
| 6 Month Average | 82.865 % | £298,312 | £658,312 |
This house has a floor area of 273 sq meters or 2,938 sq feet when measured on 29 Nov 2018.
The average size of a house on FOREST HALL ROAD is 184 sq meters (1,986 sq feet).
This house is the largest in the street with a floor area of 273 sq meters (2,938 sq feet).
| 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 |