£422,093
This estimated value is based upon the latest sale price for the house of £395,000 on 10 Jun 2021. 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 |
|---|---|
| £395,000 | 10 Jun 2021 |
| 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £395,000 results in an estimated price of approximately £422,093.
| 10 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £395,000 | £27,093 | £422,093 |
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 | -26.138 % | £-103,243 | £291,756 |
| 3 Month Average | -15.428 % | £-60,939 | £334,060 |
| 6 Month Average | 0.134 % | £527 | £395,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £1,121,212 | £1,100,000 | MONTJOY THE STREET |
| 30 Nov 2023 | £448,255 | £442,500 | 1 PIPERS THE STREET |
| 23 Nov 2023 | £1,620,808 | £1,600,000 | MARLENSDALE FARM |
| 16 Aug 2023 | £804,895 | £800,000 | APPLE TREE YARD FULLERS END |
| 21 Jul 2023 | £424,011 | £420,000 | 2 PIPERS THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Park/Open Space |
| Jan 2024 | Drugs | Local resolution | On or near Park/Open Space |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claypit Hill |
| Apr 2024 | Anti-social behaviour | On or near Airport/Airfield |