£564,377
This estimated value is based upon the latest sale price for the house of £327,500 on 26 Nov 2009. 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 |
---|---|
£327,500 | 26 Nov 2009 |
£287,995 | 28 Aug 2002 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,028 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 November 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £327,500 results in an estimated price of approximately £564,377.
26 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 146.7 | 72.329 % | £327,500 | £236,877 | £564,377 |
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 | 44.566 % | £145,954 | £473,454 |
3 Month Average | 55.192 % | £180,753 | £508,253 |
6 Month Average | 66.185 % | £216,754 | £544,254 |
This house has a floor area of 95 sq meters or 1,028 sq feet when measured on 30 Apr 2009.
The average size of a house on STONEY COMMON ROAD is 171 sq meters (1,846 sq feet).
This house is the smallest in the street with a floor area of 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Under investigation | On or near Old Bell Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near West Road |