£1,250,041
This estimated value is based upon the latest sale price for the house of £660,000 on 31 Jan 2005. 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 |
|---|---|
| £660,000 | 31 Jan 2005 |
| £560,000 | 14 Jun 2002 |
| 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 January 2005 the House Price Index for ESSEX was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £660,000 results in an estimated price of approximately £1,250,041.
| 31 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £660,000 | £590,041 | £1,250,041 |
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 | 52.350 % | £345,512 | £1,005,512 |
| 3 Month Average | 58.684 % | £387,314 | £1,047,314 |
| 6 Month Average | 72.438 % | £478,092 | £1,138,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £227,980 | £226,000 | 5 THE MEWS |
| 29 Nov 2023 | £282,162 | £275,000 | 18 THE MEWS |
| 27 Jun 2023 | £178,579 | £175,000 | 9 THE MEWS |
| 23 Jun 2023 | £306,135 | £300,000 | 11 GROVE HILL |
| 25 Nov 2022 | £995,346 | £1,000,000 | THE KILN ELSENHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near James Place | |
| Apr 2024 | Anti-social behaviour | On or near James Place | |
| Apr 2024 | Anti-social behaviour | On or near James Place | |
| Apr 2024 | Anti-social behaviour | On or near James Place | |
| May 2024 | Anti-social behaviour | On or near Lower Street |