£846,248
This estimated value is based upon the latest sale price for the house of £490,000 on 26 May 2011. 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 |
|---|---|
| £490,000 | 26 May 2011 |
| Semi-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 May 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £490,000 results in an estimated price of approximately £846,248.
| 26 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £490,000 | £356,248 | £846,248 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | 26.434 % | £129,526 | £619,526 |
| 3 Month Average | 23.782 % | £116,532 | £606,532 |
| 6 Month Average | 20.509 % | £100,493 | £590,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £376,589 | £370,000 | 1 CHERRYTREE COTTAGES GREEN ROAD |
| 20 Jul 2023 | £369,980 | £365,000 | 3 HALLFIELD |
| 2 Jun 2023 | £551,683 | £545,000 | 1 HALLFIELD |
| 27 Jan 2023 | £786,296 | £790,000 | TUDOR COTTAGE GREEN ROAD |
| 16 Jan 2023 | £352,340 | £354,000 | 2 LACEY COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Oxlip Close |
| Mar 2024 | Burglary | Under investigation | On or near Brick Kiln Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Hall Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Vicarage Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Lane |