£1,243,408
This estimated value is based upon the latest sale price for the house of £1,225,000 on 17 Nov 2023. 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 |
|---|---|
| £1,225,000 | 17 Nov 2023 |
| £870,000 | 11 Apr 2011 |
| £665,000 | 12 Dec 2003 |
| 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 November 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £1,225,000 results in an estimated price of approximately £1,243,408.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £1,225,000 | £18,408 | £1,243,408 |
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 | -24.418 % | £-299,122 | £925,877 |
| 3 Month Average | 6.061 % | £74,245 | £1,299,245 |
| 6 Month Average | -13.923 % | £-170,556 | £1,054,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £1,243,409 | £1,225,000 | HORSESHOES STICKLING GREEN |
| 15 Sep 2023 | £354,533 | £350,000 | 16A COLEHILLS CLOSE |
| 4 Sep 2023 | £607,771 | £600,000 | 1 ELDRIDGE CLOSE |
| 29 Aug 2023 | £343,001 | £340,000 | 14 COLEHILLS CLOSE |
| 30 Jun 2023 | £440,334 | £435,000 | 12 COLEHILLS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clatterbury Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Skeins Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Skeins Way |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Barlee Close |