£1,177,110
This estimated value is based upon the latest sale price for the house of £681,000 on 19 Aug 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 |
|---|---|
| £681,000 | 19 Aug 2011 |
| 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 August 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 72.850%.Applying this 72.850% change to the original purchase price of £681,000 results in an estimated price of approximately £1,177,110.
| 19 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £681,000 | £496,110 | £1,177,110 |
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 | 16.901 % | £115,097 | £796,097 |
| 3 Month Average | 12.238 % | £83,343 | £764,343 |
| 6 Month Average | 10.829 % | £73,745 | £754,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £354,533 | £350,000 | 16A COLEHILLS CLOSE |
| 4 Sep 2023 | £607,771 | £600,000 | 1 ELDRIDGE CLOSE |
| 30 Jun 2023 | £440,334 | £435,000 | 12 COLEHILLS CLOSE |
| 29 Jun 2023 | £956,587 | £945,000 | OAKWOOD ARKESDEN ROAD |
| 17 Mar 2023 | £969,130 | £960,000 | FARTHINGS ARKESDEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clatterbury Lane |
| 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 |