£686,160
This estimated value is based upon the latest sale price for the house of £536,995 on 7 Dec 2017. 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 |
|---|---|
| £536,995 | 7 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 December 2017 the House Price Index for ESSEX was 79.2.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 27.778%.Applying this 27.778% change to the original purchase price of £536,995 results in an estimated price of approximately £686,160.
| 7 Dec 2017 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.2 | 101.2 | 27.778 % | £536,995 | £149,165 | £686,160 |
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 | -20.833 % | £-111,874 | £425,120 |
| 3 Month Average | -1.282 % | £-6,886 | £530,108 |
| 6 Month Average | 3.613 % | £19,401 | £556,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £389,231 | £385,000 | 81 MANOR ROAD |
| 5 Jul 2024 | £260,930 | £255,000 | 24 MANOR ROAD |
| 15 Dec 2023 | £224,078 | £215,000 | 2 MANOR ROAD |
| 24 Nov 2023 | £842,469 | £812,500 | 27 PARK ROAD |
| 1 Nov 2023 | £487,336 | £470,000 | 1 MOUNTFITCHET ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 18 Aug 2017. Using an estimated price of £686,160 means this house is valued at £4,574 per sq meter (£424 per sq foot).
The average size of a house on PARK ROAD is 162 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mountfitchet Road |