£271,610
This estimated value is based upon the latest sale price for the house of £270,000 on 18 Nov 2022. 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 |
|---|---|
| £270,000 | 18 Nov 2022 |
| Flats/Maisonettes |
| 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 2022 the House Price Index for ESSEX was 100.6.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 0.596%.Applying this 0.596% change to the original purchase price of £270,000 results in an estimated price of approximately £271,610.
| 18 Nov 2022 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.6 | 101.2 | 0.596 % | £270,000 | £1,610 | £271,610 |
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 | -73.780 % | £-199,205 | £70,794 |
| 3 Month Average | -27.493 % | £-74,231 | £195,768 |
| 6 Month Average | -18.557 % | £-50,103 | £219,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £138,700 | £135,000 | FLAT 1 HERMITAGE COURT BENTFIELD ROAD |
| 21 Apr 2023 | £220,669 | £215,000 | FLAT 11 HERMITAGE COURT BENTFIELD ROAD |
| 1 Dec 2022 | £428,814 | £425,000 | 9 BENTFIELD CAUSEWAY |
| 18 Nov 2022 | £271,610 | £270,000 | 1 POND LANE |
| 15 Jun 2022 | £981,020 | £950,000 | 4 THE HALL BARNS BENTFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cannons Mead |
| Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Bentfield Gardens |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bentfield End Causeway |
| Jan 2025 | Other crime | Under investigation | On or near Cannons Court |
| Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |