£497,968
This estimated value is based upon the latest sale price for the house of £465,000 on 20 Jan 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 |
---|---|
£465,000 | 20 Jan 2022 |
Terraced |
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 January 2022 the House Price Index for ESSEX was 94.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 7.090%.Applying this 7.090% change to the original purchase price of £465,000 results in an estimated price of approximately £497,968.
20 Jan 2022 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.5 | 101.2 | 7.090 % | £465,000 | £32,968 | £497,968 |
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 | -40.709 % | £-189,296 | £275,703 |
3 Month Average | 12.419 % | £57,748 | £522,748 |
6 Month Average | 5.318 % | £24,727 | £489,727 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Aug 2024 | £515,604 | £510,000 | 6 BLUEBELL DRIVE |
1 Jul 2024 | £450,233 | £440,000 | 17 NUTHATCH PLACE |
24 May 2024 | £919,072 | £900,000 | WALPOLE FARM HOUSE CAMBRIDGE ROAD |
30 Nov 2023 | £497,705 | £480,000 | 49 CROASDAILE ROAD |
21 Sep 2023 | £402,324 | £390,000 | 20 CROASDAILE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near White Bear |
Jan 2025 | Public order | Under investigation | On or near White Bear |
Jan 2025 | Violence and sexual offences | Under investigation | On or near White Bear |
Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near White Bear |
Dec 2024 | Other crime | Awaiting court outcome | On or near Queens Close |