£491,345
This estimated value is based upon the latest sale price for the house of £285,000 on 14 May 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
8 Cambridge Road, Stansted, CM24 8BZ
Phone: 01279246659
| Price Paid | Date |
|---|---|
| £285,000 | 14 May 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 2010 the House Price Index for ESSEX was 58.7.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 72.402%.Applying this 72.402% change to the original purchase price of £285,000 results in an estimated price of approximately £491,345.
| 14 May 2010 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.7 | 101.2 | 72.402 % | £285,000 | £206,345 | £491,345 |
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 | 1.006 % | £2,867 | £287,867 |
| 3 Month Average | 42.414 % | £120,878 | £405,878 |
| 6 Month Average | 49.314 % | £140,545 | £425,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2024 | £366,085 | £365,000 | 3 BANKS LANE |
| 11 Sep 2023 | £737,594 | £715,000 | 8 REEVE ROAD |
| 30 Jun 2023 | £428,430 | £417,000 | 6 CARTERS DRIVE |
| 27 Apr 2023 | £472,130 | £460,000 | 34 LIVINGS WAY |
| 20 Oct 2022 | £342,368 | £340,000 | 34 FELSTEAD CRESCENT |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 15 Jun 2021. Using an estimated price of £491,346 means this house is valued at £4,128 per sq meter (£383 per sq foot).
The average size of a house on FELSTEAD CRESCENT is 130 sq meters (1,405 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Carters Drive | |
| Oct 2024 | Anti-social behaviour | On or near Carters Drive | |
| Oct 2024 | Anti-social behaviour | On or near Carters Drive | |
| Oct 2024 | Anti-social behaviour | On or near Carters Drive | |
| Jan 2025 | Vehicle crime | Under investigation | On or near Reeve Road |