£628,645
This estimated value is based upon the latest sale price for the house of £367,900 on 28 May 2010. 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 |
|---|---|
| £367,900 | 28 May 2010 |
| 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 May 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £367,900 results in an estimated price of approximately £628,645.
| 28 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £367,900 | £260,745 | £628,645 |
The Postcode Pricing Model uses changes in average sales price within the CM22 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 | 48.728 % | £179,269 | £547,169 |
| 3 Month Average | 47.705 % | £175,506 | £543,406 |
| 6 Month Average | 63.069 % | £232,029 | £599,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £460,143 | £450,000 | 7 CHESTNUT WAY |
| 3 Aug 2023 | £376,796 | £370,000 | FAIRVIEW PARSONAGE ROAD |
| 9 Jun 2023 | £448,998 | £440,000 | 11 GARNETTS |
| 5 Jan 2022 | £455,885 | £430,000 | 41 GARNETTS |
| 30 Jun 2021 | £389,112 | £360,000 | 29 GARNETTS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Garnetts | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Garnetts |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Garnetts |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Garnetts |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Garnetts |