£452,687
This estimated value is based upon the latest sale price for the house of £242,000 on 27 Jul 2005. 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 |
|---|---|
| £242,000 | 27 Jul 2005 |
| £209,000 | 21 May 2004 |
| Semi-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 July 2005 the House Price Index for ESSEX was 54.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 87.061%.Applying this 87.061% change to the original purchase price of £242,000 results in an estimated price of approximately £452,687.
| 27 Jul 2005 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.1 | 101.2 | 87.061 % | £242,000 | £210,687 | £452,687 |
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 | 17.236 % | £41,710 | £283,710 |
| 3 Month Average | 85.425 % | £206,729 | £448,729 |
| 6 Month Average | 90.719 % | £219,539 | £461,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2024 | £426,000 | £426,000 | 36 WETHERFIELD |
| 4 Dec 2023 | £573,223 | £550,000 | 50 WETHERFIELD |
| 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 |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wetherfield |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Wetherfield |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bentfield End Causeway |
| Jan 2025 | Other theft | Under investigation | On or near Loates Pasture |
| Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Bentfield Gardens |