£357,889
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Sep 2023. 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 |
|---|---|
| £350,000 | 15 Sep 2023 |
| £290,000 | 7 Jun 2019 |
| £225,000 | 20 Jan 2015 |
| 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 September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £350,000 results in an estimated price of approximately £357,889.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £350,000 | £7,889 | £357,889 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | 33.555 % | £117,440 | £467,440 |
| 3 Month Average | 5.955 % | £20,843 | £370,843 |
| 6 Month Average | -12.964 % | £-45,373 | £304,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £498,500 | £498,500 | ELMHURST STORTFORD ROAD |
| 26 Apr 2024 | £580,037 | £575,000 | TARINA, 4 HIGH STREET |
| 15 Sep 2023 | £357,889 | £350,000 | 16A COLEHILLS CLOSE |
| 29 Aug 2023 | £346,245 | £340,000 | 14 COLEHILLS CLOSE |
| 30 Jun 2023 | £443,896 | £435,000 | 12 COLEHILLS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Colehills Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Colehills Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Middle Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxleys Close |