£388,741
This estimated value is based upon the latest sale price for the house of £225,000 on 3 Feb 2012. 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 |
|---|---|
| £225,000 | 3 Feb 2012 |
| £249,995 | 26 Jun 2007 |
| 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 February 2012 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £225,000 results in an estimated price of approximately £388,741.
| 3 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £225,000 | £163,741 | £388,741 |
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 | 48.144 % | £108,323 | £333,323 |
| 3 Month Average | 87.457 % | £196,779 | £421,779 |
| 6 Month Average | 83.992 % | £188,981 | £413,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £355,937 | £345,000 | 3 ALSA LEYS |
| 16 Jun 2023 | £607,168 | £595,000 | 5 NEW ROAD |
| 28 Apr 2023 | £356,671 | £350,000 | 31 ALSA GARDENS |
| 31 Mar 2023 | £207,465 | £204,000 | 47 GOLDS NURSERIES BUSINESS PARK |
| 24 Mar 2023 | £418,997 | £412,000 | 4 ALSA LEYS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alsa Leys |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Spencer Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spencer Close |
| Aug 2024 | Public order | On or near Elsenham (Station) | |
| Jun 2024 | Burglary | On or near Elsenham (Station) |