£808,284
This estimated value is based upon the latest sale price for the house of £780,000 on 9 Mar 2022. 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 |
|---|---|
| £780,000 | 9 Mar 2022 |
| £493,500 | 4 Feb 2011 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £780,000 results in an estimated price of approximately £808,284.
| 9 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £780,000 | £28,284 | £808,284 |
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 | -48.227 % | £-376,168 | £403,831 |
| 3 Month Average | -8.065 % | £-62,906 | £717,093 |
| 6 Month Average | 19.260 % | £150,230 | £930,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £422,113 | £417,000 | 6 CARTERS DRIVE |
| 3 Feb 2023 | £709,523 | £710,000 | 29 FELSTEAD CRESCENT |
| 20 Oct 2022 | £336,378 | £340,000 | 34 FELSTEAD CRESCENT |
| 9 Mar 2022 | £808,285 | £780,000 | 24 FELSTEAD CRESCENT |
| 7 Mar 2022 | £108,808 | £105,000 | 14 FELSTEAD CRESCENT |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 23 Dec 2021. Using an estimated price of £808,285 means this house is valued at £3,777 per sq meter (£350 per sq foot).
The average size of a house on FELSTEAD CRESCENT is 130 sq meters (1,405 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Felstead Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Felstead Crescent |
| Jan 2024 | Anti-social behaviour | On or near Snow Lane | |
| Jan 2024 | Anti-social behaviour | On or near Snow Lane | |
| Jan 2024 | Anti-social behaviour | On or near Snow Lane |