£485,607
This estimated value is based upon the latest sale price for the house of £420,000 on 8 Dec 2020. 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 |
|---|---|
| £420,000 | 8 Dec 2020 |
| £369,995 | 12 Feb 2016 |
| 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £420,000 results in an estimated price of approximately £485,607.
| 8 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £420,000 | £65,607 | £485,607 |
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 | 1.437 % | £6,035 | £426,035 |
| 3 Month Average | -15.401 % | £-64,686 | £355,313 |
| 6 Month Average | -4.214 % | £-17,699 | £402,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £463,115 | £456,000 | 17 CHURCH VIEW CLOSE |
| 20 Dec 2023 | £644,814 | £625,000 | 13 STANE ROAD |
| 18 Aug 2023 | £407,347 | £400,000 | 5 ORCHID CLOSE |
| 18 Aug 2023 | £636,480 | £625,000 | 11 HARRIS ROAD |
| 22 Jul 2022 | £393,947 | £390,000 | 7 CHURCH VIEW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pincey Mews |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Godfrey Crescent |
| Oct 2024 | Anti-social behaviour | On or near Stane Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Russell Francis Way |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Russell Francis Way |