£454,130
This estimated value is based upon the latest sale price for the house of £375,000 on 22 Jun 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 |
|---|---|
| £375,000 | 22 Jun 2020 |
| £275,000 | 9 Sep 2014 |
| £249,995 | 26 Jul 2007 |
| £225,000 | 10 Nov 2006 |
| £146,000 | 17 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £375,000 results in an estimated price of approximately £454,130.
| 22 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £375,000 | £79,130 | £454,130 |
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 | 35.305 % | £132,392 | £507,392 |
| 3 Month Average | -11.461 % | £-42,980 | £332,019 |
| 6 Month Average | 10.524 % | £39,465 | £414,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £451,071 | £445,000 | 6 RIVERSIDE BUSINESS PARK |
| 28 Apr 2023 | £394,245 | £390,000 | IVY COTTAGE STONEY COMMON |
| 27 Jul 2022 | £332,896 | £332,000 | 33 WEST ROAD |
| 25 Feb 2022 | £440,452 | £420,000 | 1 BROOK COTTAGES |
| 5 Nov 2021 | £200,080 | £185,000 | 5 STONEY COMMON |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 Feb 2014. Using an estimated price of £454,131 means this house is valued at £5,280 per sq meter (£490 per sq foot).
The average size of a house on WEST ROAD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near West Road |
| Feb 2024 | Other crime | Under investigation | On or near Old Bell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stoney Common |
| Feb 2024 | Public order | Awaiting court outcome | On or near Wilkins Crescent |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wilkins Crescent |