£459,368
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Jun 2021. 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 |
---|---|
£425,000 | 30 Jun 2021 |
£405,000 | 29 Jun 2018 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £425,000 results in an estimated price of approximately £459,368.
30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £425,000 | £34,368 | £459,368 |
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 | 6.301 % | £26,780 | £451,780 |
3 Month Average | 10.548 % | £44,830 | £469,830 |
6 Month Average | 5.737 % | £24,383 | £449,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £182,137 | £178,000 | 5 OLD COURT HOUSE CHAPEL HILL |
2 Oct 2023 | £547,433 | £535,000 | 30 CAMBRIDGE ROAD |
27 Mar 2023 | £1,322,079 | £1,300,000 | HIGH CLOUDS, 3 ST JOHNS LANE |
8 Apr 2022 | £202,297 | £195,000 | 3 OLD COURT HOUSE CHAPEL HILL |
28 Jan 2022 | £1,113,208 | £1,050,000 | 3 GREENFIELDS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 19 Feb 2018. Using an estimated price of £459,368 means this house is valued at £5,161 per sq meter (£479 per sq foot).
The average size of a house on KINGSWOOD CLOSE is 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clarence Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Clarence Road |
Jun 2024 | Anti-social behaviour | On or near Clarence Road | |
Jun 2024 | Anti-social behaviour | On or near Clarence Road | |
Jun 2024 | Theft from the person | Under investigation | On or near B1383 |