£608,395
This estimated value is based upon the latest sale price for the house of £407,000 on 29 Apr 2015. 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 |
|---|---|
| £407,000 | 29 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 April 2015 the House Price Index for ESSEX was 67.7.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 49.483%.Applying this 49.483% change to the original purchase price of £407,000 results in an estimated price of approximately £608,395.
| 29 Apr 2015 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.7 | 101.2 | 49.483 % | £407,000 | £201,395 | £608,395 |
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 | 23.049 % | £93,808 | £500,808 |
| 3 Month Average | 21.079 % | £85,792 | £492,792 |
| 6 Month Average | 39.383 % | £160,289 | £567,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £181,978 | £180,000 | FLAT 11 CASTLE WALK LOWER STREET |
| 24 Nov 2023 | £842,469 | £812,500 | 27 PARK ROAD |
| 1 Nov 2023 | £487,336 | £470,000 | 1 MOUNTFITCHET ROAD |
| 15 Jun 2023 | £184,934 | £180,000 | FLAT 3 CASTLE WALK LOWER STREET |
| 30 Jan 2023 | £401,764 | £397,000 | 16 CHURCHFIELDS |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 16 Nov 2012. Using an estimated price of £608,396 means this house is valued at £5,384 per sq meter (£500 per sq foot).
The average size of a house on PARK ROAD is 162 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Robbery | On or near Stansted Mountfitchet (Station) |