£821,664
This estimated value is based upon the latest sale price for the house of £762,500 on 10 Sep 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 |
|---|---|
| £762,500 | 10 Sep 2021 |
| £454,000 | 10 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 239 sq meters or 2,572 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £762,500 results in an estimated price of approximately £821,664.
| 10 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £762,500 | £59,164 | £821,664 |
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 | -2.374 % | £-18,099 | £744,400 |
| 3 Month Average | -5.998 % | £-45,737 | £716,762 |
| 6 Month Average | 5.850 % | £44,606 | £807,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £501,411 | £495,000 | 32 HAMPTON ROAD |
| 17 Feb 2023 | £499,664 | £500,000 | 4 DOCKERELL ROAD |
| 28 Jul 2022 | £466,255 | £465,000 | 2 GREY CLOSE |
| 15 Feb 2022 | £419,478 | £400,000 | 5 MILLER CLOSE |
| 4 Feb 2022 | £550,565 | £525,000 | 19 HAMPTON ROAD |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 24 Jun 2019. Using an estimated price of £821,664 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on HAMPTON ROAD is 135 sq meters (1,459 sq feet).
This house is the largest in the street with a floor area of 239 sq meters (2,572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Miller Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dockerell Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dockerell Road |
| Mar 2024 | Public order | Under investigation | On or near Dockerell Road |
| Jan 2024 | Anti-social behaviour | On or near Dockerell Road |