£622,560
This estimated value is based upon the latest sale price for the house of £345,000 on 27 Nov 2008. 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 |
|---|---|
| £345,000 | 27 Nov 2008 |
| £320,000 | 1 Aug 2003 |
| 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 November 2008 the House Price Index for ESSEX was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £345,000 results in an estimated price of approximately £622,560.
| 27 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.452 % | £345,000 | £277,560 | £622,560 |
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 | -15.408 % | £-53,156 | £291,843 |
| 3 Month Average | 12.923 % | £44,585 | £389,585 |
| 6 Month Average | 35.778 % | £123,435 | £468,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £419,528 | £410,000 | 3 GILBEY COTTAGES |
| 12 Sep 2023 | £1,175,922 | £1,150,000 | TURNER HOUSE STATION ROAD |
| 1 Jun 2023 | £528,593 | £518,000 | 3 AYLETT CLOSE |
| 26 May 2022 | £462,037 | £450,000 | 11 MILL CLOSE |
| 16 Feb 2022 | £422,583 | £400,000 | 4 PALMER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leigh Drive |
| Oct 2024 | Public order | Under investigation | On or near Fourways |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourways |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourways |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Saunders Close |