£732,368
This estimated value is based upon the latest sale price for the house of £440,000 on 25 Oct 2013. 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 |
|---|---|
| £440,000 | 25 Oct 2013 |
| £385,000 | 25 Nov 2005 |
| £210,000 | 18 Jul 2003 |
| Semi-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 October 2013 the House Price Index for ESSEX was 60.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 66.447%.Applying this 66.447% change to the original purchase price of £440,000 results in an estimated price of approximately £732,368.
| 25 Oct 2013 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.8 | 101.2 | 66.447 % | £440,000 | £292,368 | £732,368 |
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 | -15.433 % | £-67,907 | £372,092 |
| 3 Month Average | 37.334 % | £164,269 | £604,269 |
| 6 Month Average | 42.930 % | £188,890 | £628,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £404,186 | £395,000 | 51 LOWER STREET |
| 19 May 2023 | £588,276 | £572,000 | 19 ST JOHNS CRESCENT |
| 28 Apr 2023 | £241,197 | £235,000 | FLAT 4 NORTHFIELDS NORMANS WAY |
| 27 Mar 2023 | £1,332,928 | £1,300,000 | HIGH CLOUDS, 3 ST JOHNS LANE |
| 5 Dec 2022 | £872,762 | £865,000 | WESTWINDS NORMANS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other theft | Unable to prosecute suspect | On or near St John'S Road |
| Oct 2024 | Burglary | Under investigation | On or near Burnells Way |
| Dec 2024 | Anti-social behaviour | On or near Lower Street | |
| Dec 2024 | Vehicle crime | Under investigation | On or near Lower Street |
| Dec 2024 | Anti-social behaviour | On or near Lower Street |