£427,384
This estimated value is based upon the latest sale price for the house of £336,500 on 25 Aug 2017. 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 |
|---|---|
| £336,500 | 25 Aug 2017 |
| £140,000 | 30 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 629 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 August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £336,500 results in an estimated price of approximately £427,384.
| 25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £336,500 | £90,884 | £427,384 |
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 | 38.768 % | £130,455 | £466,955 |
| 3 Month Average | -3.339 % | £-11,236 | £325,263 |
| 6 Month Average | 5.773 % | £19,425 | £355,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £428,751 | £425,000 | 17 WETHERFIELD |
| 14 Dec 2021 | £439,265 | £410,000 | 52 BENTFIELD GARDENS |
| 31 Aug 2021 | £1,310,848 | £1,175,000 | 2 BENTFIELD CAUSEWAY |
| 26 Feb 2021 | £408,678 | £360,000 | 30 BENTFIELD CAUSEWAY |
| 18 Dec 2020 | £918,171 | £800,000 | 16 BENTFIELD GREEN |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 16 Oct 2008. Using an estimated price of £427,385 means this house is valued at £7,305 per sq meter (£678 per sq foot).
The average size of a house on BENTFIELD ROAD is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wetherfield |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bentfield Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Loates Pasture |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Loates Pasture |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Loates Pasture |