£449,249
This estimated value is based upon the latest sale price for the house of £445,000 on 5 Jul 2023. 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 |
|---|---|
| £445,000 | 5 Jul 2023 |
| Leasehold |
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 July 2023 the House Price Index for ESSEX was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £445,000 results in an estimated price of approximately £449,249.
| 5 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £445,000 | £4,249 | £449,249 |
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 | -31.046 % | £-138,156 | £306,843 |
| 3 Month Average | 4.190 % | £18,644 | £463,644 |
| 6 Month Average | 2.921 % | £12,996 | £457,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £449,250 | £445,000 | 6 RIVERSIDE BUSINESS PARK |
| 28 Apr 2023 | £392,920 | £390,000 | IVY COTTAGE STONEY COMMON |
| 27 Jul 2022 | £331,552 | £332,000 | 33 WEST ROAD |
| 25 Feb 2022 | £438,673 | £420,000 | 1 BROOK COTTAGES |
| 5 Nov 2021 | £199,272 | £185,000 | 5 STONEY COMMON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near West Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Old Bell Close |
| Feb 2024 | Other crime | Under investigation | On or near Old Bell Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spinney |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoney Common |