£577,453
This estimated value is based upon the latest sale price for the house of £430,000 on 4 May 2016. 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 |
---|---|
£430,000 | 4 May 2016 |
£325,000 | 22 Feb 2013 |
Terraced |
Freehold |
Floor Area: 140 sq meters or 1,506 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £430,000 results in an estimated price of approximately £577,453.
4 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £430,000 | £147,453 | £577,453 |
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 | 12.698 % | £54,599 | £484,599 |
3 Month Average | 9.957 % | £42,815 | £472,815 |
6 Month Average | 23.762 % | £102,177 | £532,177 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £501,411 | £495,000 | 32 HAMPTON ROAD |
29 Aug 2023 | £786,884 | £780,000 | 13 PEACHEY WALK |
13 Jul 2023 | £448,537 | £442,500 | 1 PEACHEY WALK |
30 Jun 2023 | £522,327 | £516,000 | 82 WALSON WAY |
5 Aug 2022 | £513,617 | £515,000 | 16 WALSON WAY |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 23 Sep 2021. Using an estimated price of £577,454 means this house is valued at £4,124 per sq meter (£383 per sq foot).
The average size of a house on WALSON WAY is 127 sq meters (1,373 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Local resolution | On or near Walson Way |
Mar 2024 | Anti-social behaviour | On or near Walson Way | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarke Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sandford Road |
Jan 2024 | Anti-social behaviour | On or near Sandford Road |