£944,897
This estimated value is based upon the latest sale price for the house of £168,000 on 22 Feb 1995. 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 |
|---|---|
| £168,000 | 22 Feb 1995 |
| 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 February 1995 the House Price Index for ESSEX was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.439%.Applying this 462.439% change to the original purchase price of £168,000 results in an estimated price of approximately £944,897.
| 22 Feb 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.439 % | £168,000 | £776,897 | £944,897 |
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 | 535.721 % | £900,011 | £1,068,011 |
| 3 Month Average | 423.856 % | £712,077 | £880,077 |
| 6 Month Average | 460.389 % | £773,452 | £941,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £564,906 | £560,000 | 44 MILL ROAD |
| 7 Nov 2023 | £805,445 | £785,000 | THE COACH HOUSE OLD MEAD ROAD |
| 9 Aug 2023 | £712,857 | £700,000 | CHALET OLD MEAD ROAD |
| 27 Mar 2023 | £864,436 | £850,000 | BIRCH GROVE OLD MEAD ROAD |
| 17 Jan 2023 | £830,720 | £828,500 | THE BELL HOUSE OLD MEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Under investigation | On or near Mill Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vernon'S Close |
| Sep 2024 | Anti-social behaviour | On or near Old Mead Road | |
| Sep 2024 | Anti-social behaviour | On or near Old Mead Road | |
| Oct 2024 | Bicycle theft | On or near Elsenham (Station) |