£676,398
This estimated value is based upon the latest sale price for the house of £670,000 on 31 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 |
|---|---|
| £670,000 | 31 Jul 2023 |
| 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 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 £670,000 results in an estimated price of approximately £676,398.
| 31 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £670,000 | £6,398 | £676,398 |
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 % | £-208,010 | £461,989 |
| 3 Month Average | 4.190 % | £28,070 | £698,070 |
| 6 Month Average | 2.921 % | £19,568 | £689,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £448,761 | £443,000 | 2 PALMER CLOSE |
| 29 Aug 2023 | £784,772 | £780,000 | 13 PEACHEY WALK |
| 31 Jul 2023 | £676,398 | £670,000 | UNIT 4 M11 BUSINESS LINK PARSONAGE LANE |
| 13 Jul 2023 | £446,726 | £442,500 | 1 PEACHEY WALK |
| 30 Jun 2023 | £520,218 | £516,000 | 82 WALSON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parsonage Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parsonage Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Forest Hall Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Livings Way |
| Mar 2024 | Anti-social behaviour | On or near Walson Way |