£1,290,074
This estimated value is based upon the latest sale price for the house of £980,000 on 5 Jan 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 |
---|---|
£980,000 | 5 Jan 2017 |
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 January 2017 the House Price Index for ESSEX was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £980,000 results in an estimated price of approximately £1,290,074.
5 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £980,000 | £310,074 | £1,290,074 |
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 | 26.236 % | £257,113 | £1,237,113 |
3 Month Average | 6.466 % | £63,370 | £1,043,370 |
6 Month Average | 9.363 % | £91,756 | £1,071,756 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £1,134,872 | £1,100,000 | MONTJOY THE STREET |
30 Nov 2023 | £454,025 | £442,500 | 1 PIPERS THE STREET |
9 Mar 2023 | £305,095 | £300,000 | 8 THE STREET |
16 Jun 2022 | £536,468 | £525,000 | RAYLEIGH COTTAGE THE STREET |
22 Apr 2022 | £855,873 | £825,000 | ALMA WORKS THE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Dunmow Road |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dunmow Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |