£1,475,597
This estimated value is based upon the latest sale price for the house of £495,000 on 1 Mar 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
8 Cambridge Road, Stansted, CM24 8BZ
Phone: 01279246659
| Price Paid | Date |
|---|---|
| £495,000 | 1 Mar 2002 |
| £250,000 | 19 Jul 1999 |
| 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 March 2002 the House Price Index for ESSEX was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £495,000 results in an estimated price of approximately £1,475,597.
| 1 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £495,000 | £980,597 | £1,475,597 |
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 | 81.987 % | £405,833 | £900,833 |
| 3 Month Average | 99.075 % | £490,423 | £985,423 |
| 6 Month Average | 124.800 % | £617,759 | £1,112,759 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Pound Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pound Lane |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Pound Lane |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Lankester Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Mead Road |