£439,106
This estimated value is based upon the latest sale price for the house of £331,500 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
The Chestnut, 4 Stortford Road, Great Dunmow, CM6 1DA
Phone: 01371829035
| Price Paid | Date |
|---|---|
| £331,500 | 28 Oct 2016 |
| £235,000 | 22 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,186 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £331,500 results in an estimated price of approximately £439,106.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £331,500 | £107,606 | £439,106 |
The Postcode Pricing Model uses changes in average sales price within the CM6 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 | 47.522 % | £157,535 | £489,035 |
| 3 Month Average | 60.726 % | £201,308 | £532,808 |
| 6 Month Average | 31.744 % | £105,232 | £436,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £344,638 | £340,000 | 10 GODFREY WAY |
| 11 Jul 2023 | £542,299 | £535,000 | 28 GODFREY WAY |
| 31 Mar 2023 | £242,283 | £240,000 | 57 THE CAUSEWAY |
| 2 Feb 2023 | £249,832 | £250,000 | 148 GODFREY WAY |
| 8 Nov 2022 | £617,520 | £625,000 | 9 COPPICE CLOSE |
This house has a floor area of 110 sq meters or 1,186 sq feet when measured on 8 Nov 2011. Using an estimated price of £439,107 means this house is valued at £3,982 per sq meter (£370 per sq foot).
The average size of a house on MELLISH GROVE is 120 sq meters (1,299 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Coppice Close |
| Jan 2024 | Burglary | Under investigation | On or near Berbice Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Godfrey Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pondfield |