£1,083,164
This estimated value is based upon the latest sale price for the house of £624,995 on 29 Jun 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Chestnut, 4 Stortford Road, Great Dunmow, CM6 1DA
Phone: 01371829035
| Price Paid | Date |
|---|---|
| £624,995 | 29 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,352 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 June 2011 the House Price Index for ESSEX was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £624,995 results in an estimated price of approximately £1,083,164.
| 29 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £624,995 | £458,169 | £1,083,164 |
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 | 33.636 % | £210,222 | £835,217 |
| 3 Month Average | 68.911 % | £430,693 | £1,055,688 |
| 6 Month Average | 72.074 % | £450,457 | £1,075,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £350,184 | £345,000 | 18 THE DOWNS |
| 14 Sep 2023 | £222,849 | £220,000 | 27 THE DOWNS |
| 14 Jul 2023 | £225,535 | £222,500 | 130 GODFREY WAY |
| 13 Jul 2023 | £714,618 | £705,000 | GREEN CORNER THE DOWNS |
| 24 Mar 2023 | £600,659 | £595,000 | 10 BARLEY LANE |
This house has a floor area of 218 sq meters or 2,352 sq feet when measured on 27 Jun 2011. Using an estimated price of £1,083,164 means this house is valued at £4,956 per sq meter (£460 per sq foot).
The average size of a house on BARLEY LANE is 137 sq meters (1,483 sq feet).
This house is the largest in the street with a floor area of 218 sq meters (2,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barley Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pondfield |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Coppice Close |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Downs Crescent |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Downs Crescent |