£494,455
This estimated value is based upon the latest sale price for the house of £400,000 on 7 May 2019. 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 |
|---|---|
| £400,000 | 7 May 2019 |
| 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £400,000 results in an estimated price of approximately £494,455.
| 7 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £400,000 | £94,455 | £494,455 |
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 | 14.452 % | £57,808 | £457,808 |
| 3 Month Average | 37.856 % | £151,425 | £551,425 |
| 6 Month Average | 18.870 % | £75,481 | £475,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £161,962 | £160,000 | 1 TOWN STREET |
| 26 Aug 2022 | £199,463 | £200,000 | 12 ORCHARD CLOSE |
| 10 Dec 2021 | £353,554 | £330,000 | 10 WATLING STREET |
| 8 Oct 2021 | £315,346 | £285,000 | 1 STONEY LANE |
| 30 Sep 2021 | £355,606 | £330,000 | 28 TOWN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Town Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoney Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stoney Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1051 |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near B1051 |