£457,976
This estimated value is based upon the latest sale price for the house of £425,000 on 27 Sep 2021. 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 |
---|---|
£425,000 | 27 Sep 2021 |
£250,000 | 29 Aug 2013 |
£230,000 | 26 Jun 2009 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £425,000 results in an estimated price of approximately £457,976.
27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £425,000 | £32,976 | £457,976 |
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 | 12.261 % | £52,109 | £477,109 |
3 Month Average | 17.158 % | £72,922 | £497,922 |
6 Month Average | 12.470 % | £52,995 | £477,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £418,663 | £415,000 | 39 HOLLY CLOSE |
18 Aug 2023 | £368,221 | £365,000 | 18 ROWAN WAY |
4 Aug 2023 | £590,163 | £585,000 | 15 HOLLY CLOSE |
5 Oct 2022 | £108,828 | £110,000 | 4 CONIFER WAY |
25 Aug 2022 | £408,899 | £410,000 | 17 WILLOW ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Jul 2021. Using an estimated price of £457,977 means this house is valued at £5,264 per sq meter (£489 per sq foot).
The average size of a house on ROWAN WAY is 88 sq meters (952 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rowan Way |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Rowan Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Conifer Way |
Feb 2024 | Anti-social behaviour | On or near Conifer Way | |
Feb 2024 | Anti-social behaviour | On or near Conifer Way |