£578,458
This estimated value is based upon the latest sale price for the house of £475,000 on 5 Dec 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Wells Court
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The Chestnut, 4 Stortford Road, Great Dunmow, CM6 1DA
Phone: 01371829035
| Price Paid | Date |
|---|---|
| £475,000 | 5 Dec 2018 |
| £320,000 | 5 Dec 2008 |
| £252,000 | 7 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £475,000 results in an estimated price of approximately £578,458.
| 5 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £475,000 | £103,458 | £578,458 |
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 | 19.424 % | £92,262 | £567,262 |
| 3 Month Average | 32.706 % | £155,352 | £630,352 |
| 6 Month Average | 14.114 % | £67,039 | £542,039 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 23 Oct 2018.
The average size of a house on GODFREY WAY is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Wells Court |
| Mar 2024 | Anti-social behaviour | On or near Wells Court | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wells Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wells Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wells Court |