£1,048,368
This estimated value is based upon the latest sale price for the house of £850,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Village, Braintree Road, Felsted, Dunmow, CM6 3DJ
Phone: 01371829082
| Price Paid | Date |
|---|---|
| £850,000 | 12 Jul 2019 |
| Detached |
| 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 July 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £850,000 results in an estimated price of approximately £1,048,368.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £850,000 | £198,368 | £1,048,368 |
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 | 54.069 % | £459,587 | £1,309,587 |
| 3 Month Average | 58.670 % | £498,691 | £1,348,691 |
| 6 Month Average | 20.851 % | £177,234 | £1,027,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £198,473 | £195,000 | 15 CHESTNUT WALK |
| 9 Nov 2023 | £964,276 | £950,000 | STUBBINGS BRAINTREE ROAD |
| 29 Aug 2023 | £675,913 | £670,000 | 5 ALDERTON CLOSE |
| 10 Aug 2023 | £1,324,084 | £1,312,500 | THE FAIRVIEWS BRAINTREE ROAD |
| 24 May 2022 | £356,722 | £350,000 | 2 CHESTNUT WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alderton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chaffix Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Braintree Road |
| Mar 2024 | Burglary | Under investigation | On or near Braintree Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Jollyboys Lane North |