£1,044,439
This estimated value is based upon the latest sale price for the house of £561,194 on 29 Apr 2005. 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 |
|---|---|
| £561,194 | 29 Apr 2005 |
| 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 April 2005 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £561,194 results in an estimated price of approximately £1,044,439.
| 29 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £561,194 | £483,245 | £1,044,439 |
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 | 86.388 % | £484,801 | £1,045,995 |
| 3 Month Average | 142.430 % | £799,309 | £1,360,503 |
| 6 Month Average | 95.500 % | £535,939 | £1,097,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £423,707 | £420,000 | VICARA MONK STREET |
| 24 Feb 2023 | £329,778 | £330,000 | PEGGYS COTTAGE PARK STREET |
| 29 Nov 2022 | £1,235,040 | £1,250,000 | ROSEWOOD HOUSE CUTLERS GREEN |
| 31 May 2022 | £580,437 | £569,500 | HIGH VIEW FOLLY MILL LANE |
| 31 Mar 2022 | £518,131 | £500,000 | 2 THE MALTINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Folly Mill Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Folly Mill Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Folly Mill Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mayes Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mayes Place |