£1,039,300
This estimated value is based upon the latest sale price for the house of £1,040,000 on 22 Feb 2023. 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 |
|---|---|
| £1,040,000 | 22 Feb 2023 |
| £915,000 | 17 Dec 2020 |
| £965,000 | 14 Apr 2016 |
| 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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £1,040,000 results in an estimated price of approximately £1,039,300.
| 22 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £1,040,000 | £-699 | £1,039,300 |
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 | 12.550 % | £130,522 | £1,170,522 |
| 3 Month Average | 26.193 % | £272,403 | £1,312,403 |
| 6 Month Average | 12.347 % | £128,410 | £1,168,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £310,133 | £307,420 | 57 HOLLOWAY CRESCENT |
| 22 Feb 2023 | £1,039,301 | £1,040,000 | TURNER HOUSE OLD MILL CLOSE |
| 30 Nov 2022 | £383,356 | £388,000 | 2 MOTTS COTTAGE DUNMOW ROAD |
| 5 Aug 2022 | £962,409 | £965,000 | SEYMOUR HOUSE OLD MILL CLOSE |
| 29 Jul 2022 | £726,957 | £725,000 | CUT ELMS FARMHOUSE KEERES GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Old Mill Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Long Hide |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Long Hide |
| Apr 2024 | Public order | Under investigation | On or near Wood Lane |
| Mar 2024 | Other theft | Under investigation | On or near Wood Lane |