£320,294
This estimated value is based upon the latest sale price for the house of £230,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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27/31 High Street, Great Dunmow, CM6 1AB
Phone: 01371395699
| Price Paid | Date |
|---|---|
| £230,000 | 6 Nov 2015 |
| £164,000 | 14 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £230,000 results in an estimated price of approximately £320,294.
| 6 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £230,000 | £90,294 | £320,294 |
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 | 19.432 % | £44,694 | £274,694 |
| 3 Month Average | 44.423 % | £102,173 | £332,173 |
| 6 Month Average | 36.539 % | £84,039 | £314,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £393,323 | £387,500 | MAPLE COTTAGE MILL LANE |
| 21 Jul 2023 | £380,116 | £375,000 | 14 HIGH STREET |
| 8 Jun 2023 | £205,489 | £203,000 | 16 MILL LANE |
| 13 Mar 2023 | £317,996 | £315,000 | 5 MILL LANE |
| 10 Mar 2023 | £142,341 | £141,000 | 7 KNIGHTS WAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 27 Jun 2012. Using an estimated price of £320,294 means this house is valued at £4,511 per sq meter (£419 per sq foot).
The average size of a house on MILL LANE is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mill Lane | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Lane |
| Feb 2024 | Anti-social behaviour | On or near Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Mill Lane |