£617,438
This estimated value is based upon the latest sale price for the house of £520,000 on 3 Sep 2020. 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 |
---|---|
£520,000 | 3 Sep 2020 |
£480,000 | 9 May 2018 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £520,000 results in an estimated price of approximately £617,438.
3 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £520,000 | £97,438 | £617,438 |
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 | -30.424 % | £-158,204 | £361,795 |
3 Month Average | 15.631 % | £81,279 | £601,279 |
6 Month Average | 16.080 % | £83,616 | £603,616 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £704,001 | £695,000 | 13 WOODLANDS WALK |
25 Jul 2022 | £422,312 | £421,175 | 25 SNOWBERRY ROAD |
10 Jun 2022 | £547,741 | £540,000 | 3 WOODLANDS WALK |
8 Jun 2022 | £608,601 | £600,000 | 24 WOODLANDS WALK |
13 May 2022 | £407,682 | £400,000 | 10 SNOWBERRY ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 6 Oct 2017. Using an estimated price of £617,438 means this house is valued at £4,713 per sq meter (£437 per sq foot).
The average size of a house on WOODLANDS WALK is 161 sq meters (1,741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Snowberry Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowberry Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowberry Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cypress Court |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holm Drive |