£439,798
This estimated value is based upon the latest sale price for the house of £310,000 on 8 Sep 2015. 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 |
|---|---|
| £310,000 | 8 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £310,000 results in an estimated price of approximately £439,798.
| 8 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £310,000 | £129,798 | £439,798 |
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 | 33.534 % | £103,956 | £413,956 |
| 3 Month Average | 40.385 % | £125,193 | £435,193 |
| 6 Month Average | 45.487 % | £141,009 | £451,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £510,000 | £510,000 | 5 HIGH STILE |
| 7 Nov 2023 | £548,115 | £540,000 | 56 WOODVIEW ROAD |
| 21 Sep 2023 | £497,359 | £491,000 | 30 HIGHFIELDS |
| 18 Aug 2023 | £514,501 | £510,000 | 36 SPRINGFIELDS |
| 6 Apr 2023 | £434,680 | £430,000 | 34 HIGHFIELDS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 May 2015. Using an estimated price of £439,799 means this house is valued at £5,497 per sq meter (£510 per sq foot).
The average size of a house on WOODVIEW ROAD is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Springfields | |
| Feb 2024 | Anti-social behaviour | On or near Springfields | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South View |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kerridge Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kerridge Close |