£318,822
This estimated value is based upon the latest sale price for the house of £275,000 on 6 Nov 2020. 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 |
|---|---|
| £275,000 | 6 Nov 2020 |
| 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £275,000 results in an estimated price of approximately £318,822.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £275,000 | £43,822 | £318,822 |
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 | 6.826 % | £18,772 | £293,772 |
| 3 Month Average | 15.290 % | £42,047 | £317,047 |
| 6 Month Average | 22.635 % | £62,245 | £337,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £393,323 | £387,500 | MAPLE COTTAGE MILL LANE |
| 1 Aug 2023 | £242,118 | £240,000 | 7 HARMANS YARD |
| 21 Jul 2023 | £380,116 | £375,000 | 14 HIGH STREET |
| 13 Mar 2023 | £317,996 | £315,000 | 5 MILL LANE |
| 17 Feb 2023 | £180,878 | £181,000 | WILLETTS BARN, 6C HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Angel Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Angel Lane |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Angel Lane |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket |