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Great Dunmow House Prices Great Dunmow House Prices

The average house price in Great Dunmow is £534,166 using HM Land Registry data.

The average property price increased by £71,267 (18.23%) over the last 5 years and increased by £14,244 (3.18%) over the last 12 months.

Over the last year, there were 118 residential property sales – a decrease of 121 transactions (-102.54%) relative to the previous year. The majority of house sales (25) were in the £170,000 - £270,000 range. Then came properties in the £370,000 - £470,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 44 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,651 (-3%).

In April 2024, there were 51 new estate agency instructions, 18 agreed home sales and 19 property price reductions.

Postcodes Covered: CM6

5-Year Average Property Prices in Great Dunmow

18.23%

Property prices in Great Dunmow increased by 18.23% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Great Dunmow Over the Last Year

3.18%

Property prices in Great Dunmow increased by 3.18% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Great Dunmow - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Great Dunmow

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Great Dunmow

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Great Dunmow

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Great Dunmow since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Great Dunmow area since 1995.

Recent Property Sales in Great Dunmow

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Pine Avenue, Dunmow, Essex, CM6 1WJ£375,000£375,000£0024 Jan 202421 Mar 202457 Days
1 Warder Close, Dunmow, Essex, CM6 3TT£450,000£450,000£0013 Sep 202315 Dec 202393 Days
6 Laurel Drive, Dunmow, Essex, CM6 1WP£400,000£390,000-£10,00027 Apr 202315 Dec 2023232 Days
23 Windmill Close, Dunmow, Essex, CM6 3AX£450,000£450,000£0002 Oct 202308 Dec 202367 Days
15 Emblems, Dunmow, Essex, CM6 2AG£475,000£465,000-£10,00010 Aug 202304 Dec 2023116 Days
5 Normansfield, Dunmow, Essex, CM6 1XA£500,000£500,000£0003 Nov 202324 Nov 202321 Days
98 St Edmunds Fields, Dunmow, Essex, CM6 2AN£375,000£355,000-£20,00026 Jun 202316 Nov 2023143 Days
Flat 51, Granary Court, Haslers Lane, Dunmow, Essex, CM6 1BW£159,950£156,000-£3,95029 Mar 202310 Nov 2023226 Days
56 Woodview Road, Dunmow, Essex, CM6 1BU£550,000£540,000-£10,00021 Jul 202307 Nov 2023109 Days
19 Riverside, Dunmow, Essex, CM6 3AR£575,000£565,000-£10,00001 Dec 202231 Oct 2023334 Days
Flat 69, Granary Court, Haslers Lane, Dunmow, Essex, CM6 1BW£150,000£146,000-£4,00029 Nov 202231 Oct 2023336 Days
41 Godfrey Way, Dunmow, Essex, CM6 2AY£550,000£545,000-£5,00028 Nov 202231 Oct 2023337 Days
21 Ash Grove, Dunmow, Essex, CM6 1QY£335,000£335,000£0002 Jun 202323 Oct 2023143 Days
35 Harris Green, Dunmow, Essex, CM6 1FP£325,000£315,000-£10,00013 Mar 202312 Oct 2023213 Days
4 Laburnum Road, Dunmow, Essex, CM6 1GN£325,000£315,000-£10,00014 Jun 202331 Aug 202378 Days
18 Rowan Way, Dunmow, Essex, CM6 1PW£380,000£365,000-£15,00030 Jan 202318 Aug 2023200 Days
22 The Poplars, Dunmow, Essex, CM6 2JA£500,000£475,000-£25,00015 Apr 202311 Aug 2023118 Days
Sunnydene, Braintree Road, Dunmow, Essex, CM6 1HT£650,000£650,000£0008 Mar 202311 Aug 2023156 Days
20 The Mead, Dunmow, Essex, CM6 2PD£525,000£510,000-£15,00013 Apr 202319 Jul 202397 Days
28 Godfrey Way, Dunmow, Essex, CM6 2AY£540,000£535,000-£5,00016 Feb 202311 Jul 2023145 Days

Most Expensive Streets in Great Dunmow

PostcodeStreetAreaAverageNo. of Sales
CM6 3UFTower View DriveDunmow£1,386,6663
CM6 3ARRiversideDunmow£838,3333
CM6 2GEBowyers RoadDunmow£813,00012
CM6 1SGStortford RoadDunmow£753,3333
CM6 1HTBraintree RoadDunmow£714,0005
CM6 1LNBarnetson PlaceDunmow£713,3336
CM6 2AEChurch StreetDunmow£710,8333
CM6 4ASHedgerow GroveDunmow£689,7147
CM6 2AWBeaumont HillDunmow£680,0004
CM6 1UQSouth ViewDunmow£671,6663

Least Expensive Streets in Great Dunmow

PostcodeStreetAreaAverageNo. of Sales
CM6 1XBConifer WayDunmow£103,7503
CM6 1HRCroft CourtDunmow£131,92916
CM6 1BWGranary CourtHaslers Lane£151,40015
CM6 1BNGranary CourtHaslers Lane£158,4378
CM6 1EZChelmsford HouseChelmsford Road£171,95010
CM6 1HBFitzwalter PlaceDunmow£183,59316
CM6 1BDSpire HouseWhite Street, Dunmow£192,1666
CM6 1AWHigh StreetDunmow£194,1663
CM6 1FSWhite Hart WayDunmow£195,9378
CM6 1XEBuckingham CourtDunmow£200,23013

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