Dunmow

Area Guide For Dunmow

Extraordinary Dunmow is an old business town in the Uttlesford region of Essex, England. It is arranged on the north of the A120 street, roughly halfway between Bishop's Stortford and Braintree, 6 miles east of London Stansted Airport.

The second Halifax Rural Areas Quality of Life Survey positioned Uttlesford District as the fourth best place to live in the UK out of 114 country power territories overviewed (one in which the larger part of inhabitants live in towns or towns with populaces of under 10,0000.

 
 

Dunmow Map

Estimated Price: £419,535
Average Asking Price: £494,372
Price change in last one year: £42,740
Average Price Paid: £315,542
Average Rent Rates: £1,073

 
 

Property Prices Breakdown in Dunmow

Average Price for property in Dunmow is around £419,535 which varies based on type of property you are interested in and ranges from £549,377 for detached house to around £325,397 for semi-detached. Similarly terraced house is around £284,689 and a flat is worth £182,222. Values have been changing and have risen £7,386 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,592 in last 6 months, £42,740 in last 1 year, £60,191 in last 2 years, £59,345 in last 3 years, £58,925 in last 4 years and £60,463 in last 5 years.

Currently average asking price of a property in Dunmow is around £494,372 based on approximately 487 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,073 per month.

Estimated property value in Dunmow is £419,535. Average asking price is £494,372 while average price paid is £335,303 which is up by £42,740 and Avg. asking rent £1,073.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Dunmow area. In last 1 year alone average price buyer paid is around £335,303 based on approximately 487 sales in Dunmow area alone. If you compare it to last 3 years sales of 1,464 properties where buyers paid around £318,214. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £315,542 for 2,320 and average amount paid for purchase of approx. 3,184 properties sold in last 7 years comes to about £309,110 per sale.

 
 

Properties For Sale in Dunmow

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £120,000, £294,711 for a 2 bedroom house, £329,068 for a 3 bedroom house, £523,749 for a 4 bedroom house and £711,235 for a 5 bedroom house. For a flat similarly the prices varies from £107,500 for a single bedroom to £190,816 for a 2 bedroom Flat. To sum up the asking prices for properties in Dunmow it comes to around average £113,750 for 1 bedroom property, £260,079 for 2 bedroom, £329,068 for 3 bedroom, £523,749 for 4 bedroom and £711,235 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £459 for 1 bedroom to £1,111 for 2 bedrooms, £1,075 for 3 bedrooms, £1,799 for 4 bedrooms and £2,733 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750. You should be generally be expecting around average £466 rent per month for single bedroom property, £1,020 for 2 bedroom, £1,075 for 3 bedroom, £1,800 for 4 bedroom and approximately £2,733 for a 5 bedroom property in Dunmow area.

Popular Houses in Dunmow

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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