£434,296
This estimated value is based upon the latest sale price for the house of £255,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Coles Close
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High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £255,000 | 17 Aug 2012 |
| £185,000 | 30 May 2002 |
| Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 August 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £255,000 results in an estimated price of approximately £434,296.
| 17 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £255,000 | £179,296 | £434,296 |
The Postcode Pricing Model uses changes in average sales price within the CM5 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 | 48.265 % | £123,074 | £378,074 |
| 3 Month Average | 38.297 % | £97,658 | £352,658 |
| 6 Month Average | 66.443 % | £169,430 | £424,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £154,284 | £152,000 | 14 ABIGAIL COURT |
| 7 Jul 2023 | £375,048 | £370,000 | 115 QUEENSWAY |
| 30 Mar 2023 | £136,284 | £135,000 | 3 ABIGAIL COURT |
| 28 Feb 2023 | £484,674 | £485,000 | 3 MORETON ROAD |
| 24 Feb 2023 | £152,397 | £152,500 | 4 ABIGAIL COURT |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 18 Sep 2014. Using an estimated price of £434,297 means this house is valued at £8,685 per sq meter (£806 per sq foot).
The average size of a house on MORETON ROAD is 115 sq meters (1,243 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coles Close |
| Mar 2024 | Burglary | Under investigation | On or near Coles Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coles Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Coles Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clare Mews |