£1,638,152
This estimated value is based upon the latest sale price for the house of £460,000 on 4 Jan 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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134 High Street, Ongar, CM5 9JH
Phone: 01277298667
| Price Paid | Date |
|---|---|
| £460,000 | 4 Jan 2001 |
| Detached |
| 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 January 2001 the House Price Index for ESSEX was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £460,000 results in an estimated price of approximately £1,638,152.
| 4 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £460,000 | £1,178,152 | £1,638,152 |
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 | 52.947 % | £243,556 | £703,556 |
| 3 Month Average | 85.137 % | £391,631 | £851,631 |
| 6 Month Average | 153.561 % | £706,380 | £1,166,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £503,815 | £495,000 | 22 CLOVERLY ROAD |
| 17 Nov 2023 | £984,577 | £970,000 | SANDON HOUSE, 2 SANDON PLACE |
| 15 Sep 2023 | £397,077 | £392,000 | 21 CLOVERLY ROAD |
| 23 Jun 2023 | £387,696 | £383,000 | 19 CLOVERLY ROAD |
| 8 Jun 2023 | £840,177 | £830,000 | FERMOY BRENTWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brentwood Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Sycamores |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Sycamores |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandon Place |
| Mar 2024 | Drugs | Local resolution | On or near Sandon Place |