£375,386
This estimated value is based upon the latest sale price for the house of £320,000 on 7 Oct 2020. 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 |
|---|---|
| £320,000 | 7 Oct 2020 |
| £212,000 | 29 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 875 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £320,000 results in an estimated price of approximately £375,386.
| 7 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £320,000 | £55,386 | £375,386 |
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 | -7.635 % | £-24,431 | £295,568 |
| 3 Month Average | -21.480 % | £-68,734 | £251,265 |
| 6 Month Average | -3.029 % | £-9,694 | £310,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £418,191 | £412,000 | 13 TURNERS CLOSE |
| 2 Nov 2023 | £619,167 | £610,000 | 3 THE SPINNEY |
| 29 Sep 2023 | £400,116 | £395,000 | 7 OAKLAND MEWS GREENSTEAD ROAD |
| 6 Apr 2023 | £379,082 | £375,000 | 18 KILNFIELD |
| 24 Feb 2023 | £551,629 | £552,000 | 22 GREEN WALK |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 11 Jun 2011. Using an estimated price of £375,387 means this house is valued at £4,612 per sq meter (£428 per sq foot).
The average size of a house on JACKSONS CLOSE is 83 sq meters (899 sq feet).
This house is the largest in the street with a floor area of 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jacksons Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spinney |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bushy Lea |
| Mar 2024 | Public order | Under investigation | On or near Bushy Lea |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Elms |