£482,900
This estimated value is based upon the latest sale price for the house of £475,000 on 26 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £475,000 | 26 Apr 2022 |
| £434,950 | 28 Feb 2020 |
| £231,000 | 30 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £475,000 results in an estimated price of approximately £482,900.
| 26 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £475,000 | £7,900 | £482,900 |
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 | -21.818 % | £-103,636 | £371,363 |
| 3 Month Average | -13.183 % | £-62,620 | £412,379 |
| 6 Month Average | -3.017 % | £-14,330 | £460,669 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Dec 2019.
The average size of a house on THE GABLES is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near The Gables |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Gables |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Gables |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near The Gables |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clare Mews |