£351,681
This estimated value is based upon the latest sale price for the house of £62,000 on 19 Jan 1996. 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 Clare Mews
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High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £62,000 | 19 Jan 1996 |
| Terraced |
| 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 1996 the House Price Index for ESSEX was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £62,000 results in an estimated price of approximately £351,681.
| 19 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 467.228 % | £62,000 | £289,681 | £351,681 |
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 | 389.526 % | £241,506 | £303,506 |
| 3 Month Average | 426.155 % | £264,216 | £326,216 |
| 6 Month Average | 524.916 % | £325,447 | £387,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £506,774 | £502,000 | 20 THE GABLES |
| 30 Nov 2022 | £475,243 | £481,000 | 17 THE GABLES |
| 30 Jun 2022 | £466,594 | £460,000 | 4 THE GABLES |
| 21 Jun 2022 | £633,959 | £625,000 | 68 THE GABLES |
| 26 Apr 2022 | £489,155 | £475,000 | 18 THE GABLES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clare Mews |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Clare Mews |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Mews |
| Dec 2023 | Drugs | Local resolution | On or near Clare Mews |
| Dec 2023 | Drugs | Local resolution | On or near Clare Mews |