£360,529
This estimated value is based upon the latest sale price for the house of £64,250 on 24 May 1996. 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 |
|---|---|
| £64,250 | 24 May 1996 |
| Terraced |
| 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 May 1996 the House Price Index for ESSEX was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £64,250 results in an estimated price of approximately £360,529.
| 24 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.136 % | £64,250 | £296,279 | £360,529 |
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 | 276.882 % | £177,896 | £242,146 |
| 3 Month Average | 276.983 % | £177,961 | £242,211 |
| 6 Month Average | 444.163 % | £285,374 | £349,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £418,191 | £412,000 | 13 TURNERS CLOSE |
| 29 Sep 2023 | £400,116 | £395,000 | 7 OAKLAND MEWS GREENSTEAD ROAD |
| 17 Aug 2023 | £244,640 | £242,500 | 5 RODNEY ROAD |
| 7 Jul 2023 | £405,457 | £400,000 | 4 RODNEY ROAD |
| 6 Apr 2023 | £379,082 | £375,000 | 18 KILNFIELD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 15 Aug 2016. Using an estimated price of £360,530 means this house is valued at £4,622 per sq meter (£429 per sq foot).
The average size of a house on TURNERS CLOSE is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jacksons Close |
| Dec 2023 | Burglary | Under investigation | On or near Fairfield Road |
| 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 |