£510,734
This estimated value is based upon the latest sale price for the house of £360,000 on 4 Sep 2015. 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 |
|---|---|
| £360,000 | 4 Sep 2015 |
| £229,950 | 10 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 922 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 September 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £360,000 results in an estimated price of approximately £510,734.
| 4 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £360,000 | £150,734 | £510,734 |
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 | 0.728 % | £2,620 | £362,620 |
| 3 Month Average | -0.421 % | £-1,515 | £358,484 |
| 6 Month Average | 35.464 % | £127,671 | £487,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £418,191 | £412,000 | 13 TURNERS CLOSE |
| 17 Aug 2023 | £244,640 | £242,500 | 5 RODNEY ROAD |
| 7 Jul 2023 | £405,457 | £400,000 | 4 RODNEY ROAD |
| 10 Mar 2023 | £363,424 | £360,000 | 26 RODNEY ROAD |
| 1 Feb 2023 | £349,765 | £350,000 | 16 GLEBE ROAD |
This house has a floor area of 85 sq meters or 922 sq feet when measured on 17 Jan 2012. Using an estimated price of £510,734 means this house is valued at £5,957 per sq meter (£553 per sq foot).
The average size of a house on RODNEY ROAD is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Road |
| Dec 2023 | Burglary | Under investigation | On or near Fairfield Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Millbank Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairbank Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Fairbank Close |