£352,421
This estimated value is based upon the latest sale price for the house of £223,500 on 27 Jan 2014. 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 Fairbank Close
More crime details
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High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £223,500 | 27 Jan 2014 |
| £64,500 | 30 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 January 2014 the House Price Index for ESSEX was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £223,500 results in an estimated price of approximately £352,421.
| 27 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 146.7 | 57.683 % | £223,500 | £128,921 | £352,421 |
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 | 42.519 % | £95,030 | £318,530 |
| 3 Month Average | 41.071 % | £91,793 | £315,293 |
| 6 Month Average | 53.947 % | £120,571 | £344,071 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 25 Sep 2013.
The average size of a house on FAIRBANK CLOSE is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Fairbank Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairbank Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairbank Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Millbank Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Road |