£703,998
This estimated value is based upon the latest sale price for the house of £560,000 on 20 Dec 2017. 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 |
|---|---|
| £560,000 | 20 Dec 2017 |
| £449,500 | 26 Jun 2015 |
| 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £560,000 results in an estimated price of approximately £703,998.
| 20 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £560,000 | £143,998 | £703,998 |
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 | 148.992 % | £834,356 | £1,394,356 |
| 3 Month Average | 27.703 % | £155,135 | £715,135 |
| 6 Month Average | 18.563 % | £103,954 | £663,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £258,832 | £255,000 | 15 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 22 Nov 2023 | £253,757 | £250,000 | 20 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 20 Nov 2023 | £223,306 | £220,000 | 60 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 25 Aug 2023 | £237,074 | £235,000 | 43 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 21 Jul 2023 | £288,888 | £285,000 | 2 WEIGHBRIDGE COURT, 301 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bansons Yard |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |