£512,993
This estimated value is based upon the latest sale price for the house of £382,000 on 18 May 2016. 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 |
|---|---|
| £382,000 | 18 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £382,000 results in an estimated price of approximately £512,993.
| 18 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £382,000 | £130,993 | £512,993 |
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 | 4.195 % | £16,023 | £398,023 |
| 3 Month Average | 6.607 % | £25,236 | £407,236 |
| 6 Month Average | 33.783 % | £129,050 | £511,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £463,868 | £457,000 | 7 BOWES DRIVE |
| 29 Sep 2023 | £435,569 | £430,000 | 37 BOWES DRIVE |
| 21 Apr 2023 | £454,898 | £450,000 | 26 BOWES DRIVE |
| 2 Sep 2022 | £436,475 | £440,000 | 7 VICTORIA ROAD |
| 27 Jul 2022 | £626,687 | £625,000 | 1 GREAT LAWN |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Feb 2016. Using an estimated price of £512,994 means this house is valued at £6,839 per sq meter (£635 per sq foot).
The average size of a house on BARRONS CLOSE is 112 sq meters (1,206 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Approach |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Great Lawn |
| Mar 2024 | Anti-social behaviour | On or near Bansons Way | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bansons Way |