£398,848
This estimated value is based upon the latest sale price for the house of £340,000 on 9 Oct 2020. 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 |
|---|---|
| £340,000 | 9 Oct 2020 |
| £205,000 | 15 May 2009 |
| £69,000 | 1 Sep 1996 |
| Semi-Detached |
| 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £340,000 results in an estimated price of approximately £398,848.
| 9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £340,000 | £58,848 | £398,848 |
The Postcode Pricing Model uses changes in average sales price within the CM15 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 | -26.267 % | £-89,309 | £250,690 |
| 3 Month Average | 1.867 % | £6,348 | £346,348 |
| 6 Month Average | -14.686 % | £-49,932 | £290,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £508,904 | £500,000 | 18 LUTHERS CLOSE |
| 2 Aug 2023 | £453,971 | £450,000 | 22 LUTHERS CLOSE |
| 25 Nov 2022 | £676,802 | £685,000 | 8 MILL LANE |
| 17 Aug 2022 | £648,255 | £650,000 | 21 LUTHERS CLOSE |
| 4 Aug 2022 | £438,819 | £440,000 | 24 ONGAR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ongar Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Luthers Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Luthers Close |
| Feb 2024 | Anti-social behaviour | On or near Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Mill Lane |