£735,806
This estimated value is based upon the latest sale price for the house of £599,950 on 28 Nov 2019. 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 |
|---|---|
| £599,950 | 28 Nov 2019 |
| £450,000 | 4 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £599,950 results in an estimated price of approximately £735,806.
| 28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £599,950 | £135,856 | £735,806 |
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 | 7.153 % | £42,914 | £642,864 |
| 3 Month Average | -14.121 % | £-84,720 | £515,229 |
| 6 Month Average | 7.551 % | £45,300 | £645,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £503,815 | £495,000 | 22 CLOVERLY ROAD |
| 18 Sep 2023 | £602,706 | £595,000 | 25 COOPERS HILL |
| 15 Sep 2023 | £397,077 | £392,000 | 21 CLOVERLY ROAD |
| 3 Jul 2023 | £242,007 | £238,750 | 73 COOPERS HILL |
| 23 Jun 2023 | £387,696 | £383,000 | 19 CLOVERLY ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 31 Jul 2019. Using an estimated price of £735,806 means this house is valued at £5,660 per sq meter (£525 per sq foot).
The average size of a house on THE ELMS is 171 sq meters (1,840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Elms |
| Mar 2024 | Burglary | Under investigation | On or near Long Fields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Fields |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Fields |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spinney |