£376,823
This estimated value is based upon the latest sale price for the house of £305,000 on 7 Jun 2019. 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 |
|---|---|
| £305,000 | 7 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £305,000 results in an estimated price of approximately £376,823.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £305,000 | £71,823 | £376,823 |
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 | -37.691 % | £-114,957 | £190,042 |
| 3 Month Average | -14.299 % | £-43,611 | £261,388 |
| 6 Month Average | -0.478 % | £-1,457 | £303,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £371,500 | £365,000 | 5 QUEENSWAY |
| 23 Nov 2023 | £279,133 | £275,000 | 26 ACRES AVENUE |
| 3 Nov 2023 | £365,410 | £360,000 | 11 SHORTLANDS AVENUE |
| 1 Sep 2023 | £314,015 | £310,000 | 13 QUEENSWAY |
| 18 Aug 2022 | £349,060 | £350,000 | 67 MORETON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 May 2018. Using an estimated price of £376,824 means this house is valued at £4,540 per sq meter (£421 per sq foot).
There is one other house on the street which we know the size of, this is 23 BROOKFIELDS it is 145.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookfields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moreton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moreton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acres Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shelley Close |