£496,071
This estimated value is based upon the latest sale price for the house of £299,995 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £299,995 | 23 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2013 the House Price Index for ESSEX was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £299,995 results in an estimated price of approximately £496,071.
| 23 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £299,995 | £196,076 | £496,071 |
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 | 14.297 % | £42,889 | £342,884 |
| 3 Month Average | 9.149 % | £27,447 | £327,442 |
| 6 Month Average | 44.101 % | £132,300 | £432,295 |
| 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 |
| 20 Jul 2022 | £496,336 | £495,000 | 22 MARKS AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Nov 2013. Using an estimated price of £496,072 means this house is valued at £5,701 per sq meter (£529 per sq foot).
The average size of a house on BOWES DRIVE is 102 sq meters (1,100 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 |
| 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 |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Bansons Way |