£977,433
This estimated value is based upon the latest sale price for the house of £600,000 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Springfield Close
More crime details
Get our free house price tracker.
High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £600,000 | 23 Feb 2007 |
| 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 February 2007 the House Price Index for ESSEX was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £600,000 results in an estimated price of approximately £977,433.
| 23 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £600,000 | £377,433 | £977,433 |
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 | 33.617 % | £201,700 | £801,700 |
| 3 Month Average | 26.993 % | £161,955 | £761,955 |
| 6 Month Average | 58.024 % | £348,145 | £948,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £386,767 | £380,000 | 152 QUEENSWAY |
| 15 Sep 2023 | £336,806 | £332,500 | 63 QUEENSWAY |
| 28 Jul 2023 | £400,389 | £395,000 | 144 QUEENSWAY |
| 7 Jul 2023 | £375,048 | £370,000 | 115 QUEENSWAY |
| 29 Sep 2022 | £327,356 | £330,000 | 63 WALTER MEAD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Springfield Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Walter Mead Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walter Mead Close |