£557,664
This estimated value is based upon the latest sale price for the house of £450,000 on 31 Jul 2018. 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 |
|---|---|
| £450,000 | 31 Jul 2018 |
| £240,000 | 19 Dec 2012 |
| £234,000 | 21 Jan 2005 |
| £155,000 | 25 Feb 2002 |
| Terraced |
| 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 July 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £450,000 results in an estimated price of approximately £557,664.
| 31 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £450,000 | £107,664 | £557,664 |
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 | 138.258 % | £622,161 | £1,072,161 |
| 3 Month Average | -14.714 % | £-66,211 | £383,788 |
| 6 Month Average | 7.619 % | £34,287 | £484,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £740,456 | £727,500 | IVYLANDS BRIDGE ROAD |
| 24 Nov 2022 | £582,939 | £590,000 | 10 MORETON BRIDGE |
| 9 Aug 2022 | £927,503 | £930,000 | MALTINGS FARM NORTH LANE |
| 14 Feb 2022 | £450,939 | £430,000 | 1 CORNER COTTAGES HARLOW ROAD |
| 24 Nov 2021 | £3,110,650 | £2,876,200 | HIGH LAVER HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Gould Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Church Road |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Church Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gainsthorpe Road |