£1,036,175
This estimated value is based upon the latest sale price for the house of £725,000 on 25 Sep 2015. 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 |
|---|---|
| £725,000 | 25 Sep 2015 |
| 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 September 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £725,000 results in an estimated price of approximately £1,036,175.
| 25 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £725,000 | £311,175 | £1,036,175 |
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 | 50.067 % | £362,984 | £1,087,984 |
| 3 Month Average | 24.715 % | £179,187 | £904,187 |
| 6 Month Average | 39.018 % | £282,877 | £1,007,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £523,283 | £510,000 | 14 ELSTAR ROAD |
| 18 Sep 2023 | £1,201,486 | £1,175,000 | ELLBROOKE BARN FYFIELD ROAD |
| 24 Mar 2023 | £510,526 | £502,000 | 20 THE GABLES |
| 30 Nov 2022 | £478,761 | £481,000 | 17 THE GABLES |
| 24 Nov 2022 | £656,928 | £660,000 | 23 ELSTAR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Pippin Road |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Pippin Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pippin Road |
| Jul 2024 | Anti-social behaviour | On or near Elstar Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Elstar Road |