£10,947,379
This estimated value is based upon the latest sale price for the house of £8,185,000 on 31 May 2016. 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 |
---|---|
£8,185,000 | 31 May 2016 |
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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £8,185,000 results in an estimated price of approximately £10,947,379.
31 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.0 | 33.749 % | £8,185,000 | £2,762,379 | £10,947,379 |
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 | 2.983 % | £244,168 | £8,429,168 |
3 Month Average | 7.081 % | £579,608 | £8,764,608 |
6 Month Average | 24.397 % | £1,996,885 | £10,181,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £516,632 | £510,000 | 14 ELSTAR ROAD |
17 Mar 2023 | £442,391 | £440,000 | 2 VALE COTTAGES HIGH ONGAR ROAD |
10 Feb 2023 | £791,258 | £795,000 | WOODBINE COTTAGE HIGH ONGAR ROAD |
24 Nov 2022 | £649,468 | £660,000 | 23 ELSTAR ROAD |
31 Mar 2022 | £505,718 | £490,000 | 8 PIPPIN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elstar Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elstar Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elstar Road |
Mar 2024 | Other crime | Under investigation | On or near Elstar Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elstar Road |