£2,441,034
This estimated value is based upon the latest sale price for the house of £1,740,000 on 17 Nov 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 |
|---|---|
| £1,740,000 | 17 Nov 2015 |
| 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £1,740,000 results in an estimated price of approximately £2,441,034.
| 17 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £1,740,000 | £701,034 | £2,441,034 |
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 | 71.703 % | £1,247,637 | £2,987,637 |
| 3 Month Average | 30.247 % | £526,305 | £2,266,305 |
| 6 Month Average | 31.381 % | £546,022 | £2,286,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £30,951 | £30,000 | PLOT A THREE ACRE FARM BIRDS GREEN |
| 21 Dec 2023 | £20,634 | £20,000 | PLOT B THREE ACRE FARM BIRDS GREEN |
| 27 Sep 2023 | £511,271 | £500,000 | THE MALTINGS FYFIELD ROAD |
| 14 Aug 2023 | £506,638 | £497,500 | 2 THE BUNGALOWS |
| 10 Jun 2022 | £556,904 | £545,000 | 6 WOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fyfield Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fyfield Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Fyfield Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Silver Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Silver Lane |