£310,669
This estimated value is based upon the latest sale price for the house of £230,000 on 11 Mar 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 |
|---|---|
| £230,000 | 11 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 687 sq feet |
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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £230,000 results in an estimated price of approximately £310,669.
| 11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £230,000 | £80,669 | £310,669 |
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 | 17.467 % | £40,173 | £270,173 |
| 3 Month Average | 15.749 % | £36,222 | £266,222 |
| 6 Month Average | 24.890 % | £57,248 | £287,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £258,832 | £255,000 | 15 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 22 Nov 2023 | £253,757 | £250,000 | 20 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 22 Nov 2023 | £463,868 | £457,000 | 7 BOWES DRIVE |
| 20 Nov 2023 | £223,306 | £220,000 | 60 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 29 Sep 2023 | £435,569 | £430,000 | 37 BOWES DRIVE |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 17 Aug 2011. Using an estimated price of £310,670 means this house is valued at £4,861 per sq meter (£451 per sq foot).
The average size of a house on VICTORIA ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Approach |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bowes Drive |
| Mar 2024 | Anti-social behaviour | On or near Bansons Way | |
| Mar 2024 | Anti-social behaviour | On or near Bansons Way |