£1,038,691
This estimated value is based upon the latest sale price for the house of £835,000 on 22 Jun 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 |
|---|---|
| £835,000 | 22 Jun 2018 |
| 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £835,000 results in an estimated price of approximately £1,038,691.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £835,000 | £203,691 | £1,038,691 |
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 | -2.299 % | £-19,195 | £815,804 |
| 3 Month Average | -11.715 % | £-97,817 | £737,182 |
| 6 Month Average | 8.832 % | £73,750 | £908,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £463,103 | £455,000 | 1 CANNONS LANE |
| 23 Jun 2023 | £673,154 | £665,000 | BANFF SPRINGS QUEEN STREET |
| 14 Sep 2022 | £617,017 | £622,000 | 10 CANNONS LANE |
| 17 Aug 2022 | £453,779 | £455,000 | 3 DACRES GATE |
| 23 Mar 2022 | £430,049 | £415,000 | 18 CANNONS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cannons Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abbey Close |
| Jan 2024 | Other theft | Awaiting court outcome | On or near Abbey Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forest Drive |