£2,537,833
This estimated value is based upon the latest sale price for the house of £1,950,000 on 11 Jan 2017. 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 |
|---|---|
| £1,950,000 | 11 Jan 2017 |
| 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 January 2017 the House Price Index for ESSEX was 113.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.145%.Applying this 30.145% change to the original purchase price of £1,950,000 results in an estimated price of approximately £2,537,833.
| 11 Jan 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.0 | 30.145 % | £1,950,000 | £587,833 | £2,537,833 |
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 | -18.302 % | £-356,890 | £1,593,109 |
| 3 Month Average | -1.524 % | £-29,721 | £1,920,278 |
| 6 Month Average | 23.059 % | £449,648 | £2,399,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £500,544 | £497,500 | 2 THE BUNGALOWS |
| 18 Jul 2023 | £1,060,027 | £1,050,000 | TOPEKA THE VILLAGE |
| 10 Jun 2022 | £550,580 | £545,000 | 6 WOOD LANE |
| 30 Sep 2021 | £955,185 | £890,000 | QUINNEYS WILLINGALE ROAD |
| 3 Sep 2021 | £385,294 | £359,000 | 2 GARWOOD COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fyfield Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Manns Yard |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beech Road |
| Feb 2024 | Anti-social behaviour | On or near Wood Lane |