£2,563,205
This estimated value is based upon the latest sale price for the house of £455,000 on 25 Apr 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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134 High Street, Ongar, CM5 9JH
Phone: 01277298667
| Price Paid | Date |
|---|---|
| £455,000 | 25 Apr 1996 |
| Detached |
| 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 April 1996 the House Price Index for ESSEX was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.342%.Applying this 463.342% change to the original purchase price of £455,000 results in an estimated price of approximately £2,563,205.
| 25 Apr 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.342 % | £455,000 | £2,108,205 | £2,563,205 |
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 | 263.982 % | £1,201,118 | £1,656,118 |
| 3 Month Average | 314.332 % | £1,430,212 | £1,885,212 |
| 6 Month Average | 431.505 % | £1,963,348 | £2,418,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £489,280 | £485,000 | 15 KING STREET |
| 24 Jul 2023 | £405,457 | £400,000 | 11 PASLOW HALL COTTAGES KING STREET |
| 5 Apr 2023 | £1,718,503 | £1,700,000 | 217 NINE ASHES ROAD |
| 30 Sep 2022 | £1,438,385 | £1,450,000 | CHALKLEY TRANSPORT NINE ASHES ROAD |
| 24 Mar 2022 | £2,059,302 | £1,987,240 | 2 PASLOW HALL COTTAGES KING STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near King Street | |
| Mar 2024 | Anti-social behaviour | On or near King Street | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |