£478,575
This estimated value is based upon the latest sale price for the house of £453,000 on 11 Feb 2022. 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 |
---|---|
£453,000 | 11 Feb 2022 |
£325,000 | 17 Apr 2014 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £453,000 results in an estimated price of approximately £478,575.
11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £453,000 | £25,575 | £478,575 |
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 | -18.915 % | £-85,684 | £367,315 |
3 Month Average | -20.007 % | £-90,632 | £362,367 |
6 Month Average | -3.819 % | £-17,297 | £435,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £510,693 | £495,000 | 22 CLOVERLY ROAD |
3 Nov 2023 | £615,627 | £600,000 | 20 LONGFIELDS |
12 Oct 2023 | £465,574 | £455,000 | 7 LONGFIELDS |
24 Aug 2023 | £595,745 | £585,000 | 91 LONGFIELDS |
19 Aug 2022 | £490,293 | £488,000 | 51 CLOVERLY ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Feb 2014. Using an estimated price of £478,575 means this house is valued at £5,317 per sq meter (£494 per sq foot).
The average size of a house on LONGFIELDS is 122 sq meters (1,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cloverley Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bushy Lea |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Place |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Place |
May 2024 | Other crime | Unable to prosecute suspect | On or near Battle Court |