£616,939
This estimated value is based upon the latest sale price for the house of £359,995 on 27 Oct 2010. 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 |
|---|---|
| £359,995 | 27 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 843 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 October 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £359,995 results in an estimated price of approximately £616,939.
| 27 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £359,995 | £256,944 | £616,939 |
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 | 71.088 % | £255,911 | £615,906 |
| 3 Month Average | 60.295 % | £217,058 | £577,053 |
| 6 Month Average | 64.031 % | £230,507 | £590,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £261,642 | £255,000 | 15 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 22 Nov 2023 | £468,903 | £457,000 | 7 BOWES DRIVE |
| 16 Oct 2023 | £532,085 | £520,000 | 16 BOWES DRIVE |
| 29 Sep 2023 | £439,693 | £430,000 | 37 BOWES DRIVE |
| 25 Aug 2023 | £239,316 | £235,000 | 43 WEIGHBRIDGE COURT, 301 HIGH STREET |
This house has a floor area of 78 sq meters or 843 sq feet when measured on 9 Nov 2011. Using an estimated price of £616,939 means this house is valued at £7,871 per sq meter (£731 per sq foot).
The average size of a house on VICTORIA ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Public order | Under investigation | On or near Victoria Road |
| Sep 2024 | Other crime | Under investigation | On or near Victoria Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Barron'S Close |