£512,811
This estimated value is based upon the latest sale price for the house of £305,000 on 31 Aug 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cannons Lane
More crime details
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High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £305,000 | 31 Aug 2012 |
| £116,000 | 17 Jul 1998 |
| Semi-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 August 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.135%.Applying this 68.135% change to the original purchase price of £305,000 results in an estimated price of approximately £512,811.
| 31 Aug 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.135 % | £305,000 | £207,811 | £512,811 |
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 | 48.265 % | £147,207 | £452,207 |
| 3 Month Average | 38.297 % | £116,806 | £421,806 |
| 6 Month Average | 66.443 % | £202,651 | £507,651 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cannons Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Queen Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forest Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abbey Close |