£460,483
This estimated value is based upon the latest sale price for the house of £370,000 on 30 Nov 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 |
|---|---|
| £370,000 | 30 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £370,000 results in an estimated price of approximately £460,483.
| 30 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £370,000 | £90,483 | £460,483 |
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 | -4.576 % | £-16,932 | £353,067 |
| 3 Month Average | 1.613 % | £5,968 | £375,968 |
| 6 Month Average | 18.273 % | £67,610 | £437,610 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Jan 2017.
The average size of a house on BOWES DRIVE is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Approach |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Great Lawn |
| Mar 2024 | Other crime | Under investigation | On or near Victoria Road |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Churchill Close |
| Mar 2024 | Anti-social behaviour | On or near Bansons Way |