£898,499
This estimated value is based upon the latest sale price for the house of £775,000 on 10 Nov 2020. 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 |
---|---|
£775,000 | 10 Nov 2020 |
Detached |
Freehold |
Floor Area: 165 sq meters or 1,776 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 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £775,000 results in an estimated price of approximately £898,499.
10 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £775,000 | £123,499 | £898,499 |
The Postcode Pricing Model uses changes in average sales price within the CM4 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 | -20.286 % | £-157,214 | £617,785 |
3 Month Average | -14.748 % | £-114,299 | £660,700 |
6 Month Average | -5.324 % | £-41,261 | £733,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £947,110 | £935,000 | 3 SANDFORD PADDOCKS RED ROSE LANE |
2 Aug 2023 | £675,913 | £670,000 | 10 ORCHARD PIECE |
20 Jan 2023 | £604,154 | £607,000 | 19 WOOLLARD WAY |
10 Jan 2023 | £592,210 | £595,000 | 5 ORCHARD PIECE |
9 May 2022 | £840,844 | £825,000 | MON REPOSE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 23 Jul 2020. Using an estimated price of £898,499 means this house is valued at £5,445 per sq meter (£505 per sq foot).
The average size of a house on LITTLE RIDINGS LANE is 197 sq meters (2,126 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Little Ridings Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Ridings Lane |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Little Ridings Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Ridings Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rookery Road |