£398,946
This estimated value is based upon the latest sale price for the house of £367,500 on 27 Sep 2021. 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 |
|---|---|
| £367,500 | 27 Sep 2021 |
| £220,000 | 28 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 875 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £367,500 results in an estimated price of approximately £398,946.
| 27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £367,500 | £31,446 | £398,946 |
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 | 12.912 % | £47,452 | £414,952 |
| 3 Month Average | 5.638 % | £20,719 | £388,219 |
| 6 Month Average | 5.917 % | £21,746 | £389,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,176,140 | £1,140,000 | 81 COOPERS HILL |
| 4 Dec 2023 | £510,693 | £495,000 | 22 CLOVERLY ROAD |
| 15 Sep 2023 | £400,836 | £392,000 | 21 CLOVERLY ROAD |
| 23 Jun 2023 | £390,832 | £383,000 | 19 CLOVERLY ROAD |
| 8 Jun 2023 | £846,973 | £830,000 | FERMOY BRENTWOOD ROAD |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 19 Mar 2012. Using an estimated price of £398,947 means this house is valued at £4,905 per sq meter (£455 per sq foot).
The average size of a house on CLOVERLY ROAD is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cloverley Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Sycamores |
| Jun 2024 | Anti-social behaviour | On or near Brentwood Road | |
| Jun 2024 | Anti-social behaviour | On or near Brentwood Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunters Chase |