£439,576
This estimated value is based upon the latest sale price for the house of £365,000 on 10 Jul 2020. 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 Springfield Close
More crime details
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High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £365,000 | 10 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £365,000 results in an estimated price of approximately £439,576.
| 10 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £365,000 | £74,576 | £439,576 |
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 | -6.047 % | £-22,070 | £342,929 |
| 3 Month Average | -12.297 % | £-44,882 | £320,117 |
| 6 Month Average | 3.090 % | £11,278 | £376,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £372,039 | £365,000 | 5 QUEENSWAY |
| 1 Jul 2022 | £334,548 | £335,000 | 62 QUEENSWAY |
| 8 Apr 2022 | £374,359 | £365,000 | 11 QUEENSWAY |
| 30 Mar 2022 | £856,625 | £830,000 | 20 SPRINGFIELD CLOSE |
| 22 Sep 2021 | £525,888 | £490,000 | 28 SPRINGFIELD CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 31 Oct 2019. Using an estimated price of £439,577 means this house is valued at £5,861 per sq meter (£544 per sq foot).
The average size of a house on QUEENSWAY is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Springfield Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Kimpton'S Close |
| Jan 2024 | Anti-social behaviour | On or near Aukingford Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Aukingford Gardens | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Aukingford Gardens |