£409,120
This estimated value is based upon the latest sale price for the house of £328,000 on 4 May 2018. 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 |
|---|---|
| £328,000 | 4 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £328,000 results in an estimated price of approximately £409,120.
| 4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £328,000 | £81,120 | £409,120 |
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 | -58.813 % | £-192,908 | £135,091 |
| 3 Month Average | -8.891 % | £-29,161 | £298,838 |
| 6 Month Average | 13.960 % | £45,790 | £373,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £371,500 | £365,000 | 5 QUEENSWAY |
| 15 Sep 2023 | £336,806 | £332,500 | 63 QUEENSWAY |
| 1 Sep 2023 | £314,015 | £310,000 | 13 QUEENSWAY |
| 1 Jul 2022 | £335,904 | £335,000 | 62 QUEENSWAY |
| 8 Apr 2022 | £375,877 | £365,000 | 11 QUEENSWAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Sep 2014. Using an estimated price of £409,121 means this house is valued at £5,383 per sq meter (£500 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 |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Aukingford Gardens |
| Jan 2024 | Anti-social behaviour | On or near Aukingford Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Aukingford Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Aukingford Gardens |