£510,224
This estimated value is based upon the latest sale price for the house of £500,000 on 16 Jun 2023. 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 |
|---|---|
| £500,000 | 16 Jun 2023 |
| £305,000 | 9 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 811 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 June 2023 the House Price Index for ESSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £500,000 results in an estimated price of approximately £510,224.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £500,000 | £10,224 | £510,224 |
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 | -22.816 % | £-114,081 | £385,918 |
| 3 Month Average | -4.737 % | £-23,684 | £476,315 |
| 6 Month Average | 1.993 % | £9,964 | £509,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £587,411 | £572,500 | 35 GREAT STONY PARK |
| 27 Oct 2023 | £505,480 | £494,000 | 34 ONSLOW GARDENS |
| 18 Sep 2023 | £792,469 | £775,000 | 38 GREAT STONY PARK |
| 14 Sep 2023 | £562,398 | £550,000 | 21 ONSLOW GARDENS |
| 11 Sep 2023 | £562,398 | £550,000 | 19 ONSLOW GARDENS |
This house has a floor area of 75 sq meters or 811 sq feet when measured on 18 Feb 2011. Using an estimated price of £510,225 means this house is valued at £6,767 per sq meter (£628 per sq foot).
The average size of a house on THE JOHNS is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Roding View |
| Jun 2024 | Other theft | Under investigation | On or near Onslow Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A414 |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near A414 |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |