£2,995,981
This estimated value is based upon the latest sale price for the house of £1,700,000 on 10 Oct 2008. 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 |
---|---|
£1,700,000 | 10 Oct 2008 |
£1,725,000 | 12 Dec 2007 |
£1,490,000 | 12 Jul 2004 |
Detached |
Freehold |
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 October 2008 the House Price Index for ESSEX was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £1,700,000 results in an estimated price of approximately £2,995,981.
10 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £1,700,000 | £1,295,981 | £2,995,981 |
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 | 16.552 % | £281,384 | £1,981,384 |
3 Month Average | 35.542 % | £604,207 | £2,304,207 |
6 Month Average | 52.126 % | £886,138 | £2,586,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £523,283 | £510,000 | 14 ELSTAR ROAD |
8 Nov 2023 | £155,959 | £152,000 | 14 ABIGAIL COURT |
18 Sep 2023 | £1,201,486 | £1,175,000 | ELLBROOKE BARN FYFIELD ROAD |
24 Nov 2022 | £656,928 | £660,000 | 23 ELSTAR ROAD |
15 Jul 2022 | £150,508 | £149,000 | 11 ABIGAIL COURT |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Local resolution | On or near Livingstone Road |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pippin Road |
Nov 2024 | Violence and sexual offences | Offender given a caution | On or near Elstar Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Elstar Road |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elstar Road |