£1,824,945
This estimated value is based upon the latest sale price for the house of £1,675,000 on 5 Nov 2021. 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 |
|---|---|
| £1,675,000 | 5 Nov 2021 |
| £1,250,000 | 3 Nov 2017 |
| £480,000 | 29 Jul 2005 |
| 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £1,675,000 results in an estimated price of approximately £1,824,945.
| 5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £1,675,000 | £149,945 | £1,824,945 |
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 | -21.899 % | £-366,805 | £1,308,194 |
| 3 Month Average | 0.392 % | £6,562 | £1,681,562 |
| 6 Month Average | 11.486 % | £192,382 | £1,867,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £1,543,403 | £1,530,000 | PARTRIDGE HOUSE HARLOW ROAD |
| 8 Dec 2023 | £750,563 | £727,500 | IVYLANDS BRIDGE ROAD |
| 24 Nov 2022 | £587,254 | £590,000 | 10 MORETON BRIDGE |
| 9 Aug 2022 | £934,369 | £930,000 | MALTINGS FARM NORTH LANE |
| 14 Feb 2022 | £454,277 | £430,000 | 1 CORNER COTTAGES HARLOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Bridge Road | |
| Oct 2024 | Anti-social behaviour | On or near Bridge Road | |
| Sep 2024 | Burglary | Under investigation | On or near Gould Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gould Close |
| Nov 2024 | Vehicle crime | Under investigation | On or near Maltings Hill |