£595,937
This estimated value is based upon the latest sale price for the house of £600,000 on 8 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Norton Lane
More crime details
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134 High Street, Ongar, CM5 9JH
Phone: 01277298667
| Price Paid | Date |
|---|---|
| £600,000 | 8 Aug 2023 |
| Flats/Maisonettes |
| 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 August 2023 the House Price Index for ESSEX was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £600,000 results in an estimated price of approximately £595,937.
| 8 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £600,000 | £-4,062 | £595,937 |
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 | 120.513 % | £723,076 | £1,323,076 |
| 3 Month Average | -15.153 % | £-90,920 | £509,079 |
| 6 Month Average | 9.881 % | £59,284 | £659,284 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Norton Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norton Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Norton Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Norton Lane |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Norton Lane |