You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in CM5

House Prices in CM5

The average house price in CM5 (Ongar) is £569,500 using HM Land Registry data.

The average property price increased by £15,482 (18.19%) over the last 5 years and increased by £3,102 (2.9%) over the last 12 months.

Over the last year, there were 100 residential property sales – a decrease of 22 transactions (-22.00%) relative to the previous year. The majority of house sales (30) were in the £394,000 - £538,000 range. Then came properties in the £250,000 - £394,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,750 (-3%).

In Oct 24, there were 37 new estate agency instructions, 21 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in CM5 (Ongar)

18.19%

Property prices in Ongar increased by 18.19% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CM5 (Ongar) Over the Last Year

2.9%

Property prices in Ongar increased by 2.9% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CM5 (Ongar) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CM5 (Ongar)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CM5 (Ongar)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CM5 (Ongar)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CM5 (Ongar) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM5 postcode area since 1995.

Recent Sales in CM5 (Ongar)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Victoria Road, Ongar, Essex, CM5 9FE	£555,000	£550,000	-£5,000	18 Sep 2018	28 Jun 2024	2110 Days
2 Marks Avenue, Ongar, Essex, CM5 9AY	£575,000	£560,000	-£15,000	08 Jan 2024	19 Jun 2024	163 Days
6 Cannons Lane, Fyfield, Ongar, Essex, CM5 0SE	£450,000	£415,000	-£35,000	12 Feb 2024	28 May 2024	106 Days
48 The Gables, Ongar, Essex, CM5 0GA	£600,000	£575,000	-£25,000	05 Dec 2023	28 May 2024	175 Days
Fieldings, Brentwood Road, Ongar, Essex, CM5 9DD	£1,200,000	£1,150,000	-£50,000	24 Oct 2023	19 Apr 2024	178 Days
28 Mill Lane, High Ongar, Ongar, Essex, CM5 9RN	£639,995	£615,000	-£24,995	24 May 2023	04 Apr 2024	316 Days
2 London Road, Stanford Rivers, Ongar, Essex, CM5 9PH	£650,000	£635,000	-£15,000	08 Jun 2023	14 Feb 2024	251 Days
59 High Street, Ongar, Essex, CM5 9DT	£269,950	£240,000	-£29,950	10 Jan 2023	02 Feb 2024	388 Days
4 Cripsey Avenue, Ongar, Essex, CM5 0AT	£375,000	£360,000	-£15,000	20 Jul 2023	05 Jan 2024	169 Days
1 Cannons Lane, Fyfield, Ongar, Essex, CM5 0SE	£500,000	£445,000	-£55,000	17 Jul 2023	18 Dec 2023	154 Days
81 Coopers Hill, Ongar, Essex, CM5 9EF	£1,200,000	£1,140,000	-£60,000	17 Jul 2023	13 Dec 2023	149 Days
Malrog, Fairfield Road, Ongar, Essex, CM5 9HJ	£390,000	£375,000	-£15,000	21 Jul 2023	12 Dec 2023	144 Days
150b, High Street, Ongar, Essex, CM5 9JJ	£265,000	£256,000	-£9,000	19 Jun 2023	08 Dec 2023	172 Days
Ivylands, Bridge Road, Moreton, Ongar, Essex, CM5 0LJ	£750,000	£727,500	-£22,500	20 Feb 2023	08 Dec 2023	291 Days
22 Cloverly Road, Ongar, Essex, CM5 9BY	£499,950	£495,000	-£4,950	05 May 2023	04 Dec 2023	213 Days
26 Acres Avenue, Ongar, Essex, CM5 0BH	£300,000	£275,000	-£25,000	27 Sep 2023	23 Nov 2023	57 Days
7 Bowes Drive, Ongar, Essex, CM5 9AU	£475,000	£457,000	-£18,000	21 Apr 2023	22 Nov 2023	215 Days
35 Great Stony Park, Ongar, Essex, CM5 0TH	£580,000	£572,500	-£7,500	01 Aug 2023	20 Nov 2023	111 Days
Flat 5, Heron Court, Fyfield Road, Ongar, Essex, CM5 0AJ	£230,000	£230,000	£00	21 Feb 2023	20 Nov 2023	272 Days
14 Abigail Court, Ongar, Essex, CM5 0AZ	£155,000	£152,000	-£3,000	13 Apr 2022	08 Nov 2023	574 Days

Most Expensive Streets in CM5 (Ongar)

Postcode	Street	Area	Average	No. of Sales
CM5 0DZ	High Laver	Ongar	£1,351,666	3
CM5 9LQ	Toot Hill Road, Greensted	Ongar	£1,280,000	3
CM5 0NQ	Dacres Gate, Fyfield	Ongar	£1,070,000	4
CM5 0HP	Bundish Hall Cottages, Ongar Road	Ongar	£938,937	4
CM5 9DJ	Sandon Place	Ongar	£877,333	3
CM5 9DD	Brentwood Road	Ongar	£863,750	4
CM5 9FN	Station Bridge Mews	Ongar	£852,954	11
CM5 0FT	Vineyards, Birds Green	Ongar	£835,375	4
CM5 9QN	Colemans Farm, Toothill Road	Ongar	£755,000	3
CM5 9DQ	Hunters Chase	Ongar	£750,000	4

Least Expensive Streets in CM5 (Ongar)

Postcode	Street	Area	Average	No. of Sales
CM5 0AZ	Abigail Court	Ongar	£145,207	7
CM5 9JX	High Street	Ongar	£173,571	7
CM5 9DS	High Street	Ongar	£212,000	4
CM5 9BW	Mayflower Court	Ongar	£262,964	7
CM5 9HU	Jacksons Close	Ongar	£266,700	3
CM5 9FD	High Street	Ongar	£269,612	31
CM5 9AF	Highfield Place	Ongar	£271,250	6
CM5 0AJ	Fyfield Road	Ongar	£282,833	3
CM5 9DX	High Street	Ongar	£312,500	4
CM5 0BH	Acres Avenue	Ongar	£334,375	8