Ongar

Area Guide For Ongar

 

Ongar is a civil parish in the Epping Forest District of Essex, England. Other than the town of Chipping Ongar it additionally incorporates Greensted, Greensted Green, Marden Ash and Shelley. The neighborhood committee of the ward is Ongar Town Council. Spotted roughly 21 miles northeast of London, it is a halfway created upon area with vast segments of open area. The name "Ongar" signifies "grass land". The area was made in 1965 as an amalgamation of the Chipping Ongar, Greenstead and Shelley common areas in the Epping and Ongar Rural District. In 1974 the ward got to be a piece of Epping Forest District.

 
 

Ongar Map

Estimated Price: £477,853
Average Asking Price: £598,206
Price change in last one year: £21,669
Average Price Paid: £367,922
Average Rent Rates: £2,065

 
 

Property Prices Breakdown in Ongar

Average Price for property in Ongar is around £477,853 which varies based on type of property you are interested in and ranges from £712,206 for detached house to around £371,216 for semi-detached. Similarly terraced house is around £329,501 and a flat is worth £205,058. Values have been changing and have risen £1,370 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,727 in last 6 months, £21,669 in last 1 year, £54,469 in last 2 years, £50,919 in last 3 years, £43,121 in last 4 years and £49,844 in last 5 years.

Currently average asking price of a property in Ongar is around £598,206 based on approximately 158 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £2,065 per month.

Estimated property value in Ongar is £477,853. Average asking price is £598,206 while average price paid is £391,527 which is up by £21,669 and Avg. asking rent £2,065.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ongar area. In last 1 year alone average price buyer paid is around £391,527 based on approximately 158 sales in Ongar area alone. If you compare it to last 3 years sales of 427 properties where buyers paid around £366,192. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £367,922 for 689 and average amount paid for purchase of approx. 887 properties sold in last 7 years comes to about £370,654 per sale.

 
 

Properties For Sale in Ongar

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £243,332, £333,315 for a 2 bedroom house, £598,989 for a 3 bedroom house, £696,150 for a 4 bedroom house and £1,024,998 for a 5 bedroom house. For a flat similarly the prices varies from £135,884 for a single bedroom to £219,983 for a 2 bedroom Flat. To sum up the asking prices for properties in Ongar it comes to around average £160,679 for 1 bedroom property, £276,649 for 2 bedroom, £598,989 for 3 bedroom, £696,150 for 4 bedroom and £1,024,998 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £524 for 1 bedroom to £1,395 for 3 bedroom and £1,625 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £787. You should be generally be expecting around average £656 rent per month for single bedroom property, £1,395 for 3 bedroom and approximately £1,625 for 4 bedroom property in Ongar area.

Popular Houses in Ongar

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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