3 Penwood Close

    3, PENWOOD CLOSE, BILLERICAY, CM11 1DY

    This detached freehold property on Penwood Close last sold in July 2018 for £587,500. Based on price growth in the CM11 district since then, its estimated current value is £704,201 — placing it in the 90th percentile nationally and the 70th percentile within CM11. The property covers 150 m² (1,615 sq ft), giving an estimated value of £4,695 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £587,500

    Jul 2018

    Estimated Valuation

    £704,201

    Est. £/sq ft

    £436/sq ft

    £4,695/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,615 sq ft (150 m²)
    EPC dateJan 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jul 2018

    £587,500

    7 Apr 1995

    £125,000

    Key Metrics

    Estimated valuation£704,201
    Value per sq ft / m²£436/sq ft (£4,695/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM11 district percentile70th percentile
    National percentile90th percentile

    District Context — CM11

    CM11 covers Billericay and surrounding areas in south Essex, positioned between London and the coast. It is a commuter-focused district with strong family appeal and established suburban character.

    Average Property Price - CM11

    £602,115

    89

    National percentile

    Average Net Household Income - CM11

    £49,675

    88

    National percentile

    10-Year Annualised Price Growth - CM11

    3.6%

    50

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM11

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