2 Needham Close

    2, NEEDHAM CLOSE, BILLERICAY, CM11 1LQ

    This detached freehold property on Needham Close last sold in July 2014 for £550,000. Based on price growth in the CM11 district since then, its estimated current value is £846,401 — placing it in the 94th percentile nationally and the 81st percentile within CM11. The property covers 154 m² (1,658 sq ft), giving an estimated value of £5,496 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,658 sq ft

    154 m²

    Last Sale Price

    £550,000

    Jul 2014

    Estimated Valuation

    £846,401

    Est. £/sq ft

    £511/sq ft

    £5,496/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,658 sq ft (154 m²)
    EPC dateFeb 2014
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2014

    £550,000

    31 Oct 2001

    £318,000

    12 May 2000

    New build

    £269,995

    Key Metrics

    Estimated valuation£846,401
    Value per sq ft / m²£511/sq ft (£5,496/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM11 district percentile81st percentile
    National percentile94th 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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