5 Lake Avenue

    5, LAKE AVENUE, BILLERICAY, CM12 0AJ

    This detached freehold property on Lake Avenue last sold in March 2018 for £650,000. Based on price growth in the CM12 district since then, its estimated current value is £700,632 — placing it in the 90th percentile nationally and the 77th percentile within CM12. The property covers 230 m² (2,476 sq ft), giving an estimated value of £3,046 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,476 sq ft

    230 m²

    Last Sale Price

    £650,000

    Mar 2018

    Estimated Valuation

    £700,632

    Est. £/sq ft

    £283/sq ft

    £3,046/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,476 sq ft (230 m²)
    EPC dateAug 2020
    Walls²K
    HeatingBoiler and underfloor heating, mains gas, Boiler and radiators, mains gas

    Transaction History

    28 Mar 2018

    £650,000

    Key Metrics

    Estimated valuation£700,632
    Value per sq ft / m²£283/sq ft (£3,046/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM12 district percentile77th percentile
    National percentile90th percentile

    District Context — CM12

    CM12 covers Southend-on-Sea and surrounding areas in south Essex, situated on the Thames estuary coast east of London. It is a established residential and seaside destination with a mix of family homes, retirees, and commuter communities.

    Average Property Price - CM12

    £529,018

    83

    National percentile

    Average Net Household Income - CM12

    £50,318

    89

    National percentile

    10-Year Annualised Price Growth - CM12

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM12

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