16 Magenta Close

    16, MAGENTA CLOSE, BILLERICAY, CM12 0LF

    This terraced freehold property on Magenta Close last sold in June 2023 for £398,000. Based on price growth in the CM12 district since then, its estimated current value is £404,032 — placing it in the 68th percentile nationally and the 27th percentile within CM12. The property covers 59 m² (635 sq ft), giving an estimated value of £6,848 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £398,000

    Jun 2023

    Estimated Valuation

    £404,032

    Est. £/sq ft

    £636/sq ft

    £6,848/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateDec 2022
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jun 2023

    £398,000

    28 Jun 2021

    £365,000

    20 Jul 2018

    £335,000

    2 Feb 2016

    £289,995

    31 May 2012

    £227,700

    8 May 2003

    £169,995

    12 Nov 1999

    £105,000

    30 Apr 1998

    New build

    £89,950

    Key Metrics

    Estimated valuation£404,032
    Value per sq ft / m²£636/sq ft (£6,848/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM12 district percentile27th percentile
    National percentile68th 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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