2 Walter Mead Close

    2, WALTER MEAD CLOSE, ONGAR, ONGAR, CM5 0BW

    This flat/maisonette leasehold property on Walter Mead Close last sold in May 2006 for £217,500. Based on price growth in the CM5 district since then, its estimated current value is £299,110 — placing it in the 49th percentile nationally and the 10th percentile within CM5. The property covers 65 m² (700 sq ft), giving an estimated value of £4,602 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £217,500

    May 2006

    Estimated Valuation

    £299,110

    Est. £/sq ft

    £428/sq ft

    £4,602/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateJul 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2006

    New build

    £217,500

    Key Metrics

    Estimated valuation£299,110
    Value per sq ft / m²£428/sq ft (£4,602/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile10th percentile
    National percentile49th percentile

    District Context — CM5

    CM5 covers parts of Essex, situated in the eastern Home Counties with good commuter links to London. The district is characterised by a mix of suburban residential areas and rural settlements, appealing to families and those seeking a quieter pace of life.

    Average Property Price - CM5

    £574,686

    88

    National percentile

    Average Net Household Income - CM5

    £45,633

    78

    National percentile

    10-Year Annualised Price Growth - CM5

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM5

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