56 Walter Mead Close

    56, WALTER MEAD CLOSE, ONGAR, CM5 0BW

    This flat/maisonette leasehold property on Walter Mead Close last sold in October 2015 for £196,500. Based on price growth in the CM5 district since then, its estimated current value is £279,141 — placing it in the 44th percentile nationally and the 9th percentile within CM5. The property covers 66 m² (710 sq ft), giving an estimated value of £4,229 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £196,500

    Oct 2015

    Estimated Valuation

    £279,141

    Est. £/sq ft

    £393/sq ft

    £4,229/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Oct 2015

    £196,500

    19 Jul 2006

    New build

    £205,000

    Key Metrics

    Estimated valuation£279,141
    Value per sq ft / m²£393/sq ft (£4,229/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile9th percentile
    National percentile44th 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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