61 Walter Mead Close

    61, WALTER MEAD CLOSE, ONGAR, CM5 0BW

    This flat/maisonette leasehold property on Walter Mead Close last sold in May 2021 for £245,000. Based on price growth in the CM5 district since then, its estimated current value is £244,124 — placing it in the 36th percentile nationally and the 6th percentile within CM5. The property covers 69 m² (743 sq ft), giving an estimated value of £3,538 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £245,000

    May 2021

    Estimated Valuation

    £244,124

    Est. £/sq ft

    £329/sq ft

    £3,538/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 May 2021

    £245,000

    27 Jul 2006

    New build

    £185,000

    Key Metrics

    Estimated valuation£244,124
    Value per sq ft / m²£329/sq ft (£3,538/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile6th percentile
    National percentile36th 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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