62 Walter Mead Close

    62, WALTER MEAD CLOSE, ONGAR, CM5 0BW

    This flat/maisonette leasehold property on Walter Mead Close last sold in November 2018 for £282,500. Based on price growth in the CM5 district since then, its estimated current value is £275,106 — placing it in the 44th percentile nationally and the 8th percentile within CM5. The property covers 70 m² (753 sq ft), giving an estimated value of £3,930 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £282,500

    Nov 2018

    Estimated Valuation

    £275,106

    Est. £/sq ft

    £365/sq ft

    £3,930/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Nov 2018

    £282,500

    18 Mar 2016

    £270,000

    13 Mar 2006

    New build

    £225,000

    Key Metrics

    Estimated valuation£275,106
    Value per sq ft / m²£365/sq ft (£3,930/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile8th 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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