2 Parkland Way

    2, PARKLAND WAY, ONGAR, CM5 9EW

    This detached freehold property on Parkland Way last sold in August 2018 for £560,000. Based on price growth in the CM5 district since then, its estimated current value is £725,146 — placing it in the 91st percentile nationally and the 76th percentile within CM5. The property covers 108 m² (1,163 sq ft), giving an estimated value of £6,714 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £560,000

    Aug 2018

    Estimated Valuation

    £725,146

    Est. £/sq ft

    £624/sq ft

    £6,714/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,163 sq ft (108 m²)
    EPC dateFeb 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2018

    £560,000

    18 Jun 2015

    £390,000

    25 Oct 2000

    £185,000

    Key Metrics

    Estimated valuation£725,146
    Value per sq ft / m²£624/sq ft (£6,714/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile76th percentile
    National percentile91st 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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