31 Fairbank Close

    31, FAIRBANK CLOSE, ONGAR, CM5 9HX

    This terraced freehold property on Fairbank Close last sold in July 2020 for £345,000. Based on price growth in the CM5 district since then, its estimated current value is £389,641 — placing it in the 66th percentile nationally and the 20th percentile within CM5. The property covers 79 m² (850 sq ft), giving an estimated value of £4,932 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £345,000

    Jul 2020

    Estimated Valuation

    £389,641

    Est. £/sq ft

    £458/sq ft

    £4,932/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jul 2020

    £345,000

    18 Apr 2013

    £239,000

    5 Jun 2006

    £228,000

    19 Jun 1998

    £78,000

    Key Metrics

    Estimated valuation£389,641
    Value per sq ft / m²£458/sq ft (£4,932/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile20th percentile
    National percentile66th 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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