8 Fairbank Close

    8, FAIRBANK CLOSE, ONGAR, CM5 9HX

    This terraced freehold property on Fairbank Close last sold in January 1999 for £66,000. Based on price growth in the CM5 district since then, its estimated current value is £270,422 — placing it in the 42nd percentile nationally and the 8th percentile within CM5. The property covers 49 m² (527 sq ft), giving an estimated value of £5,519 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £66,000

    Jan 1999

    Estimated Valuation

    £270,422

    Est. £/sq ft

    £513/sq ft

    £5,519/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area527 sq ft (49 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jan 1999

    £66,000

    26 Sept 1996

    £49,500

    Key Metrics

    Estimated valuation£270,422
    Value per sq ft / m²£513/sq ft (£5,519/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile8th percentile
    National percentile42nd 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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