9 Fairbank Close

    9, FAIRBANK CLOSE, ONGAR, CM5 9HX

    This terraced freehold property on Fairbank Close last sold in July 2018 for £275,000. Based on price growth in the CM5 district since then, its estimated current value is £381,134 — placing it in the 64th percentile nationally and the 18th percentile within CM5. The property covers 50 m² (538 sq ft), giving an estimated value of £7,623 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £275,000

    Jul 2018

    Estimated Valuation

    £381,134

    Est. £/sq ft

    £708/sq ft

    £7,623/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area538 sq ft (50 m²)
    EPC dateNov 2017
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jul 2018

    £275,000

    6 Dec 1996

    £60,000

    Key Metrics

    Estimated valuation£381,134
    Value per sq ft / m²£708/sq ft (£7,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile18th percentile
    National percentile64th 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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