87 Megs Way

    87, MEGS WAY, BRAINTREE, CM7 3QP

    This terraced freehold property on Megs Way last sold in March 2018 for £240,000. Based on price growth in the CM7 district since then, its estimated current value is £276,343 — placing it in the 44th percentile nationally and the 33rd percentile within CM7. The property covers 62 m² (667 sq ft), giving an estimated value of £4,457 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £240,000

    Mar 2018

    Estimated Valuation

    £276,343

    Est. £/sq ft

    £414/sq ft

    £4,457/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateSept 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2018

    £240,000

    29 Jun 2007

    £157,000

    12 Apr 2006

    £142,000

    21 Nov 2005

    £147,000

    25 Jan 2002

    £91,250

    12 Feb 1999

    £59,000

    29 Nov 1996

    New build

    £51,495

    Key Metrics

    Estimated valuation£276,343
    Value per sq ft / m²£414/sq ft (£4,457/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile33rd percentile
    National percentile44th percentile

    District Context — CM7

    CM7 covers Ongar and surrounding villages in north Essex, positioned between Chelmsford and the Hertfordshire border. It is a predominantly residential, semi-rural area with strong community appeal and good access to both town amenities and countryside.

    Average Property Price - CM7

    £339,844

    54

    National percentile

    Average Net Household Income - CM7

    £40,554

    60

    National percentile

    10-Year Annualised Price Growth - CM7

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM7

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