Walter Mead Close, Ongar, Essex, CM5
BA

Walter Mead Close, Ongar, Essex, CM5

By Balgores Hayes

£ 325,000

Reviews

3 out of 5 stars

Balgores Hayes says ..

**TOP FLOOR APARTMENT** *TWO BEDROOMS** **691 SQ.FT** **EN SUITE SHOWER ROOM & FURTHER BATHROOM** **OPEN PLAN LIVING** **ALLOCATED PARKING**

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Ongar, Essex. The location benefits from its proximity to several schools, including The Ongar Academy (rated “Good” by Ofsted) which is less than a kilometer away. This is a positive factor for families. However, information on nearby transportation links is missing, which could impact the overall location score. The images show a modern apartment that appears to be in good condition. The kitchen and bathrooms are contemporary and well-maintained. There is no visible evidence of needed repairs or renovations. The plot size is not specified, so it is impossible to assess the amount of land associated with the property. The list price of £325,000 is significantly lower than the average price of £512,500 for the area. However, without knowing the square footage of the property, a direct price per square foot comparison cannot be made to determine if the price is reasonable. The lack of square footage data for both the subject property and comparable properties makes a comprehensive price analysis impossible. Nearby properties show a range of prices, suggesting some variability in pricing within the immediate area. Considering the available data, the property seems to be in a good location for families due to nearby schools, and it appears to be well-maintained and modern. However, the lack of information on plot size and the property’s square footage prevents a complete and accurate assessment of the land and price aspects.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
0
Bedrooms
2
Bathrooms
2
Sqft (est)
692.01

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
650,000.00 £
Decreased by 2.62 %
from 667,500.00 £
Est sale value
360,537.21 £
Increased by 17.08 %
from 307,944.45 £
Average area rental value
1,850.00 £/mo
Decreased by 32.73 %
from 2,750.00 £/mo
Est letting value
692.01 £/mo
Unchanged by 0.00 %
from 692.01 £/mo
Est rental Yield
3.42 %
Decreased by 30.77 %
from 4.94 %
Crime Rate
36.00 %
Unchanged by 0.00 %
from 36.00 %

Agent Activity

  • Balgores Hayes created the listing.

Nearby Schools

NameTypeOfstedDistance
The Ongar AcademyFree SchoolsGood0.65 KM
Ongar Primary SchoolAcademy Converter0.79 KM
Chipping Ongar Primary SchoolAcademy Converter1.75 KM
High Ongar Primary SchoolAcademy Converter2.05 KM
Moreton Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood3.98 KM

Images

Picture No. 01 Picture No. 03 Picture No. 02 Picture No. 04 Picture No. 09 Picture No. 05 Picture No. 06 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Kimpton's Close £ 425,00000.00 KM
Hastingwood Court £ 000.00 KM
Church Lane £ 000.00 KM
St. Martin's Mews £ 525,00000.00 KM
Lavender Mews £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Walter Mead Close, Ongar, Essex, CM5 £ 325,000BUY7 / 100.00 KM
Walter Mead Close, Ongar, Essex, CM5 £ 275,000BUY6 / 100.01 KM
Walter Mead Close, Chipping Ongar, Essex CM5 £ 250,000BUY5 / 100.03 KM
Walter Mead Close, Ongar, CM5 £ 300,000BUYUnknown0.03 KM
Epping Road, Ongar, CM5 £ 300,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
33 Walter Mead Close £ 404,0000.07 KM
1 Walter Mead Close £ 330,0000.07 KM
14 Walter Mead Close £ 345,0000.07 KM
5 Walter Mead Close £ 295,0000.07 KM
32 Walter Mead Close £ 427,5000.07 KM