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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 49, Millfield, Ongar is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,043 ft2 of internal area and sits on a 252 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Millfield, Ongar is £398,511 and the estimated rental value is £1,965 per month.
Millfield, High Ongar, Ongar, CM5 is located in the borough of Epping Forest within the CM5 postal district.
49, Millfield, Ongar has a single entry in the Land Registry from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 49, Millfield, Ongar is in very good condition we estimate a sale value of £418,436 and a rental value of £2,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,615 and a rental value of £1,827 per month.
Over the last 12 months the sale value of 49 Millfield Ongar has decreased by an estimated £940 (0.2%) and its rental value has increased by an estimated £65 per month (3.3%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 49, Millfield, Ongar sits on a plot of 252m2.
We have plot size data on 31 out of 53 other houses in the postcode and 49, Millfield, Ongar sits on the 30th largest plot.
According to HM Land Registry, 49, Millfield, Ongar was last sold on 5th January 2007 for £218,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 106.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Millfield, Ongar within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 45, Millfield, Ongar, CM5 9RJ, a freehold house which sold for £300,000 on the 26th February 2021.
Read more about house prices in CM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfield, High Ongar, Ongar, CM5 has a total of 56 addresses. According to our analysis of all the public data, 49, Millfield, Ongar is the 23rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in CM5.
The closest station to 49, Millfield, Ongar is Ingatestone station which is 9.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Millfield, Ongar, 46.0% of property is socially rented and 26.6% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 49, Millfield, Ongar, 20.2% of residents are recorded as possessing school level qualifications and 17.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 49, Millfield, Ongar, the average age was 44.3 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 49, Millfield, Ongar, 1.2% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 49, Millfield, Ongar, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
