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According to the public record, 7, Mellor Close, Ingatestone is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mellor Close, Ingatestone is £230,499 and the estimated rental value is £1,421 per month.
Mellor Close, Ingatestone, CM4 is located in the borough of Brentwood within the CM4 postal district.
7, Mellor Close, Ingatestone has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 7, Mellor Close, Ingatestone is in very good condition we estimate a sale value of £242,024 and a rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,364 and a rental value of £1,321 per month.
Over the last 12 months the sale value of 7 Mellor Close Ingatestone has increased by an estimated £808 (0.4%) and its rental value has increased by an estimated £62 per month (4.4%), giving an expected gross yield of 7.4%.
7, Mellor Close, Ingatestone has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Mellor Close, Ingatestone was last sold on 23rd September 2022 for £295,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mellor Close, Ingatestone within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 12, Pemberton Court, Ingatestone, CM4 0TQ, a leasehold flat which sold for £238,500 on the 24th November 2023.
Read more about house prices in CM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellor Close, Ingatestone, CM4 has a total of 21 addresses. According to our analysis of all the public data, 7, Mellor Close, Ingatestone is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £519k less expensive than the average property in CM4.
The closest station to 7, Mellor Close, Ingatestone is Ingatestone station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Mellor Close, Ingatestone, 41.6% of property is socially rented and 27.5% is privately owned with a mortgage.
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 7, Mellor Close, Ingatestone, 17.2% of residents are recorded as possessing school level qualifications and 31.7% 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 7, Mellor Close, Ingatestone, the average age was 44.6 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 7, Mellor Close, Ingatestone, 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 7, Mellor Close, Ingatestone, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
