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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, 7, Springfield Close, Ongar is a mid-century freehold house with 1,345 ft2 of internal area and sits on a 767 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Springfield Close, Ongar is £625,230 and the estimated rental value is £2,417 per month.
Springfield Close, Ongar, CM5 is located in the borough of Epping Forest within the CM5 postal district.
7, Springfield Close, Ongar has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property 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 7, Springfield Close, Ongar is in very good condition we estimate a sale value of £656,492 and a rental value of £2,538 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £581,464 and a rental value of £2,248 per month.
Over the last 12 months the sale value of 7 Springfield Close Ongar has decreased by an estimated £5,840 (0.9%) and its rental value has increased by an estimated £49 per month (2.0%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 7, Springfield Close, Ongar sits on a plot of 767m2.
We have plot size data on 33 out of 33 other houses in the postcode and 7, Springfield Close, Ongar sits on the 3rd largest plot.
7, Springfield Close, Ongar has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 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, Springfield Close, Ongar was last sold on 23rd August 2018 for £665,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2018, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Springfield Close, Ongar within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 3, Springfield Close, Ongar, CM5 0BB, a freehold house which sold for £790,000 on the 1st December 2022.
Read more about house prices in CM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Close, Ongar, CM5 has a total of 33 addresses. According to our analysis of all the public data, 7, Springfield Close, Ongar is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in CM5.
The closest station to 7, Springfield Close, Ongar is Epping station which is 9.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7, Springfield Close, Ongar, 38.3% of property is privately owned with a mortgage and 28.2% 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 7, Springfield Close, Ongar, 23.7% of residents are recorded as possessing school level qualifications and 26.3% 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, Springfield Close, Ongar, the average age was 42.4 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, Springfield Close, Ongar, 1.0% 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, Springfield Close, 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.
