Sold STC Flat

FLAT 1

MERRYMEADE HOUSE, MERRYMEADE CHASE, BRENTWOOD, ESSEX CM15 9FE

1 beds 1 baths 721 sq ft Listed 7 May 2025 (-440d)

£155,250

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# 1 bedroom apartment for sale (CM15 9FE)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, MERRYMEADE HOUSE, MERRYMEADE CHASE, BRENTWOOD, ESSEX CM15 9FE |
| Price | £155,250 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 67 m² |
| Last sold | £152,000 Nov 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** D
- **Expiry date:** 22/05/2029
- **Current heating cost:** £719/year
- **Est. upgrade cost to C:** £14,500

### Recommendations
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- X (£500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8481-7625-6670-9417-8922)

## Description

45% SHARED OWNERSHIP – CHARMING GRADE II LISTED APARTMENT

Nestled within the picturesque and historic Merrymeade House, we are pleased to present this well maintained one-bedroom apartment, available on a 45% shared ownership basis.

Located on the lower ground floor, the property opens with a welcoming entrance hall that leads into a thoughtfully arranged layout, including an open-plan kitchen and living area, a generous double bedroom, and a stylish modern shower room. Externally, residents enjoy immaculately kept communal grounds, and this apartment also benefits from its own allocated parking space.

Positioned in a peaceful semi-rural setting surrounded by woodland and open fields, this home offers a rare blend of tranquillity and convenience. Despite its serene location, Merrymeade House is within easy walking distance of Brentwood town centre, offering a wealth of shopping, dining, and leisure opportunities. Both Brentwood and Shenfield mainline stations are also close by, providing direct connections into London and beyond.

Please note: A monthly rent of £309.67 is payable for the remaining 55% share.

**Lobby** - 2.7 x 2.3 (8'10" x 7'6") -

**Living Room** - 5.2 x 4.8 (17'0" x 15'8") -

**Bedroom** - 4.0 x 3.5 (13'1" x 11'5") -

**Shower Room** -

**Agents Note** - As part of the service we offer we may recommend ancillary services to you which we believe may help you with your property transaction.  We wish to make you aware, that should you decide to use these services we will receive a referral fee.  For full and detailed information please visit 'terms and conditions' on our website

## Property Photos

- ![Front.jpg](/listings/photos/161596214/1337930) - Front.jpg
- ![DSC_0651.jpg](/listings/photos/161596214/1337931) - DSC_0651.jpg
- ![DSC_0649.jpg](/listings/photos/161596214/1337932) - DSC_0649.jpg
- ![DSC_0648.jpg](/listings/photos/161596214/1337933) - DSC_0648.jpg
- ![DSC_0634.jpg](/listings/photos/161596214/1337934) - DSC_0634.jpg
- ![DSC_0638.jpg](/listings/photos/161596214/1337935) - DSC_0638.jpg
- ![DSC_0642.jpg](/listings/photos/161596214/1337936) - DSC_0642.jpg
- ![DSC_0646.jpg](/listings/photos/161596214/1337937) - DSC_0646.jpg

## Floorplans

- ![FP.jpg](/listings/photos/161596214/1337938) - FP.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/161596214/1337939) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MERRYMEADE HOUSE FLAT 1 MERRYMEADE CHASE, BRENTWOOD, ESSEX, CM15 9FE | £152,000 | 21/11/2025 | Flat |
| MERRYMEADE HOUSE FLAT 1 MERRYMEADE CHASE, BRENTWOOD, ESSEX, CM15 9FE | £135,000 | 05/10/2020 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE | £168,000 | 27/02/2026 | Flat |
| THE MEADS 1 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £317,500 | 09/01/2026 | Flat |
| ENDWAYS COURT 3 BURLAND ROAD, BRENTWOOD, ESSEX, CM15 9AS | £220,000 | 15/08/2025 | Flat |
| 17 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9AU | £240,000 | 17/03/2025 | Flat |
| 33 SAWYERS GROVE, BRENTWOOD, ESSEX, CM15 9BD | £370,000 | 10/12/2024 | Flat |
| 103 SAWYERS GROVE, BRENTWOOD, ESSEX, CM15 9BD | £425,000 | 29/11/2024 | Flat |
| THE MEADS 51 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £180,000 | 20/11/2023 | Flat |
| 25 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE | £226,000 | 20/11/2023 | Flat |
| WATERFORD HOUSE 5 HIGHLAND AVENUE, BRENTWOOD, ESSEX, CM15 9DD | £315,750 | 07/11/2023 | Flat |
| THE MEADS 36 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £360,000 | 19/10/2023 | Flat |
| HOLLY HOUSE FLAT 15 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP | £213,000 | 04/10/2023 | Flat |
| HOMEHURST HOUSE FLAT 48 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BU | £125,000 | 16/05/2023 | Flat |
| HOLLY HOUSE FLAT 15 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP | £200,000 | 19/04/2023 | Flat |
| BURGESS COURT FLAT 4 BURLAND ROAD, BRENTWOOD, ESSEX, CM15 9BL | £325,000 | 16/12/2022 | Flat |
| THE MEADS 9 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £340,000 | 02/12/2022 | Flat |
| 32 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE | £270,000 | 25/11/2022 | Flat |
| [Same street] MERRYMEADE HOUSE FLAT 9 MERRYMEADE CHASE, BRENTWOOD, ESSEX, CM15 9FE | £81,250 | 14/11/2022 | Flat |
| HOMEHURST HOUSE FLAT 41 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BU | £115,000 | 14/10/2022 | Flat |
| HOLLY HOUSE FLAT 7 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP | £240,000 | 13/10/2022 | Flat |
| THE MEADS 52 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £250,000 | 28/09/2022 | Flat |
| SPRINGFIELD FLAT 5 HIGHLAND AVENUE, BRENTWOOD, ESSEX, CM15 9DD | £211,000 | 16/09/2022 | Flat |

**Street average:** £81,250 (1 sale)
**Area average:** £255,563 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £418,717 (24 Flat, CM15, 2024–2026)
- **Deviation:** -62.9%

## Rental Range

*ONS Price Index of Private Rents (Brentwood). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,452/mo
- **Realistic:** £1,613/mo
- **Optimistic:** £1,774/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South West Essex (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Terraced House, Alfred Rd, CM14 | £850/mo | 1 | 0.45 miles | OpenRent |
| Studio Flat, Greding Walk, CM13 | £950/mo | 1 | 1.22 miles | OpenRent |

**Average rent: £900/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 7%
- **Cost-to-rent:** 14.4×
- **Monthly cashflow:** £174/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,317/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -5%
- **10y growth:** 40.6%

## House Price Index (HM Land Registry)

*Official index for Brentwood; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 0.2%
- **5y growth (index):** 0.9%
- **10y growth (index):** 13.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Shared ownership

Front.jpg DSC_0651.jpg DSC_0649.jpg DSC_0648.jpg DSC_0634.jpg DSC_0638.jpg DSC_0642.jpg DSC_0646.jpg

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Property details

Listing category

Shared ownership

Tenure

LEASEHOLD

Floor area

67 m²

Council tax band

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£152,000 Nov 2025

Price per m²

£2,317/m²

Local average

£418,717 (-62.9%)

Deprivation

Decile 7 (20,740 of 33,755)

Street crime

239 incidents within 1 mile (May 2026)

Additional details

Parking: Yes

Description

45% SHARED OWNERSHIP – CHARMING GRADE II LISTED APARTMENT
Nestled within the picturesque and historic Merrymeade House, we are pleased to present this well maintained one-bedroom apartment, available on a 45% shared ownership basis.

Located on the lower ground floor, the property opens with a welcoming entrance hall that leads into a thoughtfully arranged layout, including an open-plan kitchen and living area, a generous double bedroom, and a stylish modern shower room. Externally, residents enjoy immaculately kept communal grounds, and this apartment also benefits from its own allocated parking space.

Positioned in a peaceful semi-rural setting surrounded by woodland and open fields, this home offers a rare blend of tranquillity and convenience. Despite its serene location, Merrymeade House is within easy walking distance of Brentwood town centre, offering a wealth of shopping, dining, and leisure opportunities. Both Brentwood and Shenfield mainline stations are also close by, providing direct connections into London and beyond.

Please note: A monthly rent of £309.67 is payable for the remaining 55% share.

Lobby - 2.7 x 2.3 (8'10" x 7'6") -

Living Room - 5.2 x 4.8 (17'0" x 15'8") -

Bedroom - 4.0 x 3.5 (13'1" x 11'5") -

Shower Room -

Agents Note - As part of the service we offer we may recommend ancillary services to you which we believe may help you with your property transaction. We wish to make you aware, that should you decide to use these services we will receive a referral fee. For full and detailed information please visit 'terms and conditions' on our website

Listed by

Brentwood

Keith Ashton

Reference: 161596214

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: D

Inspection date: 23/05/2019

Expiry date: 22/05/2029

Current heating cost: £719/year

Potential heating cost: £458/year

Est. upgrade cost to C: £14,500

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (solid floor) (£4,000 - £6,000)
High performance external doors (£500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FP.jpg

EPC Graphs

EE Rating

Price history

13% since 2020

Event	Date	Price	% change
Sold	21/11/2025 (8 months ago)	£152,000	+12.6%
Sold	05/10/2020 (5 years ago)	£135,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
11 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE	£168,000	27/02/2026	Flat
THE MEADS 1 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL	£317,500	09/01/2026	Flat
ENDWAYS COURT 3 BURLAND ROAD, BRENTWOOD, ESSEX, CM15 9AS	£220,000	15/08/2025	Flat
17 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9AU	£240,000	17/03/2025	Flat
33 SAWYERS GROVE, BRENTWOOD, ESSEX, CM15 9BD	£370,000	10/12/2024	Flat
103 SAWYERS GROVE, BRENTWOOD, ESSEX, CM15 9BD	£425,000	29/11/2024	Flat
THE MEADS 51 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL	£180,000	20/11/2023	Flat
25 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE	£226,000	20/11/2023	Flat
WATERFORD HOUSE 5 HIGHLAND AVENUE, BRENTWOOD, ESSEX, CM15 9DD	£315,750	07/11/2023	Flat
THE MEADS 36 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL	£360,000	19/10/2023	Flat
HOLLY HOUSE FLAT 15 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP	£213,000	04/10/2023	Flat
HOMEHURST HOUSE FLAT 48 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BU	£125,000	16/05/2023	Flat
HOLLY HOUSE FLAT 15 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP	£200,000	19/04/2023	Flat
BURGESS COURT FLAT 4 BURLAND ROAD, BRENTWOOD, ESSEX, CM15 9BL	£325,000	16/12/2022	Flat
THE MEADS 9 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL	£340,000	02/12/2022	Flat
32 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE	£270,000	25/11/2022	Flat
Same street MERRYMEADE HOUSE FLAT 9 MERRYMEADE CHASE, BRENTWOOD, ESSEX, CM15 9FE	£81,250	14/11/2022	Flat
HOMEHURST HOUSE FLAT 41 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BU	£115,000	14/10/2022	Flat
HOLLY HOUSE FLAT 7 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP	£240,000	13/10/2022	Flat
THE MEADS 52 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL	£250,000	28/09/2022	Flat
SPRINGFIELD FLAT 5 HIGHLAND AVENUE, BRENTWOOD, ESSEX, CM15 9DD	£211,000	16/09/2022	Flat

Street average: £81,250 (1 sale)

Area average: £255,563 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -5%

10y growth 40.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Brentwood. Series: Flats and maisonettes. As of April 2026.

1y (index) 0.2%

5y (index) 0.9%

10y (index) 13.7%

Rental Range

Estimated market rent for Brentwood. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,452/mo

Realistic £1,613/mo

Optimistic £1,774/mo

Based on Local Authority from postcode lookup → Brentwood.

LHA (30th percentile) floor for South West Essex: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CM15 9FE

Address

Merrymeade Chase

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Highland Avenue	0.1 miles
Bus stop	Middleton Hall Lane	0.2 miles
Shop	Cole Martin Tregaskis	0.2 miles
Shop	Argos	0.3 miles
Train station	Brentwood	0.8 miles
Train station	Shenfield	1.1 miles
Hospital	Suttons Manor Hospital	5.8 miles
University	Writtle University College Cow Watering Campus	8.7 miles
University	Writtle School of Design	9.3 miles
Hospital	Phoenix Hospital	10.1 miles

Street-level crime

Category	Count
Violence and sexual offences	60
Shoplifting	46
Anti-social behaviour	33
Vehicle crime	26
Criminal damage and arson	25
Other theft	14
Drugs	13
Public order	9
Burglary	3
Other crime	3
Possession of weapons	3
Theft from the person	2
Bicycle theft	1
Robbery	1
Total incidents	239

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Thomas of Canterbury Church of England Aided Primary School, Brentwood	Primary	0.2 miles	Good — 9 Nov 2012
Brentwood School	Other	0.2 miles	— (No rating)
Becket Keys Church of England Free School	Secondary	0.3 miles	Outstanding — 16 Jun 2014
Grove House School	Other	0.3 miles	Good — 16 Jul 2018
St Helen's Catholic Junior School	Primary	0.3 miles	Good — 4 Sep 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Terraced House, Alfred Rd, CM14	£850/mo	1	0.45 miles	OpenRent
Studio Flat, Greding Walk, CM13	£950/mo	1	1.22 miles	OpenRent

Average rent: £900/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%

Max investor price (0.8%) £112,500

Target investor price (1%) £90,000

Gross yield 7%

Cost-to-rent ratio 14.4×

Monthly cashflow £174/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).