# 5 bedroom detached house for sale (CM11 2TN) ## Property Details | Key | Value | |-----|-------| | Address | 15 COOPERS DRIVE, BILLERICAY, ESSEX CM11 2TN | | Price | £650,000 | | Bedrooms | 5 | | Bathrooms | 2 | | Council tax | TBC | | Last sold | £630,000 Sep 2024 | ## Description ** GUIDE PRICE £650,0000 - £700,0000 ** Situated in this desirable cul-de-sac, only 1.3 miles to Billericay railway station, is this wonderful five bedroom family home. The property benefits from spacious accommodation throughout, including two reception rooms, conservatory, kitchen/breakfast room, utility room, integral garage, five bedrooms, en suite and family bathroom. Externally benefitting from it's own driveway, allowing off street parking for multiple vehicles, intergral garage and secluded rear garden. ## Property Photos - ![Picture No. 42](/listings/photos/132795566/1628844) - Picture No. 42 - ![Picture No. 36](/listings/photos/132795566/1628845) - Picture No. 36 - ![Picture No. 32](/listings/photos/132795566/1628846) - Picture No. 32 - ![Picture No. 19](/listings/photos/132795566/1628847) - Picture No. 19 - ![Picture No. 20](/listings/photos/132795566/1628848) - Picture No. 20 - ![Picture No. 21](/listings/photos/132795566/1628849) - Picture No. 21 - ![Picture No. 14](/listings/photos/132795566/1628850) - Picture No. 14 - ![Picture No. 16](/listings/photos/132795566/1628851) - Picture No. 16 - ![Picture No. 01](/listings/photos/132795566/1628852) - Picture No. 01 - ![Picture No. 13](/listings/photos/132795566/1628853) - Picture No. 13 - ![Picture No. 30](/listings/photos/132795566/1628854) - Picture No. 30 - ![Picture No. 07](/listings/photos/132795566/1628855) - Picture No. 07 - ![Picture No. 24](/listings/photos/132795566/1628856) - Picture No. 24 - ![Picture No. 27](/listings/photos/132795566/1628857) - Picture No. 27 - ![Picture No. 11](/listings/photos/132795566/1628858) - Picture No. 11 - ![Picture No. 04](/listings/photos/132795566/1628859) - Picture No. 04 ## Floorplans - ![Floorplan](/listings/photos/132795566/1628860) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 15 COOPERS DRIVE, BILLERICAY, BASILDON, ESSEX, CM11 2TN | £630,000 | 27/09/2024 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 100 KENNEL LANE, BILLERICAY, BASILDON, ESSEX, CM11 2ST | £677,500 | 13/05/2024 | Detached | | 34 FRODEN BROOK, BILLERICAY, BASILDON, ESSEX, CM11 2TW | £665,000 | 25/10/2022 | Detached | | 63 GRANGE ROAD, BILLERICAY, BASILDON, ESSEX, CM11 2RQ | £540,000 | 18/10/2022 | Detached | | 7 TRINITY CLOSE, BILLERICAY, BASILDON, ESSEX, CM11 2RZ | £358,000 | 06/10/2022 | Detached | | 30 FRODEN BROOK, BILLERICAY, BASILDON, ESSEX, CM11 2TW | £670,000 | 22/09/2022 | Detached | | 1 MAGNOLIAS, BILLERICAY, BASILDON, ESSEX, CM11 2SH | £850,000 | 30/08/2022 | Detached | | 78 TRINITY ROAD, BILLERICAY, BASILDON, ESSEX, CM11 2RY | £644,000 | 30/06/2022 | Detached | | 36 FRODEN BROOK, BILLERICAY, BASILDON, ESSEX, CM11 2TW | £565,000 | 23/06/2022 | Detached | | 20 FRODEN BROOK, BILLERICAY, BASILDON, ESSEX, CM11 2TW | £670,000 | 06/06/2022 | Detached | | 131 PASSINGHAM AVENUE, BILLERICAY, BASILDON, ESSEX, CM11 2TA | £775,000 | 11/05/2022 | Detached | | 5 FRODEN CLOSE, BILLERICAY, BASILDON, ESSEX, CM11 2TY | £560,000 | 17/12/2021 | Detached | | 97 KENNEL LANE, BILLERICAY, BASILDON, ESSEX, CM11 2SW | £571,000 | 10/12/2021 | Detached | | 37A KENNEL LANE, BILLERICAY, BASILDON, ESSEX, CM11 2SN | £445,000 | 01/09/2021 | Detached | | 12 HAMMONDS LANE, BILLERICAY, BASILDON, ESSEX, CM11 2SZ | £368,000 | 16/08/2021 | Detached | **Area average:** £597,036 (14 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £698,159 (22 Detached, CM11, 2024–2026) - **Deviation:** -6.9% ## Rental Range *ONS Price Index of Private Rents (Basildon). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,274/mo - **Realistic:** £1,416/mo - **Optimistic:** £1,558/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for South West Essex (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,496/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 | |------|------|------|------|------| | 5 Bed Semi-Detached House, Tyrone Close, CM11 | £3,500/mo | 5 | 0.15 miles | OpenRent | **Average rent: £3,500/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.54% (weak for cashflow) - **Max investor price (0.8%):** £437,500 - **Target investor price (1%):** £350,000 *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 £3,500/mo).* - **Gross yield:** 6.5% - **Cost-to-rent:** 15.5× - **Monthly cashflow:** £565/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3.6% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -45.3% - **10y growth:** -10.9% ## House Price Index (HM Land Registry) *Official index for Basildon; Detached series; as of April 2026.* - **1y growth (index):** -1.3% - **5y growth (index):** 13.4% - **10y growth (index):** 34.1% ## 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)