Silks Way - CM7 3GB
Key Postcode Insights
CM7 3GB is a residential postcode situated on Silks Way, Braintree, CM7 with 24 addresses.
It ranks as the 873rd largest and 71st most expensive of the 1,240 postcodes in the CM7 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
- Ave. Sale Price
- £160,162
- 10 Year change
- up 17.1%
- Ave. Rental Price
- £912pcm
- 10 Year change
- up 43.5%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
CM7 3GB is a residential postcode situated on Silks Way, Braintree, CM7 with 24 addresses.
It ranks as the 873rd largest and 71st most expensive of the 1,240 postcodes in the CM7 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
- Ave. Sale Price
- £160,162
- 10 Year change
- up 17.1%
- Ave. Rental Price
- £912pcm
- 10 Year change
- up 43.5%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin CM7 3GB
- New Mills
Modern Building | 12 Units
- Warners Mill
Period Building | 11 Units
- 1A Silks Way
Flat
Sales Market Trends
The last sale in CM7 3GB sold for £80,000 on 8th January 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £160,162.
The CM7 3GB Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £160,162 |
| June 2025 | -0.8% | £160,462 |
| June 2024 | 0% | £161,699 |
| June 2023 | -1.2% | £161,753 |
| June 2022 | 7.8% | £163,697 |
| June 2021 | 3.2% | £151,885 |
| June 2020 | -0.5% | £147,198 |
| June 2019 | -1.1% | £147,916 |
| June 2018 | 1.7% | £149,524 |
| June 2017 | 7.5% | £147,070 |
| June 2016 | 12.5% | £136,752 |
| June 2015 | 5.1% | £121,519 |
| June 2014 | 8.8% | £115,642 |
| June 2013 | 1.7% | £106,329 |
| June 2012 | -2.1% | £104,584 |
| June 2011 | 0% | £106,796 |
| June 2010 | 5.5% | £106,749 |
| June 2009 | -14.3% | £101,225 |
| June 2008 | -3.4% | £118,139 |
| June 2007 | 0% | £122,237 |
Rental Market Trends
The current average rental value in the postcode is £912.
The CM7 3GB Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £912pcm |
| June 2025 | 2.5% | £877pcm |
| June 2024 | 8.5% | £856pcm |
| June 2023 | 5.8% | £789pcm |
| June 2022 | 7.3% | £745pcm |
| June 2021 | 2.8% | £694pcm |
| June 2020 | 3.6% | £675pcm |
| June 2019 | -0.3% | £652pcm |
| June 2018 | 0.9% | £653pcm |
| June 2017 | 1.8% | £647pcm |
| June 2016 | 6.5% | £636pcm |
| June 2015 | 3.4% | £597pcm |
| June 2014 | 2.3% | £578pcm |
| June 2013 | 1.7% | £565pcm |
| June 2012 | -0.3% | £555pcm |
| June 2011 | 1.5% | £557pcm |
| June 2010 | 5.2% | £549pcm |
| June 2009 | -9% | £522pcm |
| June 2008 | 3.5% | £573pcm |
| June 2007 | 0% | £554pcm |
Sales History
The last sale was on 8th January 2025 for £80,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 36 sales since 1995.
CM7 3GB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2025£80,000 | 1 Bed FlatFlat 12, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 12, Warners Mill, Silks Way, Braintree, CM7 3GB
- Sold Dec 2022£175,000 | 2 Bed FlatFlat 13, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 13, Warners Mill, Silks Way, Braintree, CM7 3GB
- Sold Nov 2022£168,000 | 3 Bed FlatFlat 11, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 11, Warners Mill, Silks Way, Braintree, CM7 3GB
- Sold Mar 2022£159,000 | 2 Bed FlatFlat 17, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 17, Warners Mill, Silks Way, Braintree, CM7 3GB
- Sold Feb 2021£158,000 | 2 Bed FlatFlat 10, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 10, Warners Mill, Silks Way, Braintree, CM7 3GB
Nearby Postcodes
CM7 3GB is the 873rd largest and the 71st most expensive postcode out of the 1,240 postcodes in the CM7 area.
- CM7 1JR, Chelsea Mews, Braintree, CM7CM7 1JR5 Addresses|55 m away
- CM7 3RJ, St. Michaels Court, Braintree, CM7CM7 3RJ20 Addresses|57 m away
- CM7 3QD, South Street, Braintree, CM7CM7 3QD12 Addresses|59 m away
- CM7 3GA, Silks Way, Braintree, CM7CM7 3GA18 Addresses|77 m away
- CM7 1HA, Notley Road, Braintree, CM7CM7 1HA27 Addresses|80 m away
Property Types
- 11 period flats built between 1800 and 1911
- 12 modern flats built after 1980
- 1 other address of unknown type
- period flat (11)
- modern flat (12)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (1)
- C (3)
- G (0)
- D (12)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2006£180,000 | 3 Bed FlatFlat 11, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 11, Warners Mill, Silks Way, Braintree, CM7 3GB
- Sold Dec 2022£175,000 | 2 Bed FlatFlat 13, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 13, Warners Mill, Silks Way, Braintree, CM7 3GB
- Sold Aug 2018£168,500 | 2 Bed FlatFlat 16, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 16, Warners Mill, Silks Way, Braintree, CM7 3GB
Schools Nearby
- St Francis Catholic Primary School, Braintree800 m away
- St Michael's Church of England Voluntary Aided Primary School900 m away
- John Ray Junior School1.0 km away
- Notley High School and Braintree Sixth Form1.1 km away
- Tabor Academy1.3 km away
- Alec Hunter Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to CM7 3GB is Braintree station, which is 300 metres away.
- Braintree|300 m away
- Braintree Freeport|1.3 km away
- Cressing (Essex)|3.2 km away
- White Notley|5.1 km away
