Vernon Way - CM7 9TY
Key Postcode Insights
CM7 9TY is a residential postcode situated on Vernon Way, Braintree, CM7 with 29 addresses.
It ranks as the 983rd largest and 475th most expensive of the 1,240 postcodes in the CM7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £311,775
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £1,378pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
CM7 9TY is a residential postcode situated on Vernon Way, Braintree, CM7 with 29 addresses.
It ranks as the 983rd largest and 475th most expensive of the 1,240 postcodes in the CM7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £311,775
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £1,378pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin CM7 9TY
- 27 Vernon Way
Unknown
- 29 Vernon Way
Unknown
- 31 Vernon Way
3 Bed House
- 33 Vernon Way
Unknown
- 35 Vernon Way
Unknown
Sales Market Trends
The last sale in CM7 9TY sold for £316,000 on 21st February 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £311,775.
The CM7 9TY Sales Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £311,775 |
| June 2025 | 1.4% | £314,502 |
| June 2024 | -1.3% | £310,311 |
| June 2023 | -0.6% | £314,464 |
| June 2022 | 10.4% | £316,277 |
| June 2021 | 6.8% | £286,378 |
| June 2020 | -0.6% | £268,106 |
| June 2019 | -0.7% | £269,599 |
| June 2018 | 2.6% | £271,607 |
| June 2017 | 9.9% | £264,724 |
| June 2016 | 12.7% | £240,881 |
| June 2015 | 6.2% | £213,827 |
| June 2014 | 10.6% | £201,355 |
| June 2013 | 2% | £182,060 |
| June 2012 | 0% | £178,407 |
| June 2011 | 1.7% | £178,422 |
| June 2010 | 8.7% | £175,461 |
| June 2009 | -13.3% | £161,468 |
| June 2008 | -2.5% | £186,160 |
| June 2007 | 0% | £190,892 |
Rental Market Trends
The current average rental value in the postcode is £1,378.
The CM7 9TY Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,378pcm |
| June 2025 | 4.7% | £1,334pcm |
| June 2024 | 7.2% | £1,274pcm |
| June 2023 | 6.5% | £1,188pcm |
| June 2022 | 9.9% | £1,116pcm |
| June 2021 | 6.4% | £1,015pcm |
| June 2020 | 3.5% | £954pcm |
| June 2019 | 0.1% | £921pcm |
| June 2018 | 1.9% | £921pcm |
| June 2017 | 4.1% | £904pcm |
| June 2016 | 6.6% | £868pcm |
| June 2015 | 4.5% | £814pcm |
| June 2014 | 4% | £779pcm |
| June 2013 | 2.1% | £749pcm |
| June 2012 | 1.7% | £734pcm |
| June 2011 | 3.2% | £721pcm |
| June 2010 | 8.4% | £699pcm |
| June 2009 | -7.9% | £645pcm |
| June 2008 | 4.3% | £700pcm |
| June 2007 | 0% | £671pcm |
Sales History
The last sale was on 21st February 2025 for £316,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 32 sales since 1995.
CM7 9TY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£316,000 | 3 Bed House43, Vernon Way, Braintree, CM7 9TY43, Vernon Way, Braintree, CM7 9TY
- Sold Jul 2023£275,000 | 3 Bed House41, Vernon Way, Braintree, CM7 9TY41, Vernon Way, Braintree, CM7 9TY
- Sold Apr 2022£320,000 | 3 Bed House66, Vernon Way, Braintree, CM7 9TY66, Vernon Way, Braintree, CM7 9TY
- Sold Jan 2020£248,000 | 2 Bed House53, Vernon Way, Braintree, CM7 9TY53, Vernon Way, Braintree, CM7 9TY
- Sold Dec 2019£278,500 | 3 Bed House46, Vernon Way, Braintree, CM7 9TY46, Vernon Way, Braintree, CM7 9TY
Nearby Postcodes
CM7 9TY is the 983rd largest and the 475th most expensive postcode out of the 1,240 postcodes in the CM7 area.
- CM7 9TZ, Norris Close, Braintree, CM7CM7 9TZ14 Addresses|52 m away
- CM7 9TU, Vernon Way, Braintree, CM7CM7 9TU35 Addresses|111 m away
- CM7 9UB, Cavendish Gardens, Braintree, CM7CM7 9UB23 Addresses|121 m away
- CM7 9UD, Gilbert Way, Braintree, CM7CM7 9UD31 Addresses|130 m away
- CM7 9FF, Bridport Way, Braintree, CM7CM7 9FF21 Addresses|146 m away
Property Types
- 1 modern house built after 1980
- 13 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 13 other addresses of unknown type
- modern house (1)
- mid-century house (13)
- house (2)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (1)
- C (8)
- G (0)
- D (4)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Jun 2017£355,000 | 4 Bed House2, Vernon Way, Braintree, CM7 9TU2, Vernon Way, Braintree, CM7 9TU
- Sold Apr 2022£320,000 | 3 Bed House66, Vernon Way, Braintree, CM7 9TY66, Vernon Way, Braintree, CM7 9TY
- Sold Aug 2023£320,000 | 3 Bed House5, Vernon Way, Braintree, CM7 9TU5, Vernon Way, Braintree, CM7 9TU
Schools Nearby
- Lyons Hall School500 m away
- Great Bradfords Junior School700 m away
- Great Bradfords Infant and Nursery School700 m away
- Alec Hunter Academy1.7 km away
- Tabor Academy2.5 km away
- Notley High School and Braintree Sixth Form3.0 km away
More reading links
Public Transport Nearby
The closest station to CM7 9TY is Braintree station, which is 1.9 kilometres away.
- Braintree|1.9 km away
- Braintree Freeport|2.2 km away
- Cressing (Essex)|3.9 km away
- White Notley|5.6 km away
