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Silks Way is a residential street with 42 addresses.
It ranks as the 628th largest and 30th most expensive of the 779 streets in the CM7 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 42 properties: 42 flats.
Silks Way is a residential street with 42 addresses.
It ranks as the 628th largest and 30th most expensive of the 779 streets in the CM7 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 42 properties: 42 flats.
Sale prices range from £115,278 for 1 bedroom leasehold flats (290 ft2) to £194,951 for 3 bedroom leasehold flats (957 ft2) .
Monthly rental prices range from £619 pcm for 1 bed flats to £1,123 pcm for 3 bed flats.
The gross rental yield is between 6.4% and 7.0%.
The average value per square foot is £284.
The last sale on Silks Way sold for £85,000 on 28th August 2025. Since then prices are down an average of 2.6%.
The current average value in the street is £149,372.
The Silks Way Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £149,372 |
| May 2025 | -0.7% | £151,039 |
| May 2024 | -0.4% | £152,056 |
| May 2023 | -0.4% | £152,732 |
| May 2022 | 7.7% | £153,272 |
| May 2021 | 3.4% | £142,282 |
| May 2020 | -0.7% | £137,631 |
| May 2019 | -1.1% | £138,640 |
| May 2018 | 1.7% | £140,172 |
| May 2017 | 8.1% | £137,823 |
| May 2016 | 12.9% | £127,551 |
| May 2015 | 5.2% | £113,016 |
| May 2014 | 7.8% | £107,474 |
| May 2013 | 1.2% | £99,710 |
| May 2012 | -1.8% | £98,549 |
| May 2011 | 0.3% | £100,312 |
| May 2010 | 4.6% | £100,023 |
| May 2009 | -15.1% | £95,591 |
| May 2008 | -1.5% | £112,554 |
| May 2007 | 0% | £114,269 |
The current average rental value in the street is £834.
The Silks Way Rental Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £834pcm |
| May 2025 | 3.1% | £803pcm |
| May 2024 | 8.8% | £779pcm |
| May 2023 | 5.6% | £716pcm |
| May 2022 | 7.4% | £678pcm |
| May 2021 | 2.7% | £631pcm |
| May 2020 | 3.4% | £615pcm |
| May 2019 | -0.1% | £595pcm |
| May 2018 | 0.7% | £595pcm |
| May 2017 | 2.1% | £591pcm |
| May 2016 | 6.7% | £579pcm |
| May 2015 | 3% | £543pcm |
| May 2014 | 2% | £526pcm |
| May 2013 | 1.5% | £516pcm |
| May 2012 | 0.2% | £509pcm |
| May 2011 | 1.4% | £508pcm |
| May 2010 | 4.1% | £501pcm |
| May 2009 | -8.7% | £481pcm |
| May 2008 | 4.4% | £527pcm |
| May 2007 | 0% | £505pcm |
The last sale was on 28th August 2025 for £85,000 and since then the market in the area has decreased by 2.6%. The street has had a total of 92 sales since 1995.
Silks Way, Braintree, CM7 has seen 3 sales in the last three years and 1 sale in the last twelve months.
Silks Way, Braintree, CM7 is the 628th largest and the 30th most expensive street in the CM7 area.
There are 2 postcodes on Silks Way, Braintree, CM7.
The closest station to Silks Way, Braintree, CM7 is Braintree station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Silks Way, Braintree, CM7, 64.4% of property is privately rented and 12.5% is privately owned with a mortgage.
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 Silks Way, Braintree, CM7, 13.9% of residents are recorded as possessing school level qualifications and 23.2% 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 Silks Way, Braintree, CM7, the average age was 40.4 and the most common age was 32.
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 Silks Way, Braintree, CM7, 0.2% 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 Silks Way, Braintree, CM7, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.