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According to the public record, 1, Grove Field, Braintree is a mid-century freehold house with 3,681 ft2 of internal area and sits on a 1,719 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Grove Field, Braintree is £907,054 and the estimated rental value is £2,635 per month.
Grove Field, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
1, Grove Field, Braintree has 2 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Grove Field, Braintree is in very good condition we estimate a sale value of £952,407 and a rental value of £2,767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £843,561 and a rental value of £2,451 per month.
Over the last 12 months the sale value of 1 Grove Field Braintree has decreased by an estimated £26,131 (2.9%) and its rental value has increased by an estimated £73 per month (2.8%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 1, Grove Field, Braintree sits on a plot of 1719m2.
We have plot size data on 17 out of 18 other houses in the postcode and 1, Grove Field, Braintree sits on the 3rd largest plot.
1, Grove Field, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2020.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Grove Field, Braintree was last sold on 9th February 2021 for £800,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2021, the market for similar properties has dropped 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Grove Field, Braintree within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 5A, Grove Field, Braintree, CM7 5NS, a freehold house which sold for £755,000 on the 1st June 2018.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Field, Braintree, CM7 has a total of 18 addresses. According to our analysis of all the public data, 1, Grove Field, Braintree is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £577k more expensive than the average property in CM7.
The closest station to 1, Grove Field, Braintree is Braintree station which is 3.9 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Grove Field, Braintree, 56.3% of property is privately owned outright and 35.8% 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 1, Grove Field, Braintree, 15.7% of residents are recorded as possessing school level qualifications and 28.8% 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 1, Grove Field, Braintree, the average age was 43.5 and the most common age was 52.
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 1, Grove Field, Braintree, 0.7% 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 1, Grove Field, Braintree, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.