1, Old Challis Rise
1, Old Challis Rise
Description & Estimates
The public record describes 1, Old Challis Rise, Braintree as a modern apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1, Old Challis Rise, Braintree has an estimated sale value of £125,656 and an estimated rental value of £781 per month, assuming reasonable condition and based on the information available.
Old Challis Rise, Rayne, Braintree, CM77 lies in the borough of Braintree, within the CM77 postal district.
Our Data Sources
1, Old Challis Rise, Braintree has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Old Challis Rise, Braintree would be worth £131,939, with a potential rental value of £820 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £116,860, with a rental value of £727 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Old Challis Rise, Braintree has dropped by £1,656 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (3.0%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
1, Old Challis Rise, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 1.9 kilometres of 1, Old Challis Rise, Braintree across the last 2 years.
Most recently, 41, Foundry Way, Braintree, CM77 6AE, a freehold house, sold at £270,000 on the 30th January 2024.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Old Challis Rise, Braintree as the 31st largest and the 31st most expensive of the 32 addresses on Old Challis Rise, Rayne, Braintree, CM77.
Against the CM77 postcode district average, it is £303k less expensive than the typical property.
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Schools Nearby
- 200mRayne Primary and Nursery School
- 2.0kmNotley Green Primary School
- 2.2kmSt Michael's Church of England Voluntary Aided Primary School
- 2.5kmTabor Academy
- 3.2kmNotley High School and Braintree Sixth Form
- 4.7kmAlec Hunter Academy
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Public Transport Nearby
Braintree station is the nearest stop to 1, Old Challis Rise, Braintree at 3.4 kilometres away.
- 3.4kmBraintree
- 4.2kmBraintree Freeport
- 5.6kmCressing (Essex)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
