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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Pelham Road, Braintree is a modern freehold house with 904 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Pelham Road, Braintree is £374,719 and the estimated rental value is £1,449 per month.
Pelham Road, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
1, Pelham Road, Braintree has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Pelham Road, Braintree is in very good condition we estimate a sale value of £393,455 and a rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,489 and a rental value of £1,347 per month.
Over the last 12 months the sale value of 1 Pelham Road Braintree has decreased by an estimated £8,987 (2.4%) and its rental value has increased by an estimated £39 per month (2.7%), giving an expected gross yield of 4.6%.
1, Pelham Road, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Pelham Road, Braintree was last sold on 28th April 2023 for £394,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Pelham Road, Braintree within a radius of 920 metres over the last 2 years.
The most recent example is 20, Sorrell Avenue, Braintree, CM7 5DH, a freehold house which sold for £380,000 on the 29th November 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pelham Road, Braintree, CM7 has a total of 23 addresses. According to our analysis of all the public data, 1, Pelham Road, Braintree is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in CM7.
The closest station to 1, Pelham Road, Braintree is Braintree station which is 2.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Pelham Road, Braintree, 53.4% of property is privately owned with a mortgage and 22.6% is privately owned outright.
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, Pelham Road, Braintree, 15.2% of residents are recorded as possessing school level qualifications and 22.1% 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, Pelham Road, 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, Pelham Road, 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, Pelham Road, Braintree, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
