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According to the public record, 11, Smiths Yard, Braintree is a modern freehold house with 925 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 11, Smiths Yard, Braintree is £427,988 and the estimated rental value is £1,343 per month.
Smiths Yard, Great Bardfield, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
11, Smiths Yard, Braintree has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 11, Smiths Yard, Braintree is in very good condition we estimate a sale value of £449,387 and a rental value of £1,410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,028 and a rental value of £1,249 per month.
Over the last 12 months the sale value of 11 Smiths Yard Braintree has decreased by an estimated £8,854 (2.1%) and its rental value has increased by an estimated £36 per month (2.7%), giving an expected gross yield of 3.8%.
11, Smiths Yard, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 11, Smiths Yard, Braintree was last sold on 27th September 2024 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped 19.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Smiths Yard, Braintree within a radius of 4.6 kilometres over the last 2 years.
The most recent example is 1, Smiths Yard, Braintree, CM7 4FJ, a freehold house which sold for £445,000 on the 15th December 2023.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smiths Yard, Great Bardfield, Braintree, CM7 has a total of 11 addresses. According to our analysis of all the public data, 11, Smiths Yard, Braintree is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in CM7.
The closest station to 11, Smiths Yard, Braintree is Braintree station which is 11.2 kilometres away.
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 11, Smiths Yard, Braintree, 46.3% of property is socially rented and 25.9% 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 11, Smiths Yard, Braintree, 17.0% of residents are recorded as possessing school level qualifications and 25.6% 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 11, Smiths Yard, Braintree, the average age was 46.9 and the most common age was 57.
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 11, Smiths Yard, Braintree, 0.4% 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 11, Smiths Yard, Braintree, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.