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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 116, Broad Road, Braintree is £555,614 and the estimated rental value is £1,777 per month.
Broad Road, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
116, Broad Road, Braintree has 21 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated July 2014.
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 116, Broad Road, Braintree is in very good condition we estimate a sale value of £583,395 and a rental value of £1,866 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £516,721 and a rental value of £1,653 per month.
Over the last 12 months the sale value of 116 Broad Road Braintree has decreased by an estimated £16,006 (2.9%) and its rental value has increased by an estimated £50 per month (2.8%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 116, Broad Road, Braintree sits on a plot of 520m2.
We have plot size data on 21 out of 27 other houses in the postcode and 116, Broad Road, Braintree sits on the 19th largest plot.
116, Broad Road, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 116, Broad Road, Braintree was last sold on 20th May 2015 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 28.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Broad Road, Braintree within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 81, Broad Road, Braintree, CM7 9RZ, a freehold house which sold for £675,000 on the 29th September 2023.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Road, Braintree, CM7 has a total of 182 addresses. According to our analysis of all the public data, 116, Broad Road, Braintree is the 33rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £226k more expensive than the average property in CM7.
The closest station to 116, Broad Road, Braintree is Braintree station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 116, Broad Road, Braintree, 54.5% of property is privately owned outright and 26.2% 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 116, Broad Road, Braintree, 17.8% of residents are recorded as possessing school level qualifications and 20.6% 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 116, Broad 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 116, Broad Road, Braintree, 1.7% 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 116, Broad 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.