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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, 12, Faraday Close, Braintree is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,159 ft2 of internal area and sits on a 300 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Faraday Close, Braintree is £427,824 and the estimated rental value is £1,522 per month.
Faraday Close, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
12, Faraday Close, Braintree has 2 entries in the Land Registry , most recently in June 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 12, Faraday Close, Braintree is in very good condition we estimate a sale value of £449,215 and a rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,876 and a rental value of £1,416 per month.
Over the last 12 months the sale value of 12 Faraday Close Braintree has decreased by an estimated £9,975 (2.3%) and its rental value has increased by an estimated £44 per month (2.9%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 12, Faraday Close, Braintree sits on a plot of 300m2.
We have plot size data on 19 out of 19 other houses in the postcode and 12, Faraday Close, Braintree sits on the 2nd largest plot.
According to HM Land Registry, 12, Faraday Close, Braintree was last sold on 30th June 2014 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2014, the market for similar properties has risen 47.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Faraday Close, Braintree within a radius of 560 metres over the last 2 years.
The most recent example is 22, Challis Lane, Braintree, CM7 1AN, a freehold house which sold for £412,500 on the 28th June 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faraday Close, Braintree, CM7 has a total of 19 addresses. According to our analysis of all the public data, 12, Faraday Close, Braintree is the largest and the most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in CM7.
The closest station to 12, Faraday Close, Braintree is Braintree station which is 700 metres 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 12, Faraday Close, Braintree, 59.9% of property is privately owned outright and 31.4% 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 12, Faraday Close, Braintree, 16.8% of residents are recorded as possessing school level qualifications and 25.7% 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 12, Faraday Close, Braintree, the average age was 40.9 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 12, Faraday Close, Braintree, 0.6% 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 12, Faraday Close, Braintree, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
