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Company No. 11113204
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According to the public record, 17, Spalding Close, Braintree is a modern leasehold house with 947 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 17, Spalding Close, Braintree is £176,305 and the estimated rental value is £915 per month.
Spalding Close, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
17, Spalding Close, Braintree has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated November 2020.
We combine this information with that 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.
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 17, Spalding Close, Braintree is in very good condition we estimate a sale value of £185,120 and a rental value of £961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,963 and a rental value of £851 per month.
Over the last 12 months the sale value of 17 Spalding Close Braintree has decreased by an estimated £4,228 (2.4%) and its rental value has increased by an estimated £24 per month (2.7%), giving an expected gross yield of 6.2%.
17, Spalding Close, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Nov 2020.
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, 17, Spalding Close, Braintree was last sold on 18th December 2020 for £160,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 570 metres radius of 17, Spalding Close, Braintree over the last 2 years.
The most recent example is 32, Coldnailhurst Avenue, Braintree, CM7 2SJ, a freehold house which sold for £300,000 on the 22nd May 2017.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spalding Close, Braintree, CM7 has a total of 11 addresses. According to our analysis of all the public data, 17, Spalding Close, Braintree is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in CM7.
The closest station to 17, Spalding Close, Braintree is Braintree station which is 1.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Spalding Close, Braintree, 66.7% of property is socially rented and 13.3% 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 17, Spalding Close, Braintree, 26.3% of residents are recorded as possessing school level qualifications and 15.6% 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 17, Spalding Close, Braintree, the average age was 39.3 and the most common age was 32.
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 17, Spalding Close, Braintree, 0.0% 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 17, Spalding Close, Braintree, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
