18, Elizabeth Lockhart Way
18, Elizabeth Lockhart Way
Description & Estimates
18, Elizabeth Lockhart Way, Braintree is recorded publicly as a modern freehold house across 1,022 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 18, Elizabeth Lockhart Way, Braintree is £427,293 and its rental estimate is £1,505 per month, given the available information and assuming reasonable condition.
Elizabeth Lockhart Way, Braintree, CM7 falls within the CM7 postal district, in the borough of Braintree.
Our Data Sources
18, Elizabeth Lockhart Way, Braintree has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated June 2023.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18, Elizabeth Lockhart Way, Braintree, we estimate a market value of £448,658 and a rental value of £1,580 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £397,383 and £1,400 per month respectively.
Recent Market Change
Over the last year, 18, Elizabeth Lockhart Way, Braintree has seen its estimated sale value fall by £8,840 (2.1%) and its estimated rental value move up by £41 per month (2.7%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
18, Elizabeth Lockhart Way, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18, Elizabeth Lockhart Way, Braintree completed on 15th February 2024 at £510,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.9% over the period since February 2024.
- Sold Feb 2024£510,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Elizabeth Lockhart Way, Braintree have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2023, was 21, Elizabeth Lockhart Way, Braintree, CM7 9RH, a freehold house which sold for £395,000.
Read more about house prices in CM7.
- Sold Sep 2023£395,000 | 3 Bed House21, Elizabeth Lockhart Way, Braintree, CM7 9RH21, Elizabeth Lockhart Way, Braintree, CM7 9RH
- Sold Aug 2023£395,000 | 3 Bed House23, Elizabeth Lockhart Way, Braintree, CM7 9RH23, Elizabeth Lockhart Way, Braintree, CM7 9RH
- Sold Mar 2023£500,000 | 3 Bed House29, Elizabeth Lockhart Way, Braintree, CM7 9RH29, Elizabeth Lockhart Way, Braintree, CM7 9RH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 24 addresses on Elizabeth Lockhart Way, Braintree, CM7, 18, Elizabeth Lockhart Way, Braintree comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £96k more expensive than the average property across the CM7 district.
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Schools Nearby
- 700mGreat Bradfords Junior School
- 700mGreat Bradfords Infant and Nursery School
- 1.3kmJohn Bunyan Primary School and Nursery
- 1.6kmTabor Academy
- 2.2kmAlec Hunter Academy
- 2.8kmNotley High School and Braintree Sixth Form
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Public Transport Nearby
From 18, Elizabeth Lockhart Way, Braintree, the nearest station is Braintree, 1.7 kilometres away.
- 1.7kmBraintree
- 2.4kmBraintree Freeport
- 4.4kmCressing (Essex)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
