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According to the public record, 18, Gresley Drive, Braintree is a modern freehold house with 645 ft2 of internal area and sits on a 78.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Gresley Drive, Braintree is £250,989 and the estimated rental value is £1,190 per month.
Gresley Drive, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
18, Gresley Drive, Braintree has 21 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 18, Gresley Drive, Braintree is in very good condition we estimate a sale value of £263,538 and a rental value of £1,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,420 and a rental value of £1,107 per month.
Over the last 12 months the sale value of 18 Gresley Drive Braintree has decreased by an estimated £6,621 (2.6%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 18, Gresley Drive, Braintree sits on a plot of 79m2.
We have plot size data on 7 out of 11 other houses in the postcode and 18, Gresley Drive, Braintree sits on the 5th largest plot.
18, Gresley Drive, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Gresley Drive, Braintree was last sold on 20th December 2017 for £225,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2017, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Gresley Drive, Braintree within a radius of 440 metres over the last 2 years.
The most recent example is 7, Wickham Crescent, Braintree, CM7 3BW, a freehold house which sold for £247,500 on the 16th August 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresley Drive, Braintree, CM7 has a total of 33 addresses. According to our analysis of all the public data, 18, Gresley Drive, Braintree is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in CM7.
The closest station to 18, Gresley Drive, Braintree is Braintree station which is 200 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Gresley Drive, Braintree, 75.6% of property is privately rented and 18.5% 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 18, Gresley Drive, Braintree, 12.3% of residents are recorded as possessing school level qualifications and 27.1% 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 18, Gresley Drive, Braintree, the average age was 40.4 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 18, Gresley Drive, 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 18, Gresley Drive, Braintree, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
