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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
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Public records show 18, Hance Lane, Braintree to be a mid-century freehold house with 828 ft2 of internal area, sitting on a 184 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
18, Hance Lane, Braintree has an estimated sale value of £310,453 and an estimated rental value of £1,499 per month, assuming reasonable condition and based on the information available.
Hance Lane, Rayne, Braintree, CM77 lies in the borough of Braintree, within the CM77 postal district.
18, Hance Lane, Braintree has 61 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated January 2017.
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.
In very good condition, we estimate 18, Hance Lane, Braintree would be worth £325,975, with a potential rental value of £1,574 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £288,721, with a rental value of £1,394 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 18, Hance Lane, Braintree has fallen by £5,344 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £43 (2.9%). The property's estimated gross yield is currently 5.8%.
18, Hance Lane, Braintree occupies a 184 m2 plot as recorded by HM Land Registry.
Of the 24 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 16th largest.
18, Hance Lane, Braintree has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
18, Hance Lane, Braintree last changed hands on 19th August 2022, selling for £320,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 6 times since 1995.
The market for similar properties has risen by 1.8% since August 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 18, Hance Lane, Braintree across the last 2 years.
Most recently, 13, Hance Lane, Braintree, CM77 6TH, a freehold house, sold at £312,000 on the 10th May 2024.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 18, Hance Lane, Braintree as the 18th largest and the 17th most expensive of the 24 addresses on Hance Lane, Rayne, Braintree, CM77.
Against the CM77 postcode district average, it is £118k less expensive than the typical property.
Braintree station is the nearest stop to 18, Hance Lane, Braintree at 3.2 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Hance Lane, Braintree, 46.6% of property is privately owned outright and 43.2% 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 18, Hance Lane, Braintree, 14.6% of residents are recorded as possessing school level qualifications and 27.8% 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, Hance Lane, Braintree, the average age was 41.8 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 18, Hance Lane, 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 18, Hance Lane, 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.
