2, Gore Terrace
2, Gore Terrace
Description & Estimates
According to the public record, 2, Gore Terrace, Braintree is a freehold house that sits on a 156 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 749 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gore Terrace, Braintree is £322,559 and the estimated rental value is £1,363 per month.
Gore Terrace, Rayne, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
Our Data Sources
2, Gore Terrace, Braintree has 21 entries in the Land Registry , most recently in June 2018 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2, Gore Terrace, Braintree is in very good condition we estimate a sale value of £338,687 and a rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,980 and a rental value of £1,267 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Gore Terrace, Braintree has dropped by £5,552 (1.7%), while its estimated rental value has risen by £39 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 2, Gore Terrace, Braintree sits on a plot of 156 m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Gore Terrace, Braintree sits on the 4th largest plot.
Sold Prices
According to HM Land Registry, 2, Gore Terrace, Braintree was last sold on 11th June 2018 for £247,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2018, the market for similar properties has risen by 22.1%.
- Sold Jun 2018£247,500
- Sold Dec 2004£135,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gore Terrace, Braintree within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 11, Gore Lane, Braintree, CM77 6TU, a freehold house which sold for £276,000 on the 6th January 2022.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Gore Terrace, Rayne, Braintree, CM77 has a total of 9 addresses. According to our analysis of all the public data, 2, Gore Terrace, Braintree is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in CM77.
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Schools Nearby
- 600mRayne Primary and Nursery School
- 1.6kmNotley Green Primary School
- 1.8kmSt Michael's Church of England Voluntary Aided Primary School
- 2.2kmTabor Academy
- 2.7kmNotley High School and Braintree Sixth Form
- 4.3kmAlec Hunter Academy
More reading links
Public Transport Nearby
The closest station to 2, Gore Terrace, Braintree is Braintree station, which is 3.0 kilometres away.
- 3.0kmBraintree
- 3.8kmBraintree Freeport
- 5.1kmCressing (Essex)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
