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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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According to the public record, 2, Hannay Street, Braintree is a modern freehold house with 1,280 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Hannay Street, Braintree is £407,669 and the estimated rental value is £1,715 per month.
Hannay Street, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
2, Hannay Street, Braintree has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 2, Hannay Street, Braintree is in very good condition we estimate a sale value of £428,053 and a rental value of £1,800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,132 and a rental value of £1,595 per month.
Over the last 12 months the sale value of 2 Hannay Street Braintree has decreased by an estimated £7,806 (1.9%) and its rental value has increased by an estimated £50 per month (2.9%), giving an expected gross yield of 5%.
2, Hannay Street, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2023.
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, 2, Hannay Street, Braintree was last sold on 29th June 2023 for £447,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hannay Street, Braintree within a radius of 780 metres over the last 2 years.
The most recent example is 11, Hannay Street, Braintree, CM7 2BQ, a freehold house which sold for £420,695 on the 18th December 2023.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hannay Street, Braintree, CM7 has a total of 16 addresses. According to our analysis of all the public data, 2, Hannay Street, Braintree is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in CM7.
The closest station to 2, Hannay Street, Braintree is Braintree station which is 1.5 kilometres away.
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 2, Hannay Street, Braintree, 49.8% of property is privately owned with a mortgage and 37.2% is privately owned outright.
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 2, Hannay Street, Braintree, 20.1% of residents are recorded as possessing school level qualifications and 30.1% 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 2, Hannay Street, 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 2, Hannay Street, Braintree, 1.1% 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 2, Hannay Street, Braintree, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
