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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, Hereward Way, Braintree is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 974 ft2 of internal area and sits on a 504 m2 plot 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, Hereward Way, Braintree is £397,005 and the estimated rental value is £1,393 per month.
Hereward Way, Wethersfield, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
2, Hereward Way, Braintree has 3 entries in the Land Registry , most recently in May 2012 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 3 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 2, Hereward Way, Braintree is in very good condition we estimate a sale value of £416,855 and a rental value of £1,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,214 and a rental value of £1,295 per month.
Over the last 12 months the sale value of 2 Hereward Way Braintree has decreased by an estimated £9,521 (2.4%) and its rental value has increased by an estimated £37 per month (2.7%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 2, Hereward Way, Braintree sits on a plot of 504m2.
We have plot size data on 38 out of 40 other houses in the postcode and 2, Hereward Way, Braintree sits on the 8th largest plot.
According to HM Land Registry, 2, Hereward Way, Braintree was last sold on 4th May 2012 for £217,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2012, the market for similar properties has risen 57.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hereward Way, Braintree within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 26, Hereward Way, Braintree, CM7 4EG, a freehold house which sold for £425,000 on the 21st October 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hereward Way, Wethersfield, Braintree, CM7 has a total of 40 addresses. According to our analysis of all the public data, 2, Hereward Way, Braintree is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in CM7.
The closest station to 2, Hereward Way, Braintree is Braintree station which is 9.9 kilometres 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 2, Hereward Way, Braintree, 51.8% of property is privately owned outright and 38.6% 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 2, Hereward Way, Braintree, 10.1% of residents are recorded as possessing school level qualifications and 33.4% 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, Hereward Way, Braintree, the average age was 46.9 and the most common age was 57.
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, Hereward Way, Braintree, 0.6% 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, Hereward Way, 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.
