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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, Lea Close, Braintree is a modern leasehold house with 505 ft2 of internal area.
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 2, Lea Close, Braintree is £238,811 and the estimated rental value is £1,062 per month.
Lea Close, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
2, Lea Close, Braintree has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property 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, Lea Close, Braintree is in very good condition we estimate a sale value of £250,751 and a rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,094 and a rental value of £988 per month.
Over the last 12 months the sale value of 2 Lea Close Braintree has decreased by an estimated £6,299 (2.6%) and its rental value has increased by an estimated £26 per month (2.4%), giving an expected gross yield of 5.3%.
2, Lea Close, Braintree has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2015.
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, 2, Lea Close, Braintree was last sold on 31st March 2016 for £172,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lea Close, Braintree within a radius of 970 metres over the last 2 years.
The most recent example is 23, Thames Close, Braintree, CM7 3XL, a leasehold house which sold for £185,000 on the 28th September 2021.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Close, Braintree, CM7 has a total of 14 addresses. According to our analysis of all the public data, 2, Lea Close, Braintree is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in CM7.
The closest station to 2, Lea Close, Braintree is Braintree Freeport station which is 800 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 2, Lea Close, Braintree, 47.3% of property is privately owned outright and 29.5% 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 2, Lea Close, Braintree, 12.4% of residents are recorded as possessing school level qualifications and 21.7% 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, Lea Close, Braintree, the average age was 39.4 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 2, Lea Close, Braintree, 1.5% 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, Lea Close, Braintree, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
