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According to the public record, 2, Parnell Place, Braintree is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 614 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Parnell Place, Braintree is £180,719 and the estimated rental value is £908 per month.
Parnell Place, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
2, Parnell Place, Braintree has 2 entries in the Land Registry , most recently in May 2021 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.
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, Parnell Place, Braintree is in very good condition we estimate a sale value of £189,754 and a rental value of £953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,068 and a rental value of £844 per month.
Over the last 12 months the sale value of 2 Parnell Place Braintree has decreased by an estimated £3,496 (1.9%) and its rental value has increased by an estimated £31 per month (3.4%), giving an expected gross yield of 6%.
According to HM Land Registry, 2, Parnell Place, Braintree was last sold on 28th May 2021 for £171,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Parnell Place, Braintree within a radius of 430 metres over the last 2 years.
The most recent example is 14, Parnell Place, Braintree, CM7 3AE, a leasehold flat which sold for £180,000 on the 28th March 2025.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parnell Place, Braintree, CM7 has a total of 16 addresses. According to our analysis of all the public data, 2, Parnell Place, Braintree is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in CM7.
The closest station to 2, Parnell Place, Braintree is Braintree station which is 100 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, Parnell Place, Braintree, % of property is and % is .
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, Parnell Place, Braintree, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Parnell Place, 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 2, Parnell Place, Braintree, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.