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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
According to the public record, 2, Ridlands Close, Braintree is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 421 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ridlands Close, Braintree is £189,246 and the estimated rental value is £1,023 per month.
Ridlands Close, Cressing, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
2, Ridlands Close, Braintree has 21 entries in the Land Registry , most recently in August 2008 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 4 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, Ridlands Close, Braintree is in very good condition we estimate a sale value of £198,709 and a rental value of £1,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,999 and a rental value of £951 per month.
Over the last 12 months the sale value of 2 Ridlands Close Braintree has decreased by an estimated £5,485 (2.9%) and its rental value has increased by an estimated £23 per month (2.2%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 2, Ridlands Close, Braintree was last sold on 18th August 2008 for £145,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2008, the market for similar properties has risen 68.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ridlands Close, Braintree within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 130, Jeffreys Road, Braintree, CM77 8JJ, a freehold house which sold for £130,000 on the 26th April 2009.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridlands Close, Cressing, Braintree, CM77 has a total of 5 addresses. According to our analysis of all the public data, 2, Ridlands Close, Braintree is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in CM77.
The closest station to 2, Ridlands Close, Braintree is Cressing (Essex) station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Ridlands Close, Braintree, 46.6% of property is socially rented and 31.3% 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, Ridlands Close, Braintree, 11.3% of residents are recorded as possessing school level qualifications and 16.9% 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, Ridlands Close, Braintree, the average age was 39.9 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, Ridlands Close, Braintree, 0.3% 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, Ridlands Close, Braintree, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
