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According to the public record, 2, The Paddocks, Braintree is a modern freehold house with 2,088 ft2 of internal area and sits on a 384 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Paddocks, Braintree is £765,535 and the estimated rental value is £2,198 per month.
The Paddocks, Rayne, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
2, The Paddocks, Braintree has a single entry in the Land Registry from March 2009 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, The Paddocks, Braintree is in very good condition we estimate a sale value of £803,811 and a rental value of £2,308 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £711,947 and a rental value of £2,044 per month.
Over the last 12 months the sale value of 2 The Paddocks Braintree has decreased by an estimated £20,716 (2.7%) and its rental value has increased by an estimated £59 per month (2.7%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 2, The Paddocks, Braintree sits on a plot of 384m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, The Paddocks, Braintree sits on the 2nd largest plot.
2, The Paddocks, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, The Paddocks, Braintree was last sold on 5th March 2009 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2009, the market for similar properties has risen 75.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Paddocks, Braintree within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Oak Tree Place, The Street, Braintree, CM77 6RN, a freehold house which sold for £891,015 on the 20th July 2022.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddocks, Rayne, Braintree, CM77 has a total of 6 addresses. According to our analysis of all the public data, 2, The Paddocks, Braintree is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £340k more expensive than the average property in CM77.
The closest station to 2, The Paddocks, Braintree is Braintree station which is 3.1 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, The Paddocks, Braintree, 61.5% of property is privately owned outright and 31.2% 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, The Paddocks, Braintree, 16.2% of residents are recorded as possessing school level qualifications and 30.9% 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, The Paddocks, 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, The Paddocks, Braintree, 1.2% 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, The Paddocks, Braintree, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
