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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Friars Lane, Braintree is £507,423 and the estimated rental value is £1,680 per month.
Friars Lane, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
23, Friars Lane, Braintree has 21 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 23, Friars Lane, Braintree is in very good condition we estimate a sale value of £532,795 and a rental value of £1,765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,904 and a rental value of £1,563 per month.
Over the last 12 months the sale value of 23 Friars Lane Braintree has decreased by an estimated £9,716 (1.9%) and its rental value has increased by an estimated £49 per month (2.9%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 23, Friars Lane, Braintree sits on a plot of 198m2.
We have plot size data on 19 out of 26 other houses in the postcode and 23, Friars Lane, Braintree sits on the 7th largest plot.
23, Friars Lane, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2018.
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, 23, Friars Lane, Braintree was last sold on 26th February 2019 for £455,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2019, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Friars Lane, Braintree within a radius of 670 metres over the last 2 years.
The most recent example is 31, Williams Drive, Braintree, CM7 5QJ, a freehold house which sold for £429,750 on the 13th December 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friars Lane, Braintree, CM7 has a total of 26 addresses. According to our analysis of all the public data, 23, Friars Lane, Braintree is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in CM7.
The closest station to 23, Friars Lane, Braintree is Braintree station which is 1.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, Friars Lane, Braintree, 40.0% of property is privately owned outright and 37.9% 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 23, Friars Lane, Braintree, 14.5% of residents are recorded as possessing school level qualifications and 24.5% 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 23, Friars Lane, Braintree, the average age was 39.3 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 23, Friars Lane, 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 23, Friars Lane, Braintree, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.