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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Jersey Way, Braintree is £155,171 and the estimated rental value is £903 per month.
Jersey Way, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
27, Jersey Way, Braintree has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated October 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 27, Jersey Way, Braintree is in very good condition we estimate a sale value of £162,930 and a rental value of £949 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,309 and a rental value of £840 per month.
Over the last 12 months the sale value of 27 Jersey Way Braintree has decreased by an estimated £3,002 (1.9%) and its rental value has increased by an estimated £30 per month (3.4%), giving an expected gross yield of 7%.
27, Jersey Way, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 27, Jersey Way, Braintree was last sold on 14th December 2020 for £140,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Jersey Way, Braintree within a radius of 770 metres over the last 2 years.
The most recent example is 23, Jersey Way, Braintree, CM7 2FA, a leasehold flat which sold for £87,000 on the 21st November 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jersey Way, Braintree, CM7 has a total of 51 addresses. According to our analysis of all the public data, 27, Jersey Way, Braintree is the 24th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in CM7.
The closest station to 27, Jersey Way, Braintree is Braintree station which is 1.5 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 27, Jersey Way, Braintree, 40.6% of property is privately owned outright and 37.7% 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 27, Jersey Way, Braintree, 15.2% of residents are recorded as possessing school level qualifications and 25.6% 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 27, Jersey Way, 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 27, Jersey Way, 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 27, Jersey Way, Braintree, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.