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According to the public record, 27, Mill Lane, Braintree is a mid-century freehold house with 2,357 ft2 of internal area and sits on a 2,031 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 27, Mill Lane, Braintree is £805,984 and the estimated rental value is £2,314 per month.
Mill Lane, Cressing, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
27, Mill Lane, Braintree has 21 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated November 2019.
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 27, Mill Lane, Braintree is in very good condition we estimate a sale value of £846,283 and a rental value of £2,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £749,565 and a rental value of £2,152 per month.
Over the last 12 months the sale value of 27 Mill Lane Braintree has decreased by an estimated £21,811 (2.7%) and its rental value has increased by an estimated £62 per month (2.7%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 27, Mill Lane, Braintree sits on a plot of 2031m2.
We have plot size data on 21 out of 33 other houses in the postcode and 27, Mill Lane, Braintree sits on the largest plot.
27, Mill Lane, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2019.
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, 27, Mill Lane, Braintree was last sold on 9th April 2021 for £750,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Mill Lane, Braintree within a radius of 1.4 kilometres over the last 2 years.
The most recent example is The Coach House, Long Green, Braintree, CM77 8DL, a freehold house which sold for £850,000 on the 30th January 2023.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Cressing, Braintree, CM77 has a total of 96 addresses. According to our analysis of all the public data, 27, Mill Lane, Braintree is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £381k more expensive than the average property in CM77.
The closest station to 27, Mill Lane, Braintree is Cressing (Essex) station which is 600 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 27, Mill Lane, Braintree, 48.4% of property is privately owned outright and 27.9% 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 27, Mill Lane, Braintree, 13.3% of residents are recorded as possessing school level qualifications and 26.3% 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, Mill Lane, 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 27, Mill Lane, Braintree, 2.8% 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, Mill Lane, 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.