29, New Road
29, New Road
Description & Estimates
29, New Road, Braintree is recorded publicly as a mid-century freehold house across 3,336 ft2 of internal area, sitting on a 852 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 29, New Road, Braintree is £889,057 and its rental estimate is £2,622 per month, given the available information and assuming reasonable condition.
New Road, Rayne, Braintree, CM77 falls within the CM77 postal district, in the borough of Braintree.
Our Data Sources
29, New Road, Braintree has 31 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated December 2017.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 29, New Road, Braintree, we estimate a market value of £933,510 and a rental value of £2,753 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £826,823 and £2,438 per month respectively.
Recent Market Change
Over the last year, 29, New Road, Braintree has seen its estimated sale value drop by £15,557 (1.7%) and its estimated rental value rise by £73 per month (2.8%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 29, New Road, Braintree as measuring 852 m2.
That makes it the 3rd largest plot in the postcode, where 21 of the 33 other houses have recorded plot data.
Energy Efficiency
29, New Road, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 29, New Road, Braintree completed on 28th June 2019 at £642,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 3.2% over the period since June 2019.
- Sold Jun 2019£642,500
- Sold May 2010£490,000
- Sold Sep 1996£128,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, New Road, Braintree have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd October 2017, was Stocks Farm, New Road, Braintree, CM77 6SY, a freehold house which sold for £930,000.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 39 addresses on New Road, Rayne, Braintree, CM77, 29, New Road, Braintree comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £461k more expensive than the average property across the CM77 district.
More reading links
Schools Nearby
- 600mRayne Primary and Nursery School
- 1.6kmNotley Green Primary School
- 2.1kmSt Michael's Church of England Voluntary Aided Primary School
- 2.5kmTabor Academy
- 2.9kmNotley High School and Braintree Sixth Form
- 4.5kmAlec Hunter Academy
More reading links
Public Transport Nearby
From 29, New Road, Braintree, the nearest station is Braintree, 3.2 kilometres away.
- 3.2kmBraintree
- 4.0kmBraintree Freeport
- 5.2kmCressing (Essex)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
