3, Old Challis Rise
3, Old Challis Rise
Description & Estimates
3, Old Challis Rise, Braintree is described in the public record as a modern apartment with 775 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 3, Old Challis Rise, Braintree is £155,807 and its rental estimate is £965 per month, given the available information and assuming reasonable condition.
Old Challis Rise, Rayne, Braintree, CM77 falls within the CM77 postal district, in the borough of Braintree.
Our Data Sources
3, Old Challis Rise, Braintree has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data 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.
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 3, Old Challis Rise, Braintree, we estimate a market value of £163,598 and a rental value of £1,013 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £144,901 and £897 per month respectively.
Recent Market Change
Over the last year, 3, Old Challis Rise, Braintree has seen its estimated sale value move down by £2,933 (1.9%) and its estimated rental value increase by £24 per month (2.5%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
3, Old Challis Rise, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 3, Old Challis Rise, Braintree have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2011, was Flat 8, Panners Parade, Priory Lane, Braintree, CM77 7AE, a leasehold flat which sold for £115,000.
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 32 addresses on Old Challis Rise, Rayne, Braintree, CM77, 3, Old Challis Rise, Braintree comes out as the 14th largest and the 15th most expensive in our analysis of the public data.
It is also £273k less expensive than the average property across the CM77 district.
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Schools Nearby
- 200mRayne Primary and Nursery School
- 2.0kmNotley Green Primary School
- 2.2kmSt Michael's Church of England Voluntary Aided Primary School
- 2.5kmTabor Academy
- 3.2kmNotley High School and Braintree Sixth Form
- 4.7kmAlec Hunter Academy
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Public Transport Nearby
From 3, Old Challis Rise, Braintree, the nearest station is Braintree, 3.4 kilometres away.
- 3.4kmBraintree
- 4.2kmBraintree Freeport
- 5.6kmCressing (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.
