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Company No. 11113204
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According to the public record, 3, Pegasus Way, Braintree is a mid-century freehold house with 785 ft2 of internal area and sits on a 237 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Pegasus Way, Braintree is £279,287 and the estimated rental value is £1,354 per month.
Pegasus Way, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
3, Pegasus Way, Braintree has 21 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated November 2016.
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 3, Pegasus Way, Braintree is in very good condition we estimate a sale value of £293,252 and a rental value of £1,422 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,737 and a rental value of £1,259 per month.
Over the last 12 months the sale value of 3 Pegasus Way Braintree has decreased by an estimated £6,698 (2.4%) and its rental value has increased by an estimated £36 per month (2.7%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 3, Pegasus Way, Braintree sits on a plot of 237m2.
We have plot size data on 3 out of 6 other houses in the postcode and 3, Pegasus Way, Braintree sits on the 3rd largest plot.
3, Pegasus Way, Braintree has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2016.
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, 3, Pegasus Way, Braintree was last sold on 28th November 2019 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2019, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pegasus Way, Braintree within a radius of 730 metres over the last 2 years.
The most recent example is 50, Bailey Bridge Road, Braintree, CM7 5TW, a freehold house which sold for £207,000 on the 12th September 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pegasus Way, Braintree, CM7 has a total of 6 addresses. According to our analysis of all the public data, 3, Pegasus Way, Braintree is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in CM7.
The closest station to 3, Pegasus Way, Braintree is Braintree station which is 1.6 kilometres away.
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 3, Pegasus Way, Braintree, 53.5% of property is socially rented and 22.2% 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 3, Pegasus Way, Braintree, 17.7% of residents are recorded as possessing school level qualifications and 14.5% 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 3, Pegasus Way, 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 3, Pegasus Way, 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 3, Pegasus Way, Braintree, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
