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According to the public record, 38, Howard Close, Braintree is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 494 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Howard Close, Braintree is £96,828 and the estimated rental value is £600 per month.
The apartment is within 38, Howard Close, Braintree, CM7.
Howard Close, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
38, Howard Close, Braintree has 2 entries in the Land Registry , most recently in February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 38, Howard Close, Braintree is in very good condition we estimate a sale value of £101,669 and a rental value of £630 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,050 and a rental value of £558 per month.
Over the last 12 months the sale value of 38 Howard Close Braintree has decreased by an estimated £1,873 (1.9%) and its rental value has increased by an estimated £20 per month (3.4%), giving an expected gross yield of 7.4%.
According to HM Land Registry, 38, Howard Close, Braintree was last sold on 19th February 2016 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2016, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 38, Howard Close, Braintree within a radius of 490 metres over the last 2 years.
The most recent example is 368A, Coggeshall Road, Braintree, CM7 9EQ, a leasehold flat which sold for £80,000 on the 3rd April 2020.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Howard Close, Braintree, CM7 has a total of 71 addresses. According to our analysis of all the public data, 38, Howard Close, Braintree is the 43rd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in CM7.
The closest station to 38, Howard Close, Braintree is Braintree station which is 1.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Howard Close, Braintree, 63.7% of property is socially rented and 14.7% is privately owned outright.
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 38, Howard Close, Braintree, 19.7% of residents are recorded as possessing school level qualifications and 15.4% 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 38, Howard Close, Braintree, the average age was 39.4 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 38, Howard Close, 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 38, Howard Close, Braintree, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.