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According to the public record, 4, Old Mill Chase, Braintree is a modern freehold house with 602 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Old Mill Chase, Braintree is £257,722 and the estimated rental value is £1,159 per month.
Old Mill Chase, Wethersfield, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
4, Old Mill Chase, Braintree has 51 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 4, Old Mill Chase, Braintree is in very good condition we estimate a sale value of £270,608 and a rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,681 and a rental value of £1,078 per month.
Over the last 12 months the sale value of 4 Old Mill Chase Braintree has decreased by an estimated £6,798 (2.6%) and its rental value has increased by an estimated £28 per month (2.4%), giving an expected gross yield of 5.4%.
4, Old Mill Chase, Braintree has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 4, Old Mill Chase, Braintree was last sold on 19th June 2020 for £239,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since June 2020, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Old Mill Chase, Braintree within a radius of 4.1 kilometres over the last 2 years.
The most recent example is 5, Old Mill Chase, Braintree, CM7 4EB, a freehold house which sold for £313,500 on the 26th May 2023.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Chase, Wethersfield, Braintree, CM7 has a total of 8 addresses. According to our analysis of all the public data, 4, Old Mill Chase, Braintree is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in CM7.
The closest station to 4, Old Mill Chase, Braintree is Braintree station which is 9.9 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 4, Old Mill Chase, Braintree, 51.8% of property is privately owned outright and 38.6% 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 4, Old Mill Chase, Braintree, 10.1% of residents are recorded as possessing school level qualifications and 33.4% 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 4, Old Mill Chase, Braintree, the average age was 46.9 and the most common age was 57.
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 4, Old Mill Chase, 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 4, Old Mill Chase, Braintree, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
