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Company No. 11113204
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According to the public record, 5, Springmead, Braintree is a mid-century freehold house with 1,431 ft2 of internal area and sits on a 644 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Springmead, Braintree is £605,511 and the estimated rental value is £1,782 per month.
Springmead, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
5, Springmead, Braintree has 31 entries in the Land Registry , most recently in April 2014 and a single entry in the EPC database dated October 2013.
We combine this information with that 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.
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 5, Springmead, Braintree is in very good condition we estimate a sale value of £635,787 and a rental value of £1,872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £563,125 and a rental value of £1,658 per month.
Over the last 12 months the sale value of 5 Springmead Braintree has decreased by an estimated £13,619 (2.2%) and its rental value has increased by an estimated £52 per month (2.9%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 5, Springmead, Braintree sits on a plot of 644m2.
We have plot size data on 8 out of 8 other houses in the postcode and 5, Springmead, Braintree sits on the 4th largest plot.
5, Springmead, Braintree has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Springmead, Braintree was last sold on 1st April 2014 for £380,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2014, the market for similar properties has risen 41.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Springmead, Braintree within a radius of 850 metres over the last 2 years.
The most recent example is 25, Oaklands Close, Braintree, CM77 7PZ, a freehold house which sold for £575,000 on the 16th December 2024.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springmead, Braintree, CM77 has a total of 8 addresses. According to our analysis of all the public data, 5, Springmead, Braintree is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in CM77.
The closest station to 5, Springmead, Braintree is Braintree station which is 1.9 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 5, Springmead, Braintree, 52.4% of property is privately owned outright and 39.2% 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 5, Springmead, Braintree, 20.6% of residents are recorded as possessing school level qualifications and 30.2% 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 5, Springmead, Braintree, the average age was 41.8 and the most common age was 52.
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 5, Springmead, Braintree, 2.5% 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 5, Springmead, Braintree, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
