56 Browns Place, Braintree
56 Browns Place, Braintree
Description & Estimates
Public records show 56 Browns Place, Braintree to be a modern leasehold apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
56 Browns Place, Braintree has an estimated sale value of £211,030 and an estimated rental value of £948 per month, assuming reasonable condition and based on the information available.
The apartment sits within Browns Place, Thomas Way, Braintree, CM7.
Thomas Way, Braintree, CM7 lies in the borough of Braintree, within the CM7 postal district.
Our Data Sources
56 Browns Place, Braintree has a single entry in the Land Registry from May 2013 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 56 Browns Place, Braintree would be worth £221,581, with a potential rental value of £995 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £196,258, with a rental value of £881 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56 Browns Place, Braintree has fallen by £3,839 (1.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £30 (3.2%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
56 Browns Place, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Apr 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
56 Browns Place, Braintree last changed hands on 13th May 2013, selling for £141,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 41.1% since May 2013.
- Sold May 2013£141,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 470 metres of 56 Browns Place, Braintree across the last 2 years.
Most recently, 34 Clay Mills Court, Thomas Way, Braintree, CM7 3AH, a leasehold flat, sold at £205,000 on the 20th December 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 56 Browns Place, Braintree as the 25th largest and the 25th most expensive of the 64 addresses on Thomas Way, Braintree, CM7.
Against the CM7 postcode district average, it is £121k less expensive than the typical property.
More reading links
Schools Nearby
- 1.0kmJohn Ray Junior School
- 1.0kmJohn Ray Infant School
- 1.1kmSt Francis Catholic Primary School, Braintree
- 1.2kmAlec Hunter Academy
- 1.2kmNotley High School and Braintree Sixth Form
- 1.7kmTabor Academy
More reading links
Public Transport Nearby
Braintree station is the nearest stop to 56 Browns Place, Braintree at 200 metres away.
- 200mBraintree
- 900mBraintree Freeport
- 2.9kmCressing (Essex)
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
