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According to the public record, 7, Edison Close, Braintree is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,117 ft2 of internal area and sits on a 218 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Edison Close, Braintree is £372,788 and the estimated rental value is £1,473 per month.
Edison Close, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
7, Edison Close, Braintree has 3 entries in the Land Registry , most recently in February 2019 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 3 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 7, Edison Close, Braintree is in very good condition we estimate a sale value of £391,427 and a rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,693 and a rental value of £1,370 per month.
Over the last 12 months the sale value of 7 Edison Close Braintree has decreased by an estimated £8,940 (2.4%) and its rental value has increased by an estimated £39 per month (2.7%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 7, Edison Close, Braintree sits on a plot of 218m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, Edison Close, Braintree sits on the 8th largest plot.
According to HM Land Registry, 7, Edison Close, Braintree was last sold on 8th February 2019 for £338,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2019, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Edison Close, Braintree within a radius of 550 metres over the last 2 years.
The most recent example is 5, Darwin Close, Braintree, CM7 1JF, a freehold house which sold for £390,000 on the 18th October 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edison Close, Braintree, CM7 has a total of 8 addresses. According to our analysis of all the public data, 7, Edison Close, Braintree is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in CM7.
The closest station to 7, Edison Close, Braintree is Braintree station which is 800 metres 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 7, Edison Close, Braintree, 39.5% of property is privately owned outright and 33.9% 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 7, Edison Close, Braintree, 18.6% of residents are recorded as possessing school level qualifications and 22.4% 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 7, Edison Close, Braintree, the average age was 40.9 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 7, Edison Close, Braintree, 0.7% 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 7, Edison Close, Braintree, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
