7, Old Challis Rise
7, Old Challis Rise
Description & Estimates
According to the public record, 7, Old Challis Rise, Braintree is a modern apartment with 502 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 7, Old Challis Rise, Braintree is £126,130 and the estimated rental value is £784 per month.
Old Challis Rise, Rayne, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
Our Data Sources
7, Old Challis Rise, Braintree has no records in the the Land Registry and a single entry in the EPC database dated August 2009.
We combine this information with public data 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.
Price Range & Condition
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, Old Challis Rise, Braintree is in very good condition we estimate a sale value of £132,436 and a rental value of £823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,301 and a rental value of £729 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Old Challis Rise, Braintree has fallen by £1,663 (1.3%), while its estimated rental value has moved up by £24 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
7, Old Challis Rise, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2009.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 1.9 kilometres of 7, Old Challis Rise, Braintree over the last 2 years.
The most recent example is 2, Old Challis Rise, Braintree, CM77 6AD, a freehold house which sold for £318,000 on the 11th December 2017.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Challis Rise, Rayne, Braintree, CM77 has a total of 32 addresses. According to our analysis of all the public data, 7, Old Challis Rise, Braintree is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £302k less expensive than the average property in CM77.
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Schools Nearby
- 200mRayne Primary and Nursery School
- 2.0kmNotley Green Primary School
- 2.2kmSt Michael's Church of England Voluntary Aided Primary School
- 2.5kmTabor Academy
- 3.2kmNotley High School and Braintree Sixth Form
- 4.7kmAlec Hunter Academy
More reading links
Public Transport Nearby
The closest station to 7, Old Challis Rise, Braintree is Braintree station, which is 3.4 kilometres away.
- 3.4kmBraintree
- 4.2kmBraintree Freeport
- 5.6kmCressing (Essex)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
