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According to the public record, 77, Madgements Road, Braintree is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,052 ft2 of internal area 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 77, Madgements Road, Braintree is £640,536 and the estimated rental value is £1,996 per month.
Madgements Road, Stisted, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
77, Madgements Road, Braintree has 21 entries in the Land Registry , most recently in November 2014 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 2 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 77, Madgements Road, Braintree is in very good condition we estimate a sale value of £672,562 and a rental value of £2,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £595,698 and a rental value of £1,856 per month.
Over the last 12 months the sale value of 77 Madgements Road Braintree has decreased by an estimated £19,920 (3.1%) and its rental value has increased by an estimated £50 per month (2.5%), giving an expected gross yield of 3.7%.
According to HM Land Registry, 77, Madgements Road, Braintree was last sold on 28th November 2014 for £385,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2014, the market for similar properties has risen 48.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 77, Madgements Road, Braintree within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 76, Madgements Road, Braintree, CM77 8BS, a freehold house which sold for £550,000 on the 27th June 2022.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madgements Road, Stisted, Braintree, CM77 has a total of 6 addresses. According to our analysis of all the public data, 77, Madgements Road, Braintree is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £215k more expensive than the average property in CM77.
The closest station to 77, Madgements Road, Braintree is Braintree Freeport station which is 4.8 kilometres away.
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 77, Madgements Road, Braintree, 43.8% of property is privately owned outright and 34.4% 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 77, Madgements Road, Braintree, 13.0% of residents are recorded as possessing school level qualifications and 33.7% 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 77, Madgements Road, Braintree, the average age was 39.9 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 77, Madgements Road, Braintree, 0.0% 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 77, Madgements Road, 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.