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According to the public record, 8, Faraday Close, Braintree is a mid-century freehold house with 968 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Faraday Close, Braintree is £383,596 and the estimated rental value is £1,390 per month.
Faraday Close, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
8, Faraday Close, Braintree has a single entry in the Land Registry from May 2011 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property 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 8, Faraday Close, Braintree is in very good condition we estimate a sale value of £402,776 and a rental value of £1,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,745 and a rental value of £1,293 per month.
Over the last 12 months the sale value of 8 Faraday Close Braintree has decreased by an estimated £9,199 (2.4%) and its rental value has increased by an estimated £37 per month (2.7%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 8, Faraday Close, Braintree sits on a plot of 226m2.
We have plot size data on 19 out of 19 other houses in the postcode and 8, Faraday Close, Braintree sits on the 13th largest plot.
8, Faraday Close, Braintree has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Faraday Close, Braintree was last sold on 4th May 2011 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 70.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Faraday Close, Braintree within a radius of 560 metres over the last 2 years.
The most recent example is 16, Faraday Close, Braintree, CM7 1JD, a freehold house which sold for £430,000 on the 28th October 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faraday Close, Braintree, CM7 has a total of 19 addresses. According to our analysis of all the public data, 8, Faraday Close, Braintree is the 15th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in CM7.
The closest station to 8, Faraday Close, Braintree is Braintree station which is 700 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 8, Faraday Close, Braintree, 59.9% of property is privately owned outright and 31.4% 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 8, Faraday Close, Braintree, 16.8% of residents are recorded as possessing school level qualifications and 25.7% 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 8, Faraday 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 8, Faraday Close, Braintree, 0.6% 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 8, Faraday Close, Braintree, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
