8, Farriers Way
8, Farriers Way
Description & Estimates
8, Farriers Way, Braintree is recorded publicly as a modern freehold house across 1,431 ft2 of internal area, sitting on a 245 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Farriers Way, Braintree is £492,399 and its rental estimate is £1,817 per month, given the available information and assuming reasonable condition.
Farriers Way, Great Notley, Braintree, CM77 falls within the CM77 postal district, in the borough of Braintree.
Our Data Sources
8, Farriers Way, Braintree has 21 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated September 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Farriers Way, Braintree, we estimate a market value of £517,019 and a rental value of £1,908 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £457,931 and £1,690 per month respectively.
Recent Market Change
Over the last year, 8, Farriers Way, Braintree has seen its estimated sale value move down by £8,383 (1.7%) and its estimated rental value increase by £55 per month (3.0%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 8, Farriers Way, Braintree as measuring 245 m2.
That makes it the 14th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
8, Farriers Way, Braintree has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Farriers Way, Braintree completed on 1st May 2015 at £328,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 32.6% over the period since May 2015.
- Sold May 2015£328,000
- Sold Mar 2001£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Farriers Way, Braintree have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2023, was 29, Cuckoo Way, Braintree, CM77 7WG, a freehold house which sold for £470,000.
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
Of the 14 addresses on Farriers Way, Great Notley, Braintree, CM77, 8, Farriers Way, Braintree comes out as the 13th largest and the 12th most expensive in our analysis of the public data.
It is also £64k more expensive than the average property across the CM77 district.
More reading links
Schools Nearby
- 600mNotley Green Primary School
- 700mWhite Court School
- 2.1kmSt Michael's Church of England Voluntary Aided Primary School
- 2.0kmNotley High School and Braintree Sixth Form
- 2.9kmTabor Academy
- 3.8kmAlec Hunter Academy
More reading links
Public Transport Nearby
From 8, Farriers Way, Braintree, the nearest station is Braintree, 2.8 kilometres away.
- 2.8kmBraintree
- 3.2kmBraintree Freeport
- 4.0kmCressing (Essex)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
