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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 8, Marriott Way, Braintree is a modern freehold house with 753 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Marriott Way, Braintree is £353,799 and the estimated rental value is £1,263 per month.
Marriott Way, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
8, Marriott Way, Braintree has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated January 2024.
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.
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, Marriott Way, Braintree is in very good condition we estimate a sale value of £371,489 and a rental value of £1,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,033 and a rental value of £1,174 per month.
Over the last 12 months the sale value of 8 Marriott Way Braintree has decreased by an estimated £9,332 (2.6%) and its rental value has increased by an estimated £31 per month (2.4%), giving an expected gross yield of 4.3%.
8, Marriott Way, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, 8, Marriott Way, Braintree was last sold on 31st January 2024 for £339,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Marriott Way, Braintree within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 10, Marriott Way, Braintree, CM7 2DU, a freehold house which sold for £344,950 on the 28th March 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marriott Way, Braintree, CM7 has a total of 31 addresses. According to our analysis of all the public data, 8, Marriott Way, Braintree is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in CM7.
The closest station to 8, Marriott Way, Braintree is Braintree station which is 2.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Marriott Way, Braintree, 34.7% of property is socially rented and 28.9% 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 8, Marriott Way, Braintree, 24.8% of residents are recorded as possessing school level qualifications and 29.6% 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, Marriott Way, Braintree, the average age was 39.3 and the most common age was 32.
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, Marriott Way, 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 8, Marriott Way, 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.
