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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, 9, Discovery Close, Braintree is a modern house with 1,044 ft2 of internal area.
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 9, Discovery Close, Braintree is £416,396 and the estimated rental value is £1,502 per month.
Discovery Close, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
9, Discovery Close, Braintree has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
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.
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 9, Discovery Close, Braintree is in very good condition we estimate a sale value of £437,216 and a rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,249 and a rental value of £1,397 per month.
Over the last 12 months the sale value of 9 Discovery Close Braintree has decreased by an estimated £9,986 (2.4%) and its rental value has increased by an estimated £40 per month (2.7%), giving an expected gross yield of 4.3%.
9, Discovery Close, Braintree has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Oct 2023.
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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Discovery Close, Braintree within a radius of 970 metres over the last 2 years.
The most recent example is 21, Sorrell Avenue, Braintree, CM7 5DH, a freehold house which sold for £415,000 on the 27th June 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Discovery Close, Braintree, CM7 has a total of 10 addresses. According to our analysis of all the public data, 9, Discovery Close, Braintree is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in CM7.
The closest station to 9, Discovery Close, Braintree is Braintree station which is 2.7 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 9, Discovery Close, Braintree, 53.4% of property is privately owned with a mortgage and 22.6% is privately owned outright.
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 9, Discovery Close, Braintree, 15.2% of residents are recorded as possessing school level qualifications and 22.1% 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 9, Discovery Close, Braintree, the average age was 43.5 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 9, Discovery Close, 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 9, Discovery Close, Braintree, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
