Flat 1, Springett Place
Flat 1, Springett Place
Description & Estimates
Flat 1, Springett Place, Braintree is described in the public record as a modern apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, Springett Place, Braintree is £143,202 and its rental estimate is £888 per month, given the available information and assuming reasonable condition.
Springett Place, Jeffreys Road is a residential building on Jeffreys Road, Cressing, Braintree, CM77 and falls within the CM77 postal district and the borough of Braintree.
Our Data Sources
Flat 1, Springett Place, Braintree has no records in the the Land Registry and a single entry in the EPC database dated March 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.
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 Flat 1, Springett Place, Braintree, we estimate a market value of £150,362 and a rental value of £932 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £133,178 and £826 per month respectively.
Recent Market Change
Over the last year, Flat 1, Springett Place, Braintree has seen its estimated sale value fall by £1,888 (1.3%) and its estimated rental value move up by £27 per month (3.0%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
Flat 1, Springett Place, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Springett Place, Braintree have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2024, was 6A, Bradwell Court, Braintree, CM7 3XP, a leasehold flat which sold for £165,000.
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 89 addresses on Jeffreys Road, Cressing, Braintree, CM77, Flat 1, Springett Place, Braintree comes out as the 84th largest and the 86th most expensive in our analysis of the public data.
It is also £285k less expensive than the average property across the CM77 district.
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Schools Nearby
- 200mCressing Primary School
- 2.0kmBeckers Green Primary School
- 2.6kmJohn Ray Infant School
- 1.9kmAlec Hunter Academy
- 2.7kmNotley High School and Braintree Sixth Form
- 4.5kmTabor Academy
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Public Transport Nearby
From Flat 1, Springett Place, Braintree, the nearest station is Cressing (Essex), 800 metres away.
- 800mCressing (Essex)
- 1.9kmBraintree Freeport
- 2.1kmWhite Notley
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.
