Flat 13, Warners Mill
Flat 13, Warners Mill
Description & Estimates
According to the public record, Flat 13, Warners Mill, Braintree is a period leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 13, Warners Mill, Braintree is £164,545 and the estimated rental value is £936 per month.
The apartment is within Warners Mill, Silks Way, Braintree, CM7.
Silks Way, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
Our Data Sources
Flat 13, Warners Mill, Braintree has 31 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated July 2012.
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.
Price Range & Condition
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 Flat 13, Warners Mill, Braintree is in very good condition we estimate a sale value of £172,772 and a rental value of £983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,027 and a rental value of £871 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 13, Warners Mill, Braintree has dropped by £2,016 (1.2%), while its estimated rental value has risen by £33 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
Flat 13, Warners Mill, Braintree has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jul 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 13, Warners Mill, Braintree was last sold on 14th December 2022 for £175,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2022, the market for similar properties has risen by 22.2%.
- Sold Dec 2022£175,000
- Sold Dec 2016£164,000
- Sold Jun 2002£89,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Warners Mill, Braintree within a radius of 440 metres over the last 2 years.
The most recent example is 38 The Depot, Fairfield Road, Braintree, CM7 3AG, a leasehold flat which sold for £146,000 on the 6th February 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Silks Way, Braintree, CM7 has a total of 42 addresses. According to our analysis of all the public data, Flat 13, Warners Mill, Braintree is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in CM7.
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Schools Nearby
- 800mSt Francis Catholic Primary School, Braintree
- 900mSt Michael's Church of England Voluntary Aided Primary School
- 1.0kmJohn Ray Junior School
- 1.1kmNotley High School and Braintree Sixth Form
- 1.3kmTabor Academy
- 1.7kmAlec Hunter Academy
More reading links
Public Transport Nearby
The closest station to Flat 13, Warners Mill, Braintree is Braintree station, which is 300 metres away.
- 300mBraintree
- 1.3kmBraintree Freeport
- 3.2kmCressing (Essex)
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
