Flat 15, Warners Mill
Flat 15, Warners Mill
Description & Estimates
Flat 15, Warners Mill, Braintree is recorded publicly as a period leasehold apartment across 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 15, Warners Mill, Braintree is £116,016 and its rental estimate is £662 per month, given the available information and assuming reasonable condition.
Warners Mill, Silks Way is a residential building on Silks Way, Braintree, CM7 and falls within the CM7 postal district and the borough of Braintree.
Our Data Sources
Flat 15, Warners Mill, Braintree has 21 entries in the Land Registry , most recently in October 2007 and a single entry in the EPC database dated January 2023.
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
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 15, Warners Mill, Braintree, we estimate a market value of £121,816 and a rental value of £695 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,894 and £616 per month respectively.
Recent Market Change
Over the last year, Flat 15, Warners Mill, Braintree has seen its estimated sale value move down by £1,281 (1.1%) and its estimated rental value increase by £25 per month (3.8%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Flat 15, Warners Mill, Braintree has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 15, Warners Mill, Braintree completed on 25th October 2007 at £88,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.8% over the period since October 2007.
- Sold Oct 2007£88,000
- Sold Aug 1997£18,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 15, Warners Mill, Braintree have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th January 2025, was Flat 12, Warners Mill, Silks Way, Braintree, CM7 3GB, a leasehold flat which sold for £80,000.
Read more about house prices in CM7.
- Sold Jan 2025£80,000 | 1 Bed FlatFlat 12, Warners Mill, Silks Way, Braintree, CM7 3GBFlat 12, Warners Mill, Silks Way, Braintree, CM7 3GB
- Sold Jun 2023£134,000 | 1 Bed Flat14 The Depot, Fairfield Road, Braintree, CM7 3AG14 The Depot, Fairfield Road, Braintree, CM7 3AG
- Sold Sep 2022£127,000 | 2 Bed Flat23 The Depot, Fairfield Road, Braintree, CM7 3AG23 The Depot, Fairfield Road, Braintree, CM7 3AG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on Silks Way, Braintree, CM7, Flat 15, Warners Mill, Braintree comes out as the 31st largest and the 41st most expensive in our analysis of the public data.
It is also £216k less expensive than the average property across the CM7 district.
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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
From Flat 15, Warners Mill, Braintree, the nearest station is Braintree, 300 metres away.
- 300mBraintree
- 1.3kmBraintree Freeport
- 3.2kmCressing (Essex)
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
