Flat 17, Warners Mill
Flat 17, Warners Mill
Description & Estimates
Public records show Flat 17, Warners Mill, Braintree to be a period leasehold apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 17, Warners Mill, Braintree has an estimated sale value of £153,717 and an estimated rental value of £886 per month, assuming reasonable condition and based on the information available.
The apartment sits within Warners Mill, Silks Way, Braintree, CM7.
Silks Way, Braintree, CM7 lies in the borough of Braintree, within the CM7 postal district.
Our Data Sources
Flat 17, Warners Mill, Braintree has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated April 2013.
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
In very good condition, we estimate Flat 17, Warners Mill, Braintree would be worth £161,403, with a potential rental value of £930 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £142,957, with a rental value of £824 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 17, Warners Mill, Braintree has declined by £1,883 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (3.6%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 17, Warners Mill, Braintree has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Apr 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters, Electric underfloor heating.
Sold Prices
Flat 17, Warners Mill, Braintree last changed hands on 9th March 2022, selling for £159,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 25.7% since March 2022.
- Sold Mar 2022£159,000
- Sold Dec 2003£99,500
- Sold Nov 2000£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 17, Warners Mill, Braintree across the last 2 years.
Most recently, 45B, High Street, Braintree, CM7 1JX, a leasehold flat, sold at £450,000 on the 6th December 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
Our analysis of the public data ranks Flat 17, Warners Mill, Braintree as the 16th largest and the 18th most expensive of the 42 addresses on Silks Way, Braintree, CM7.
Against the CM7 postcode district average, it is £178k less expensive than the typical property.
More reading links
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
Braintree station is the nearest stop to Flat 17, Warners Mill, Braintree at 300 metres away.
- 300mBraintree
- 1.3kmBraintree Freeport
- 3.2kmCressing (Essex)
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
