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According to the public record, Flat 24, Iron View, Braintree is a modern leasehold apartment with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 24, Iron View, Braintree is £226,161 and the estimated rental value is £1,200 per month.
The apartment is within Iron View, Cressing Road, Braintree, CM7.
Cressing Road, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
Flat 24, Iron View, Braintree has 4 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 24, Iron View, Braintree is in very good condition we estimate a sale value of £237,469 and a rental value of £1,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,329 and a rental value of £1,116 per month.
Over the last 12 months the sale value of Flat 24 Iron View Braintree has decreased by an estimated £6,131 (2.7%) and its rental value has increased by an estimated £29 per month (2.5%), giving an expected gross yield of 6.4%.
Flat 24, Iron View, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 24, Iron View, Braintree was last sold on 28th March 2024 for £225,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2024, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 24, Iron View, Braintree within a radius of 610 metres over the last 2 years.
The most recent example is Flat 19, Iron View, Cressing Road, Braintree, CM7 3NA, a leasehold flat which sold for £241,000 on the 17th September 2021.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cressing Road, Braintree, CM7 has a total of 365 addresses. According to our analysis of all the public data, Flat 24, Iron View, Braintree is the 92nd largest and the 303rd most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in CM7.
The closest station to Flat 24, Iron View, Braintree is Braintree Freeport station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 24, Iron View, Braintree, 36.7% of property is privately owned outright and 26.6% is socially rented.
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 Flat 24, Iron View, Braintree, 17.1% of residents are recorded as possessing school level qualifications and 17.2% 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 Flat 24, Iron View, Braintree, the average age was 39.9 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 Flat 24, Iron View, Braintree, 0.6% 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 Flat 24, Iron View, Braintree, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
