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Public records show Flat 9, Warners Mill, Braintree to be a period leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 9, Warners Mill, Braintree has an estimated sale value of £149,884 and an estimated rental value of £867 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.
Flat 9, Warners Mill, Braintree has 41 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated April 2018.
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.
In very good condition, we estimate Flat 9, Warners Mill, Braintree would be worth £157,378, with a potential rental value of £911 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £139,392, with a rental value of £807 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 9, Warners Mill, Braintree has moved down by £1,836 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £31 (3.6%). The property's estimated gross yield is currently 6.9%.
Flat 9, Warners Mill, Braintree has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Flat 9, Warners Mill, Braintree last changed hands on 22nd August 2017, selling for £130,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 35.5% since August 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 9, 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.
Our analysis of the public data ranks Flat 9, Warners Mill, Braintree as the 20th largest and the 22nd most expensive of the 42 addresses on Silks Way, Braintree, CM7.
Against the CM7 postcode district average, it is £182k less expensive than the typical property.
Braintree station is the nearest stop to Flat 9, Warners Mill, Braintree at 300 metres away.
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.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Warners Mill, Braintree, 64.4% of property is privately rented and 12.5% is privately owned with a mortgage.
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 9, Warners Mill, Braintree, 13.9% of residents are recorded as possessing school level qualifications and 23.2% 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 9, Warners Mill, Braintree, the average age was 40.4 and the most common age was 32.
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 9, Warners Mill, Braintree, 0.2% 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 9, Warners Mill, Braintree, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.