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In this area, apartments of this size are normally studios with a garden.
Flat, Lakes, Braintree has an estimated sale value of £62,543 and an estimated rental value of £380 per month, assuming reasonable condition and based on the information available.
Braintree Green, Rayne, Braintree, CM77 lies in the borough of Braintree, within the CM77 postal district.
Flat, Lakes, Braintree has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate Flat, Lakes, Braintree would be worth £65,670, with a potential rental value of £399 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £58,165, with a rental value of £353 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, Lakes, Braintree has fallen by £710 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £13 (3.5%). The property's estimated gross yield is currently 7.3%.
Flat, Lakes, Braintree has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Land Registry records and our Estate Agent network show 3 sales within 1.1 kilometres of Flat, Lakes, Braintree across the last 2 years.
Most recently, Lock Place, Braintree Green, Braintree, CM77 6TE, a freehold house, sold at £550,000 on the 21st May 2021.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat, Lakes, Braintree as the 22nd largest and the 22nd most expensive of the 27 addresses on Braintree Green, Rayne, Braintree, CM77.
Against the CM77 postcode district average, it is £366k less expensive than the typical property.
Braintree station is the nearest stop to Flat, Lakes, Braintree at 2.8 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat, Lakes, Braintree, 49.8% of property is privately owned with a mortgage and 37.2% is privately owned outright.
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, Lakes, Braintree, 20.1% of residents are recorded as possessing school level qualifications and 30.1% 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, Lakes, Braintree, the average age was 41.8 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, Lakes, Braintree, 1.1% 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, Lakes, Braintree, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.