Lock Place, Braintree
Lock Place, Braintree
Description & Estimates
According to the public record, Lock Place, Braintree is a freehold house.
By comparing it to neighbours, we estimate that it is an early-century house with 1,743 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Lock Place, Braintree is £250,364 and the estimated rental value is £1,167 per month.
Braintree Green, Rayne, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
Our Data Sources
Lock Place, Braintree has a single entry in the Land Registry from May 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Lock Place, Braintree is in very good condition we estimate a sale value of £262,883 and a rental value of £1,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,839 and a rental value of £1,086 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Lock Place, Braintree has dropped by £4,381 (1.7%), while its estimated rental value has risen by £32 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Sold Prices
According to HM Land Registry, Lock Place, Braintree was last sold on 21st May 2021 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen by 13.1%.
- Sold May 2021£550,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Lock Place, Braintree within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Blakelands, Braintree Green, Braintree, CM77 6TE, a freehold house which sold for £240,000 on the 10th March 2021.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Braintree Green, Rayne, Braintree, CM77 has a total of 27 addresses. According to our analysis of all the public data, Lock Place, Braintree is the 7th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in CM77.
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Schools Nearby
- 1.0kmNotley Green Primary School
- 1.3kmRayne Primary and Nursery School
- 1.4kmWhite Court School
- 2.3kmNotley High School and Braintree Sixth Form
- 2.4kmTabor Academy
- 4.1kmAlec Hunter Academy
More reading links
Public Transport Nearby
The closest station to Lock Place, Braintree is Braintree station, which is 2.8 kilometres away.
- 2.8kmBraintree
- 3.5kmBraintree Freeport
- 4.6kmCressing (Essex)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
