Monkwood Cottage, Braintree
Monkwood Cottage, Braintree
Description & Estimates
Monkwood Cottage, Braintree appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,481 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Monkwood Cottage, Braintree is £491,168 and its rental estimate is £1,867 per month, given the available information and assuming reasonable condition.
Pattiswick, Braintree, CM77 falls within the CM77 postal district, in the borough of Braintree.
Our Data Sources
Monkwood Cottage, Braintree has 21 entries in the Land Registry , most recently in September 2018 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Monkwood Cottage, Braintree, we estimate a market value of £515,727 and a rental value of £1,960 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £456,787 and £1,736 per month respectively.
Recent Market Change
Over the last year, Monkwood Cottage, Braintree has seen its estimated sale value move down by £8,362 (1.7%) and its estimated rental value increase by £56 per month (3.0%). This results in an estimated gross rental yield of 4.6%.
Sold Prices
The most recent sale of Monkwood Cottage, Braintree completed on 5th September 2018 at £685,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 10.7% over the period since September 2018.
- Sold Sep 2018£685,000
- Sold May 1996£210,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Monkwood Cottage, Braintree have sold within a radius of 3.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 40-41, Old Road, Braintree, CM77 8BJ, a freehold house which sold for £730,000.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Pattiswick, Braintree, CM77, Monkwood Cottage, Braintree comes out as the 4th largest and the 2nd most expensive in our analysis of the public data.
It is also £63k more expensive than the average property across the CM77 district.
More reading links
Schools Nearby
- 2.9kmStisted Church of England Primary Academy
- 3.5kmSt Peter's Church of England Voluntary Controlled Primary School, Coggeshall
- 4.8kmEarls Colne Primary School and Nursery
- 3.0kmHonywood School
- 5.8kmThe Ramsey Academy, Halstead
- 6.1kmAlec Hunter Academy
More reading links
Public Transport Nearby
From Monkwood Cottage, Braintree, the nearest station is Braintree Freeport, 6.7 kilometres away.
- 6.7kmBraintree Freeport
- 6.8kmKelvedon
- 7.2kmBraintree
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
