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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Rainbow House, Braintree is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,960 ft2 of internal area and sits on a 1,093 m2 plot 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 Rainbow House, Braintree is £567,619 and the estimated rental value is £2,637 per month.
Polecat Road, Cressing, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
Rainbow House, Braintree has 2 entries in the Land Registry , most recently in October 2010 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.
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 Rainbow House, Braintree is in very good condition we estimate a sale value of £596,000 and a rental value of £2,769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £527,886 and a rental value of £2,453 per month.
Over the last 12 months the sale value of Rainbow House Braintree has decreased by an estimated £15,361 (2.7%) and its rental value has increased by an estimated £71 per month (2.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, Rainbow House, Braintree sits on a plot of 1093m2.
We have plot size data on 4 out of 5 other houses in the postcode and Rainbow House, Braintree sits on the 2nd largest plot.
According to HM Land Registry, Rainbow House, Braintree was last sold on 22nd October 2010 for £700,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2010, the market for similar properties has risen 52.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Rainbow House, Braintree within a radius of 1.8 kilometres over the last 2 years.
The most recent example is Fells Farm, Withies Green, Braintree, CM77 8DY, a freehold house which sold for £698,000 on the 28th January 2015.
Read more about house prices in CM77.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Polecat Road, Cressing, Braintree, CM77 has a total of 5 addresses. According to our analysis of all the public data, Rainbow House, Braintree is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in CM77.
The closest station to Rainbow House, Braintree is Cressing (Essex) station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Rainbow House, Braintree, 41.7% of property is privately owned outright and 41.7% 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 Rainbow House, Braintree, 14.7% of residents are recorded as possessing school level qualifications and 32.1% 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 Rainbow House, 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 Rainbow House, Braintree, 0.4% 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 Rainbow House, Braintree, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
