The Pines, Braintree
The Pines, Braintree
Description & Estimates
The Pines, Braintree appears in the public record as a freehold house sitting on a 10,051 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Pines, Braintree is £733,646 and its rental estimate is £2,573 per month, given the available information and assuming reasonable condition.
Old Rectory Lane, Rayne, Braintree, CM77 falls within the CM77 postal district, in the borough of Braintree.
Our Data Sources
The Pines, Braintree has a single entry in the Land Registry from June 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 2 out of 5 and is considered of medium 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 The Pines, Braintree, we estimate a market value of £770,328 and a rental value of £2,701 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £682,291 and £2,393 per month respectively.
Recent Market Change
Over the last year, The Pines, Braintree has seen its estimated sale value decline by £12,837 (1.7%) and its estimated rental value climb by £71 per month (2.8%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for The Pines, Braintree as measuring 10,051 m2.
Sold Prices
The most recent sale of The Pines, Braintree completed on 23rd June 2021 at £1,465,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.4% over the period since June 2021.
- Sold Jun 2021£1,465,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Pines, Braintree have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2021, was Chapel Barn, Street Farm Court, Braintree, CM77 6TR, a freehold house which sold for £635,000.
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
Of the 2 addresses on Old Rectory Lane, Rayne, Braintree, CM77, The Pines, Braintree comes out as the largest and the most expensive in our analysis of the public data.
It is also £305k more expensive than the average property across the CM77 district.
More reading links
Schools Nearby
- 800mRayne Primary and Nursery School
- 1.6kmSt Michael's Church of England Voluntary Aided Primary School
- 2.0kmNotley Green Primary School
- 1.8kmTabor Academy
- 2.9kmNotley High School and Braintree Sixth Form
- 4.3kmAlec Hunter Academy
More reading links
Public Transport Nearby
From The Pines, Braintree, the nearest station is Braintree, 2.9 kilometres away.
- 2.9kmBraintree
- 3.8kmBraintree Freeport
- 5.4kmCressing (Essex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
