24 Challis Lane

    24, CHALLIS LANE, BRAINTREE, CM7 1AN

    This semi-detached freehold property on Challis Lane last sold in August 2017 for £344,000. Based on price growth in the CM7 district since then, its estimated current value is £420,206 — placing it in the 70th percentile nationally and the 76th percentile within CM7. The property covers 123 m² (1,324 sq ft), giving an estimated value of £3,416 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £344,000

    Aug 2017

    Estimated Valuation

    £420,206

    Est. £/sq ft

    £317/sq ft

    £3,416/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,324 sq ft (123 m²)
    EPC dateMar 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Aug 2017

    £344,000

    13 Jan 2006

    £169,500

    4 Jul 1997

    £66,000

    Key Metrics

    Estimated valuation£420,206
    Value per sq ft / m²£317/sq ft (£3,416/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile76th percentile
    National percentile70th percentile

    District Context — CM7

    CM7 covers Ongar and surrounding villages in north Essex, positioned between Chelmsford and the Hertfordshire border. It is a predominantly residential, semi-rural area with strong community appeal and good access to both town amenities and countryside.

    Average Property Price - CM7

    £339,844

    54

    National percentile

    Average Net Household Income - CM7

    £40,554

    60

    National percentile

    10-Year Annualised Price Growth - CM7

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM7

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