3 Challis Lane

    3, CHALLIS LANE, BRAINTREE, CM7 1AN

    This semi-detached freehold property on Challis Lane last sold in March 2018 for £280,000. Based on price growth in the CM7 district since then, its estimated current value is £328,874 — placing it in the 55th percentile nationally and the 53rd percentile within CM7. The property covers 67 m² (721 sq ft), giving an estimated value of £4,909 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £280,000

    Mar 2018

    Estimated Valuation

    £328,874

    Est. £/sq ft

    £456/sq ft

    £4,909/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area721 sq ft (67 m²)
    EPC dateFeb 2018
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Mar 2018

    £280,000

    Key Metrics

    Estimated valuation£328,874
    Value per sq ft / m²£456/sq ft (£4,909/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile53rd percentile
    National percentile55th 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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