Flat 3 Rayne Road

    FLAT 3, RAYNE ROAD, BRAINTREE, CM7 2QH

    This flat/maisonette leasehold property on Rayne Road last sold in August 2022 for £285,000. Based on price growth in the CM7 district since then, its estimated current value is £231,049 — placing it in the 33rd percentile nationally and the 19th percentile within CM7. The property covers 66 m² (710 sq ft), giving an estimated value of £3,501 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £285,000

    Aug 2022

    Estimated Valuation

    £231,049

    Est. £/sq ft

    £325/sq ft

    £3,501/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area710 sq ft (66 m²)
    EPC dateNov 2019
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2022

    £285,000

    Key Metrics

    Estimated valuation£231,049
    Value per sq ft / m²£325/sq ft (£3,501/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile19th percentile
    National percentile33rd 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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