2 Penn Mews

    2, PENN MEWS, BRAINTREE, CM7 2TQ

    This flat/maisonette leasehold property on Penn Mews last sold in September 2016 for £109,500. Based on price growth in the CM7 district since then, its estimated current value is £120,979 — placing it in the 7th percentile nationally and the 3rd percentile within CM7. The property covers 35 m² (377 sq ft), giving an estimated value of £3,457 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £109,500

    Sept 2016

    Estimated Valuation

    £120,979

    Est. £/sq ft

    £321/sq ft

    £3,457/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area377 sq ft (35 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Sept 2016

    £109,500

    21 Nov 2007

    £96,500

    16 Jul 2002

    £58,000

    7 Apr 2000

    £37,000

    27 Jun 1997

    £23,995

    Key Metrics

    Estimated valuation£120,979
    Value per sq ft / m²£321/sq ft (£3,457/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile3rd percentile
    National percentile7th 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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