38 Nichols Grove

    38, NICHOLS GROVE, BRAINTREE, CM7 3EQ

    This terraced freehold property on Nichols Grove last sold in December 2017 for £230,000. Based on price growth in the CM7 district since then, its estimated current value is £271,596 — placing it in the 43rd percentile nationally and the 31st percentile within CM7. The property covers 56 m² (603 sq ft), giving an estimated value of £4,850 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £230,000

    Dec 2017

    Estimated Valuation

    £271,596

    Est. £/sq ft

    £451/sq ft

    £4,850/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateJan 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Dec 2017

    £230,000

    24 Oct 2014

    £166,000

    14 Jun 2006

    £138,000

    14 Jun 2004

    £127,250

    23 Feb 2001

    New build

    £73,250

    Key Metrics

    Estimated valuation£271,596
    Value per sq ft / m²£451/sq ft (£4,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile31st percentile
    National percentile43rd 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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