48 Nichols Grove

    48, NICHOLS GROVE, BRAINTREE, BRAINTREE, CM7 3EQ

    This terraced freehold property on Nichols Grove last sold in June 2002 for £97,500. Based on price growth in the CM7 district since then, its estimated current value is £268,921 — placing it in the 42nd percentile nationally and the 30th percentile within CM7. The property covers 52 m² (560 sq ft), giving an estimated value of £5,172 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £97,500

    Jun 2002

    Estimated Valuation

    £268,921

    Est. £/sq ft

    £480/sq ft

    £5,172/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateDec 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jun 2002

    £97,500

    23 Feb 2001

    New build

    £74,500

    Key Metrics

    Estimated valuation£268,921
    Value per sq ft / m²£480/sq ft (£5,172/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile30th percentile
    National percentile42nd 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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