7 Nichols Grove

    7, NICHOLS GROVE, BRAINTREE, CM7 3EQ

    This terraced freehold property on Nichols Grove last sold in October 2020 for £229,000. Based on price growth in the CM7 district since then, its estimated current value is £261,278 — placing it in the 40th percentile nationally and the 27th percentile within CM7. The property covers 53 m² (570 sq ft), giving an estimated value of £4,930 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £229,000

    Oct 2020

    Estimated Valuation

    £261,278

    Est. £/sq ft

    £458/sq ft

    £4,930/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateSept 2015
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2020

    £229,000

    15 Dec 2015

    £179,000

    21 Dec 2006

    £150,000

    26 Aug 2003

    £123,000

    8 Dec 2000

    New build

    £75,450

    Key Metrics

    Estimated valuation£261,278
    Value per sq ft / m²£458/sq ft (£4,930/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile27th percentile
    National percentile40th 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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