2 Hammond Place Nowell Close

    2 HAMMOND PLACE, NOWELL CLOSE, BRAINTREE, CM7 5BY

    This flat/maisonette leasehold property on Nowell Close last sold in January 2016 for £165,000. Based on price growth in the CM7 district since then, its estimated current value is £182,297 — placing it in the 20th percentile nationally and the 12th percentile within CM7. The property covers 68 m² (732 sq ft), giving an estimated value of £2,681 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £165,000

    Jan 2016

    Estimated Valuation

    £182,297

    Est. £/sq ft

    £249/sq ft

    £2,681/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jan 2016

    £165,000

    Key Metrics

    Estimated valuation£182,297
    Value per sq ft / m²£249/sq ft (£2,681/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile12th percentile
    National percentile20th 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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