6 Lancaster Way

    6, LANCASTER WAY, BRAINTREE, CM7 5UL

    This flat/maisonette leasehold property on Lancaster Way last sold in August 2014 for £90,000. Based on price growth in the CM7 district since then, its estimated current value is £122,692 — placing it in the 7th percentile nationally and the 3rd percentile within CM7. The property covers 47 m² (506 sq ft), giving an estimated value of £2,610 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £90,000

    Aug 2014

    Estimated Valuation

    £122,692

    Est. £/sq ft

    £242/sq ft

    £2,610/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateJul 2019
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    22 Aug 2014

    £90,000

    11 Dec 2009

    £87,000

    28 Apr 2004

    £75,000

    Key Metrics

    Estimated valuation£122,692
    Value per sq ft / m²£242/sq ft (£2,610/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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