31 Sovereign Close

    31, SOVEREIGN CLOSE, BRAINTREE, CM7 9DJ

    This terraced freehold property on Sovereign Close last sold in December 2023 for £300,000. Based on price growth in the CM7 district since then, its estimated current value is £301,386 — placing it in the 50th percentile nationally and the 43rd percentile within CM7. The property covers 67 m² (721 sq ft), giving an estimated value of £4,498 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £300,000

    Dec 2023

    Estimated Valuation

    £301,386

    Est. £/sq ft

    £418/sq ft

    £4,498/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Dec 2023

    £300,000

    19 Dec 2018

    £235,000

    22 Jun 2007

    £158,500

    7 Jul 2000

    £67,000

    26 Jan 1996

    New build

    £60,000

    Key Metrics

    Estimated valuation£301,386
    Value per sq ft / m²£418/sq ft (£4,498/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile43rd percentile
    National percentile50th 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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