2 Sovereign Close

    2, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL

    This detached freehold property on Sovereign Close last sold in October 2010 for £250,000. Based on price growth in the CM7 district since then, its estimated current value is £423,046 — placing it in the 70th percentile nationally and the 76th percentile within CM7. The property covers 120 m² (1,292 sq ft), giving an estimated value of £3,525 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £250,000

    Oct 2010

    Estimated Valuation

    £423,046

    Est. £/sq ft

    £327/sq ft

    £3,525/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,292 sq ft (120 m²)
    EPC dateSept 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Oct 2010

    £250,000

    12 May 1998

    New build

    £118,700

    Key Metrics

    Estimated valuation£423,046
    Value per sq ft / m²£327/sq ft (£3,525/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile76th percentile
    National percentile70th 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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