24 Vernon Way

    24, VERNON WAY, BRAINTREE, CM7 9TU

    This detached freehold property on Vernon Way last sold in November 2023 for £300,000. Based on price growth in the CM7 district since then, its estimated current value is £302,630 — placing it in the 50th percentile nationally and the 44th percentile within CM7. The property covers 70 m² (753 sq ft), giving an estimated value of £4,323 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £300,000

    Nov 2023

    Estimated Valuation

    £302,630

    Est. £/sq ft

    £402/sq ft

    £4,323/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Nov 2023

    £300,000

    18 Jul 1996

    £50,250

    Key Metrics

    Estimated valuation£302,630
    Value per sq ft / m²£402/sq ft (£4,323/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile44th 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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