5 Vernon Way

    5, VERNON WAY, BRAINTREE, CM7 9TU

    This semi-detached freehold property on Vernon Way last sold in August 2023 for £320,000. Based on price growth in the CM7 district since then, its estimated current value is £314,433 — placing it in the 52nd percentile nationally and the 48th percentile within CM7. The property covers 84 m² (904 sq ft), giving an estimated value of £3,743 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £320,000

    Aug 2023

    Estimated Valuation

    £314,433

    Est. £/sq ft

    £348/sq ft

    £3,743/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateMar 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Aug 2023

    £320,000

    6 Oct 2017

    £275,000

    27 Feb 2015

    £202,500

    1 Dec 2011

    £173,000

    27 Aug 2010

    £175,000

    14 Sept 2001

    £83,000

    Key Metrics

    Estimated valuation£314,433
    Value per sq ft / m²£348/sq ft (£3,743/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile48th percentile
    National percentile52nd 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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