2 Rayleigh Close

    2, RAYLEIGH CLOSE, BRAINTREE, CM7 9TX

    This detached freehold property on Rayleigh Close last sold in January 2024 for £310,000. Based on price growth in the CM7 district since then, its estimated current value is £318,146 — placing it in the 53rd percentile nationally and the 49th percentile within CM7. The property covers 99 m² (1,066 sq ft), giving an estimated value of £3,214 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £310,000

    Jan 2024

    Estimated Valuation

    £318,146

    Est. £/sq ft

    £299/sq ft

    £3,214/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,066 sq ft (99 m²)
    EPC dateNov 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jan 2024

    £310,000

    15 Dec 2005

    £203,000

    24 Jun 2004

    £220,000

    5 Dec 2003

    £174,500

    Key Metrics

    Estimated valuation£318,146
    Value per sq ft / m²£299/sq ft (£3,214/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile49th percentile
    National percentile53rd 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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