53 Vernon Way

    53, VERNON WAY, BRAINTREE, CM7 9TY

    This terraced freehold property on Vernon Way last sold in January 2020 for £248,000. Based on price growth in the CM7 district since then, its estimated current value is £282,957 — placing it in the 45th percentile nationally and the 36th percentile within CM7. The property covers 70 m² (753 sq ft), giving an estimated value of £4,042 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £248,000

    Jan 2020

    Estimated Valuation

    £282,957

    Est. £/sq ft

    £376/sq ft

    £4,042/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateJan 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2020

    £248,000

    4 Apr 2008

    £187,500

    26 Nov 2004

    £170,000

    Key Metrics

    Estimated valuation£282,957
    Value per sq ft / m²£376/sq ft (£4,042/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile36th percentile
    National percentile45th 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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