16 Faraday Close

    16, FARADAY CLOSE, BRAINTREE, CM7 1JD

    This detached freehold property on Faraday Close last sold in October 2024 for £430,000. Based on price growth in the CM7 district since then, its estimated current value is £441,299 — placing it in the 73rd percentile nationally and the 79th percentile within CM7. The property covers 89 m² (958 sq ft), giving an estimated value of £4,958 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £430,000

    Oct 2024

    Estimated Valuation

    £441,299

    Est. £/sq ft

    £461/sq ft

    £4,958/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateOct 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Oct 2024

    £430,000

    23 Feb 2022

    £370,000

    Key Metrics

    Estimated valuation£441,299
    Value per sq ft / m²£461/sq ft (£4,958/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile79th percentile
    National percentile73rd 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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