7 Faraday Close

    7, FARADAY CLOSE, BRAINTREE, CM7 1JD

    This detached freehold property on Faraday Close last sold in January 2020 for £302,500. Based on price growth in the CM7 district since then, its estimated current value is £350,831 — placing it in the 59th percentile nationally and the 60th percentile within CM7. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,772 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £302,500

    Jan 2020

    Estimated Valuation

    £350,831

    Est. £/sq ft

    £350/sq ft

    £3,772/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 area1,001 sq ft (93 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jan 2020

    £302,500

    13 Aug 2010

    £184,500

    Key Metrics

    Estimated valuation£350,831
    Value per sq ft / m²£350/sq ft (£3,772/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile60th percentile
    National percentile59th 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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