2 Stone Close

    2, STONE CLOSE, BRAINTREE, CM7 1LJ

    This semi-detached freehold property on Stone Close last sold in February 2023 for £275,000. Based on price growth in the CM7 district since then, its estimated current value is £270,216 — placing it in the 42nd percentile nationally and the 31st percentile within CM7. The property covers 58 m² (624 sq ft), giving an estimated value of £4,659 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £275,000

    Feb 2023

    Estimated Valuation

    £270,216

    Est. £/sq ft

    £433/sq ft

    £4,659/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Feb 2023

    £275,000

    1 Jun 2000

    New build

    £82,950

    Key Metrics

    Estimated valuation£270,216
    Value per sq ft / m²£433/sq ft (£4,659/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile31st percentile
    National percentile42nd 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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