88 Mill Race House Thomas Way

    88 MILL RACE HOUSE, THOMAS WAY, BRAINTREE, CM7 3AH

    This flat/maisonette leasehold property on Thomas Way last sold in August 2022 for £225,000. Based on price growth in the CM7 district since then, its estimated current value is £182,407 — placing it in the 20th percentile nationally and the 12th percentile within CM7. The property covers 62 m² (667 sq ft), giving an estimated value of £2,942 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £225,000

    Aug 2022

    Estimated Valuation

    £182,407

    Est. £/sq ft

    £273/sq ft

    £2,942/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateNov 2012
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Aug 2022

    £225,000

    23 Jan 2017

    £178,000

    29 Nov 2012

    New build

    £135,000

    Key Metrics

    Estimated valuation£182,407
    Value per sq ft / m²£273/sq ft (£2,942/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM7 district percentile12th percentile
    National percentile20th 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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