According to the public record, 2 Orchard Terrace, Halstead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 673 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
The Street, Pebmarsh, Halstead, CO9 is located in the borough of Braintree within the CO9 postal district.
2 Orchard Terrace, Halstead has a single entry in the Land Registry database from April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Orchard Terrace Halstead as £374,985 and the rental value as £1,171 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Orchard Terrace Halstead has decreased by £2,577 (0.7%) and its rental value has increased by £51 per month (4.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Orchard Terrace, Halstead is in very good condition we estimate a sale value of £393,734 and rental value of £1,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,736 and a rental value of £1,089 per month.
If you were able to purchase this property for the estimated value of £374,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,843 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 2 Orchard Terrace, Halstead was last sold on 09 Apr 2007 for £162,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 64.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Orchard Terrace, Halstead within a radius of 312m over the last 2 years.
The most recent example is 3 Orchard Terrace, The Street, Halstead, CO9 2NH, a Freehold house which sold for £188,000 in Aug 2017.
Read more about house prices in CO9.
The Street, Pebmarsh, Halstead, CO9 has a total of 45 addresses. According to our analysis of all the public data, 2 Orchard Terrace, Halstead is the 39th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in CO9.
The closest station to 2 Orchard Terrace, Halstead is Bures station which is 5.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Orchard Terrace, Halstead, 45.5% of property is privately owned outright and 33.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Orchard Terrace, Halstead, 15.3% of residents are recorded as possessing school level qualifications and 35.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Orchard Terrace, Halstead, the average age was 48.1 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Orchard Terrace, Halstead, 2.5% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Orchard Terrace, Halstead, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.