According to the public record, 31, Foundry Way, Braintree is a modern freehold house and with 979 ft2 of internal area and sits on a 201 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Foundry Way, Rayne, Braintree, CM77 is located in the borough of Braintree within the CM77 postal district.
31, Foundry Way, Braintree has 3 entries in the Land Registry database, most recently in October 2022 and 2 entries in the EPC database, most recently in June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Foundry Way Braintree as £362,970 and the rental value as £1,512 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 31 Foundry Way Braintree has decreased by £2,130 (0.6%) and its rental value has increased by £84 per month (5.6%).
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 31, Foundry Way, Braintree is in very good condition we estimate a sale value of £381,119 and rental value of £1,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,562 and a rental value of £1,406 per month.
If you were able to purchase this property for the estimated value of £362,970, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,784 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 data from HM Land Registry, 31, Foundry Way, Braintree sits on a plot of 201m2.
We have plot size data on 28 out of 28 other houses in the postcode and 31, Foundry Way, Braintree sits on the 16th largest plot.
According to HM Land Registry, 31, Foundry Way, Braintree was last sold on 07 Oct 2022 for £380,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Foundry Way, Braintree within a radius of 72m over the last 2 years.
The most recent example is 33, Foundry Way, Braintree, CM77 6AE, a Freehold house which sold for £355,000 in Jul 2023.
Read more about house prices in CM77.
Foundry Way, Rayne, Braintree, CM77 has a total of 44 addresses. According to our analysis of all the public data, 31, Foundry Way, Braintree is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in CM77.
31, Foundry Way, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 31, Foundry Way, Braintree is Braintree station which is 3.4 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 31, Foundry Way, Braintree, 37.6% of property is privately owned outright and 33.3% 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 31, Foundry Way, Braintree, 19.9% of residents are recorded as possessing school level qualifications and 27.6% 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 31, Foundry Way, Braintree, the average age was 41.8 and the most common age was 52.
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 31, Foundry Way, Braintree, 0.2% 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 31, Foundry Way, Braintree, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.