25 Gresley Drive, Braintree, CM7 3BX is a leasehold flat built between 1967-1975. The property offers approximately 570 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £199,156 , which equates to approximately £349 per square foot. It was last sold on 28 Mar 2003 for £107,000. Since then, the value has increased by £92,156, representing a 86.1% increase, or approximately 3.8% per year.

The current estimated value of £199,156 is:

  • 10.0% lower than the average property price on Gresley Drive
  • 2.5% lower than the average in the CM7 3BX postcode area
  • and 42.7% lower than the average price for Braintree as a whole

At the most recent EPC inspection on 16 September 2020, the property was recorded as rented.

View sold house prices in CM7 3BX

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£199,156
Price Per sq ft (estimate)
£349
Bedroom Count (estimate)
1 bedroom

EPC Summary

25 Gresley Drive, Braintree, Essex, CM7 3BX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Sep 2020.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Aug 2019, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, filled cavity, changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 86% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to CM7 3BX

13 th / 32
Price Rank
2% lower than average
19 th / 30
Size Rank
8% smaller than average
15 th / 30
Price Per Sq FT Rank
6% higher than average

Compared to other properties in CM7 3BX , this flat's estimated value ranks 13th out of 32. Based on price per square foot, it ranks 15th out of 30 properties. In terms of size, this home ranks 19th out of 30 properties in its postcode area.

Sale History

Today
£199,156
streetscan.co.uk estimate
+86 %
28 Mar 2003
£107,000
Leasehold

Area Insights

Similar Properties Sold Nearby

21 Gresley Drive, Braintree, CM7 3BX
rooms: 3
size: 581 sq ft
sale price: £176,500
sale date: 12 Jan 2023
17 Gresley Drive, Braintree, CM7 3BX
rooms: 3
size: 592 sq ft
sale price: £163,500
sale date: 10 Dec 2021
39 Gresley Drive, Braintree, CM7 3BX
rooms: 3
size: 614 sq ft
sale price: £160,000
sale date: 19 Mar 2018
2 Gresley Drive, Braintree, CM7 3BX
rooms: 2
size: 570 sq ft
sale price: £145,000
sale date: 3 Jun 2016
29 Gresley Drive, Braintree, CM7 3BX
rooms: 3
size: 570 sq ft
sale price: £147,000
sale date: 31 Mar 2016

Data Sources

The property at 25 Gresley Drive, Braintree, Essex, CM7 3BX appears once in the Land Registry records, with the transaction recorded on 28 Mar 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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