41 Gresley Drive, Braintree, CM7 3BX is a leasehold flat built in 2007 onwards. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £168,645 , which equates to approximately £285 per square foot. It was last sold on 9 Mar 2007 for £125,000. Since then, the value has increased by £43,645, representing a 34.9% increase, or approximately 1.9% per year.

The current estimated value of £168,645 is:

  • 23.8% lower than the average property price on Gresley Drive
  • 17.4% lower than the average in the CM7 3BX postcode area
  • and 51.5% lower than the average price for Braintree as a whole

View sold house prices in CM7 3BX

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£168,645
Price Per sq ft (estimate)
£285
Bedroom Count (estimate)
1 bedroom

EPC Summary

41 Gresley Drive, Braintree, Essex, CM7 3BX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Apr 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Oct 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 20%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM7 3BX

25 th / 32
Price Rank
17% lower than average
15 th / 30
Size Rank
5% smaller than average
30 th / 30
Price Per Sq FT Rank
13% lower than average

Compared to other properties in CM7 3BX , this flat's estimated value ranks 25th out of 32. Based on price per square foot, it ranks 30th out of 30 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 30 properties in its postcode area.

Sale History

Today
£168,645
streetscan.co.uk estimate
+35 %
9 Mar 2007
£125,000
Leasehold
+4.2 %
14 Oct 2005
£119,995
Leasehold
+21.2 %
29 May 2003
£99,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £176,500
sale date: 12 Jan 2023
rooms: 3
size: 592 sq ft
sale price: £163,500
sale date: 10 Dec 2021
rooms: 3
size: 614 sq ft
sale price: £160,000
sale date: 19 Mar 2018
rooms: 2
size: 570 sq ft
sale price: £145,000
sale date: 3 Jun 2016
rooms: 3
size: 570 sq ft
sale price: £147,000
sale date: 31 Mar 2016

Data Sources

The property at 41 Gresley Drive, Braintree, CM7 3BX appears three times in the Land Registry records, with the latest transaction recorded on 9 Mar 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Apr 2019. 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.