Flat 8, Warners Mill Silks Way, Braintree, CM7 3GB is a leasehold flat built before 1900. The property offers approximately 517 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £152,526 , which equates to approximately £295 per square foot. It was last sold on 31 Jan 2002 for £60,000. Since then, the value has increased by £92,526, representing a 154.2% increase, or approximately 6.5% per year.

The current estimated value of £152,526 is:

  • 3.5% lower than the average property price on Silks Way
  • 5.7% lower than the average in the CM7 3GB postcode area
  • and 56.1% lower than the average price for Braintree as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 8 February 2024, the property was recorded as owner-occupied.

View sold house prices in CM7 3GB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£152,526
Price Per sq ft (estimate)
£295
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, Warners Mill Silks Way, Braintree, Essex, CM7 3GB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 8 Feb 2024.

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

The previous EPC assessment was conducted on 12 Dec 2022, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 15%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to electric storage heaters, electric storage heaters, with no change in energy efficiency (average).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 80% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters, Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to CM7 3GB

9 th / 11
Price Rank
6% lower than average
8 th / 10
Size Rank
18% smaller than average
7 th / 10
Price Per Sq FT Rank
15% higher than average

Compared to other properties in CM7 3GB , this flat's estimated value ranks 9th out of 11. Based on price per square foot, it ranks 7th out of 10 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 8th out of 10 properties in its postcode area.

Sale History

Today
£152,526
streetscan.co.uk estimate
+154 %
31 Jan 2002
£60,000
Leasehold
+79.1 %
9 Jan 1998
£33,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £159,000
sale date: 9 Mar 2022
rooms: 2
size: 538 sq ft
sale price: £168,500
sale date: 31 Aug 2018
rooms: 2
size: 538 sq ft
sale price: £130,000
sale date: 22 Aug 2017
rooms: 3
size: 581 sq ft
sale price: £120,000
sale date: 8 Dec 2021
rooms: 3
size: 560 sq ft
sale price: £150,000
sale date: 17 May 2017

Data Sources

The property at Flat 8, Warners Mill Silks Way, Braintree, CM7 3GB appears two times in the Land Registry records, with the latest transaction recorded on 31 Jan 2002. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Feb 2024. 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.