11, JERSEY WAY, BRAINTREE, CM7 2FA - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 JERSEY WAY is a midsized flat of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £302,022. It was last sold for £325,000 in February 2023, which was around 98% above the average February 2023 flat price in the Braintree local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

11 JERSEY WAY Sold Prices

Land registry data shows five sales for 11 JERSEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. All of the five 11 JERSEY WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 24 FEB	£325,000	£163,902	98% above HPI
2019 1 JUL	£261,000	£147,322	77% above HPI
2017 13 OCT	£272,500	£150,337	81% above HPI
2015 31 JUL	£210,000	£121,907	72% above HPI
1997 29 MAY	£56,000	£33,589	67% above HPI

What might 11 JERSEY WAY be worth now?

11 JERSEY WAY might now be worth an estimated £302,022.

This is based on house price deflation of 7.1%, between February 2023 and May 2026, for flats, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% deflationary decrease is applied to the most recent sale price for 11 JERSEY WAY of £325,000 on 24th February 2023. For the value to have decreased from £325,000 to £302,022 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 11 JERSEY WAY has moved in line with the HPI for flats in the Braintree local authority area.
• The February 2023 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 11 JERSEY WAY has not materially changed since February 2023.

How Large is 11 JERSEY WAY?

11 JERSEY WAY is 54m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of flats in Braintree, based on EPC data. 41% of flats are smaller than 11 JERSEY WAY, and 53% of flats are larger. Note that EPC data is not available for all properties in Braintree.

11 JERSEY WAY: Plot

11 JERSEY WAY sits on a plot of roughly 0.045 of an acre, or 184m².

Where is 11 JERSEY WAY?

11 JERSEY WAY is located in BRAINTREE, in the CM7 postcode district.