41, JERSEY WAY, BRAINTREE, CM7 2FA - £105,000

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.

41 JERSEY WAY is a small flat of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £153,314. It was last sold for £105,000 in June 2012, which was around 1% above the average June 2012 flat price in the Braintree local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

41 JERSEY WAY Sold Prices

Land registry data shows three sales for 41 JERSEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. All of the three 41 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
2012 8 JUN	£105,000	£104,315	1% above HPI
2003 10 OCT	£103,000	£89,987	14% above HPI
2000 18 FEB	£48,000	£44,403	8% above HPI

What might 41 JERSEY WAY be worth now?

41 JERSEY WAY might now be worth an estimated £153,314.

This is based on house price inflation of 46%, between June 2012 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 46% inflationary increase is applied to the most recent sale price for 41 JERSEY WAY of £105,000 on 8th June 2012. For the value to have increased from £105,000 to £153,314 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 41 JERSEY WAY has moved in line with the HPI for flats in the Braintree local authority area.
• The June 2012 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 41 JERSEY WAY has not materially changed since June 2012.

How Large is 41 JERSEY WAY?

41 JERSEY WAY is 48m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of flats in Braintree, based on EPC data. 27% of flats are smaller than 41 JERSEY WAY, and 70% of flats are larger. Note that EPC data is not available for all properties in Braintree.

41 JERSEY WAY: Plot

41 JERSEY WAY sits on a plot of roughly 0.193 of an acre, or 781m².

Where is 41 JERSEY WAY?

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