Stone Lane, Braintree
HA

Stone Lane, Braintree

By haart

£ 170,000

Reviews

2 out of 5 stars

haart says ..

*Reserved Prior To Marketing* Wonderful 2 bedroom house in the Paddocks Development. The price advertised represents purchasing a 50% share of the home

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house with a total area of 858.96 sqft listed at £170,000. The images show a newly renovated or new build property that appears to be in excellent condition. The finishes and fixtures look modern and well-maintained. The location in Great Notley & Black Notley offers proximity to Cressing train station (1.42km), providing convenient access to other areas. Several schools are within a reasonable distance, although the Ofsted rating for Notley High School and Braintree Sixth Form is listed as having serious weaknesses, which is a factor potential buyers should consider. The plot size is listed as 0.00 sqft, indicating that there is no garden or significant outdoor space associated with this property. This is a significant drawback for many buyers. Considering the average house price in the area is £553,250 and the average price per sqft is £369, the listed price of £170,000 for this 858.96 sqft property seems exceptionally low. However, the lack of land and the smaller size compared to the area average could justify a lower price point. Further investigation into comparable properties with similar features (size, condition, and land) in the immediate vicinity would be needed to confirm if this is indeed a significantly undervalued property or if other factors (e.g., leasehold, potential issues not disclosed) are influencing the price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
10
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
858.96

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
658,333.00 £
Increased by 40.73 %
from 467,811.00 £
Est sale value
339,289.20 £
Increased by 3.40 %
from 328,122.72 £
Average area rental value
1,544.00 £/mo
Decreased by 3.86 %
from 1,606.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 858.96 £/mo
Est rental Yield
2.81 %
Decreased by 31.80 %
from 4.12 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • haart created the listing.

Nearby Schools

NameTypeOfstedDistance
John Ray Infant SchoolCommunity SchoolGood1.95 KM
John Ray Junior SchoolAcademy Sponsor LedGood1.96 KM
Notley High School And Braintree Sixth FormAcademy ConverterSerious Weaknesses2.12 KM
Alec Hunter AcademyAcademy Sponsor LedGood2.29 KM
Bra6 Carousel Family HubChildren's Centre2.41 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Meadow Way £ 000.00 KM
Green Lane £ 000.00 KM
Reed Meadows £ 375,00000.00 KM
Reed Meadows £ 000.00 KM
Kipling Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cressing (Essex)6837CES1.42 KM
Braintree Freeport2053BTP1.70 KM
Braintree6801BTR2.51 KM
White Notley6846WNY3.80 KM
Hatfield Peverel6845HAP8.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stone Lane, Braintree £ 170,000BUY5 / 100.00 KM
Stone Lane, Braintree £ 170,000BUY6 / 100.00 KM
Stone Lane, Cressing £ 170,000BUY7 / 100.00 KM
Phillips Crescent, Cressing £ 197,500BUYUnknown0.00 KM
Phillips Crescent, Braintree £ 112,500BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
10 Bedells Avenue £ 232,0000.04 KM
20 Bedells Avenue £ 206,0000.04 KM
49 Bedells Avenue £ 373,0000.04 KM
48 Bedells Avenue £ 188,0000.04 KM
42 Bedells Avenue £ 196,0000.04 KM