Feb 07, 2023 by HM

House prices in Braintree (CM7 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Braintree (CM7 9).

Price per square metre

Knowing the average house price in Braintree is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 64, Deerleap Way, Braintree, sold for £325,000 on Oct-2023. Given the internal area of 56 square metres, the price per sqm is £5,803.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 214 sales in Braintree (CM7 9) that took place in the last two years.

Distribution of £ per sqm for Braintree (CM7 9)
Distribution of £ per sqm house prices in Braintree

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Braintree (CM7 9). Of the 214 transactions, half were sold for between £3,340 and £4,370 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,370m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CM7 9' is £3,840. The table below shows how 'CM7 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM7 1 Braintree £3,350m2 £3,920m2 £4,520m2
CM7 4 Great Bardfield £3,860m2 £4,260m2 £4,710m2
CM7 5 Bocking £3,250m2 £3,790m2 £4,250m2
CM7 9 Braintree £3,340m2 £3,840m2 £4,370m2
CM7 2 Braintree £3,330m2 £3,750m2 £4,150m2
CM7 3 Braintree £3,170m2 £3,690m2 £4,370m2

Will Braintree house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CM7 9 (Braintree). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CM7 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Braintree (CM7 9) over time
House price trends for Braintree

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Braintree and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Braintree data or any other data I am given.

Price map for Braintree

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Braintree. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

Property price heatmap for Braintree
House price heatmap for Braintree

Street level data

Street Avg size Avg £/m2 Recent sales
Coggeshall Road, Braintree, CM7 9E 83m2 £3,340 51
Bridport Way, Braintree, CM7 9F 123m2 £3,610 24
Bradford Street, Braintree, CM7 9A 101m2 £3,215 22
River Mead, Braintree, CM7 9A 104m2 £3,438 13
Deerleap Way, Braintree, CM7 9F 96m2 £3,912 13
Warley Close, Braintree, CM7 9E 74m2 £3,286 13
Edinburgh Gardens, Braintree, CM7 9L 73m2 £3,994 13
Broad Road, Braintree, CM7 9R 146m2 £3,235 12

Search for your street here.

Raw data

Our analysis of Braintree is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
64, Deerleap Way, Braintree £325,000
56 5,803
32, Connaught Gardens, Braintree £440,000
79 5,569
3, Northumberland Close, Braintree £280,000
67 4,179

See the entire list of all sales in Braintree (CM7 9) here.


HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.