House prices in CM7 9 (Braintree)

This article reveals price per square foot data and various charts to help you understand current housing market in 'CM7 9' (Braintree) - statistics were last calculated on 30 August 2024.

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Defining 'CM7 9'

This analysis is limited to properties whose postcode starts with "CM7 9", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Braintree.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

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

£ per sqft = price ÷ internal area

E.g. 39, Falkland Court, Braintree, sold for £97,000 on Jul-2024. Given the internal area of 570 square feet, the price per sqft is £170.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £301-£325, £325-£348, £348-£371 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 183 sales in Braintree (CM7 9) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

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.

The spread of prices will give you a feel of the typical range to expect in Braintree (CM7 9). Of the 183 transactions, half were sold for between £295 and £412 per square foot. The median, or 'middle', price per square foot in 'CM7 9' is £359. Notably, only 25% of properties that sold recently were valued at more than £412 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Braintree

Do have a look at the interactive price map I created. 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.

House price heatmap for Braintree

Comparison with neighbouring postcode sectors

The table below shows how 'CM7 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CM7 1 Braintree	£301 sqft	£366 sqft	£423 sqft
CM7 2 Braintree	£300 sqft	£340 sqft	£380 sqft
CM7 3 Braintree	£287 sqft	£334 sqft	£401 sqft
CM7 5 Braintree	£314 sqft	£359 sqft	£405 sqft
CM7 4 Great Bardfield	£342 sqft	£400 sqft	£484 sqft
CM7 9 Braintree	£295 sqft	£359 sqft	£412 sqft

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 chart below for CM7 9 (Braintree) compared with both the wider area CM7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Braintree to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. 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.

Street level data

Street	Avg size	Avg £sqft	Recent sales
Coggeshall Road, Braintree, CM7 9E	882 sqft	£320	37
Bradford Street, Braintree, CM7 9A	0 sqft	£317	25
Bridport Way, Braintree, CM7 9F	0 sqft	£360	22
Warley Close, Braintree, CM7 9E	796 sqft	£319	14
Deerleap Way, Braintree, CM7 9F	0 sqft	£395	13
River Mead, Braintree, CM7 9A	0 sqft	£339	12
Broad Road, Braintree, CM7 9R	0 sqft	£318	12
Edinburgh Gardens, Braintree, CM7 9L	785 sqft	£352	11

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	sqft	£/sqft
39, Falkland Court, Braintree	£97,000 Jul-2024	570	170
14, Bourchier Avenue, Braintree	£370,000 Jul-2024	882	419
9, Stafford Crescent, Braintree	£300,000 Jul-2024	688	435

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