We
2023 January - December
Property Marketing Insights
Est 1968
Our Beresfords Property Marketing Insights Report for Braintree provides you with area statistics, a review of the Residential Sales and Lettings Market over the last 12 months, and also gives you an insight into property prices in the area over a six year period. Interested in Braintree? Read on for more information.
Braintree tel | 01245 397499
Area Insights | Braintree
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Area Insights - Braintree Braintree town’s economic landscape is prominently shaped by the Public administration, education & health sector, employing 25.8% of the working-age population. This multifaceted overview provides a snapshot of Braintree’s demographic profile, population growth, age distribution, household composition, and key employment sectors. The town’s population density of 3.7 residents per hectare, surpasses the regional average.
within the 35 to 44 age bracket, a figure below the regional average. Household structures vary, with 26.6% comprising single-person households and 39.7% consisting of families with children.
As of 2021, it is home to 66,763 individuals, reflecting a notable 5.7% population increase over the decade spanning from 2011 to 2021. Interestingly, the age distribution reveals that 12.8% of the residents fall
Braintree Residential Sales Overview •
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Over the last 12 months the average sales price in Braintree was £328,262. The total value of sales was £280,916,985. 19% of sales in the past 12 months were flats, achieving an average sales price of £178,639. Houses achieved an average price of £379,770.
The highest value recorded by the Land Registry over the past 12 months was £360,000 for a flat and £1,980,000 for a house.
Braintree benefits from a combination of a�ordable properties, superb transport links to the capital and beautiful rural surroundings. From designer boutiques through to popular high street shops, the old market town also o�ers a great selection of shopping options for you to get your retail fix! Nick Thompson Sales Manager beresfords.co.uk
Sales | Braintree
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Average Sales Prices The chart below shows the average sales prices in Braintree for all properties from January 2018 (£274,794) to Oct 2023 (£319,726).
Change in prices compared to July 2022
Beresfords 2023 Statistics
15,171
384,652
New buyers registered
Unique visitors to our website
99% of asking price achieved
15,851 New tenants registered
beresfords.co.uk
Lettings | Braintree
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Braintree Residential Lettings Overview •
Over the last 12 months, the average rent achieved for homes let in Braintree was £1,120 per month. This is a +8% change on the previous 12 month period.
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38% of homes let in the past 12 months were flats, achieving an average rental value of £860 per month. Houses achieved an average rent of £1,308 per month. 21% of renters are aged between 25 and 29.
Below shows the average rental figures achieved in Braintree by property type.
Below shows the average rental figures achieved in Braintree by property type.
Independent Mortgage & Protection Advisers
Let Flagstone do the work! At Flagstone we like to build relationships and love nothing more than helping returning clients with their ongoing mortgage and protection needs. To find out how Flagstone can help you, call to book your FREE appointment on:
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