Market Insights, Braintree

Braintree's population density of 3.7 residents per hectare, surpasses the regional average and 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 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.

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. 

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.

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.

Braintree offers a wide range of property stock at competitive prices compared to other surrounding areas whilst being conveniently located close to key amenities including Stansted Airport. Average selling prices have increased by more than 170% over the last 20 years and demand from tenants remains strong with many working at the airport, racecourse, designer village or local hospital. The M11 motorway is within a 15-minute drive offering direct access south into London or north either via the A1 or A14. For those using the train, Braintree station offers links to London Liverpool Street in just over 60 minutes.