Housing Market Analysis for VERNON WAY, CM7 9TY

Are you looking to understand CM7 9TY house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Braintree postcode.

For the location information and nearby amenities in the CM7 9TY area, explore the CM7 9TY Area information page.
For comprehensive crime statistics in the CM7 9TY area, explore the CM7 9TY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM7 9TY postcode area, The average prices are as follows,

Terraced
- The average price is around £150,291 median price is £145,000 Standard Deviation is £52,922 with Total Sold: 17
- The Last 5 Year average price is £261,500 with Total Sold: 2
- The most recent sale happened at this postcode is 41 VERNON WAY: £275,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 39 VERNON WAY: £54,000 (Sold on 24 Sep 1999)
Semi-Detached
- The average price is around £191,859 median price is £180,000 Standard Deviation is £79,424 with Total Sold: 14
- The Last 5 Year average price is £284,500 with Total Sold: 3
- The most recent sale happened at this postcode is 66 VERNON WAY: £320,000 (Sold on 29 Apr 2022)
- The first recorded sale happened at this postcode is 62 VERNON WAY: £26,520 (Sold on 06 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average CM7 9TY house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£275,000	£3,873	1
2020	£248,000	£3,543	1
2015	£176,000	£2,479	1
2012	£150,750	£1,998	2
2011	£144,500	£1,927	1
2008	£169,833	£2,232	3
2007	£112,000	£1,594	1
2005	£142,000		1
2004	£170,000	£2,429	1
2002	£108,317	£1,538	3
2001	£97,500		1
1999	£54,000	£761	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£320,000	£4,384	1
2019	£266,750	£3,182	2
2018	£267,500	£3,318	2
2017	£220,000	£3,014	1
2016	£200,000	£2,740	1
2011	£150,000	£2,011	1
2009	£160,000	£1,782	1
2005	£154,667	£1,977	3
2000	£77,000		1
1997	£26,520	£295	1

All the Sales in the VERNON WAY, CM7 9TY

See the table below for more details on the sold house prices in the CM7 9TY, Braintree postcode.

Address	Sold Date	Price	% Change
41 VERNON WAYTerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	21 Jul 2023	£275,000	First Sale
66 VERNON WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1967-1975	29 Apr 2022	£320,000	25.49%
	11 Feb 2019	£255,000	27.50%
	14 Apr 2016	£200,000	First Sale
53 VERNON WAYTerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	06 Jan 2020	£248,000	32.27%
	04 Apr 2008	£187,500	10.29%
	26 Nov 2004	£170,000	First Sale
46 VERNON WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	20 Dec 2019	£278,500	First Sale
62 VERNON WAYSemi-Detached, FreeholdArea: 89.78 Sq.mtr	17 Dec 2018	£250,000	56.25%
	18 Dec 2009	£160,000	3.23%
	29 Jul 2005	£155,000	484.46%
	06 Oct 1997	£26,520	First Sale
72 VERNON WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1967-1975	04 May 2018	£285,000	79.25%
	24 Mar 2005	£159,000	First Sale
50 VERNON WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1967-1975	17 Mar 2017	£220,000	46.67%
	09 Dec 2005	£150,000	First Sale
39 VERNON WAYTerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	09 Jan 2015	£176,000	46.73%
	18 Nov 2002	£119,950	122.13%
	24 Sep 1999	£54,000	First Sale
37 VERNON WAYTerraced, FreeholdArea: 70.28 Sq.mtrAge: 1967-1975	20 Jul 2012	£147,500	31.70%
	26 Feb 2007	£112,000	First Sale
31 VERNON WAYTerraced, FreeholdArea: 81.17 Sq.mtrAge: 1950-1966	31 May 2012	£154,000	6.21%
	31 Oct 2008	£145,000	28.89%
	11 Nov 2002	£112,500	First Sale
49 VERNON WAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1976-1982	29 Jul 2011	£144,500	First Sale
60 VERNON WAYSemi-Detached, FreeholdArea: 74.6 Sq.mtrAge: 1967-1975	09 May 2011	£150,000	First Sale
43 VERNON WAYTerraced, Freehold	25 Apr 2008	£177,000	First Sale
51 VERNON WAYTerraced, Freehold	05 Dec 2005	£142,000	First Sale
35 VERNON WAYTerraced, Freehold	07 Mar 2002	£92,500	First Sale
45 VERNON WAYTerraced, Freehold	11 Jul 2001	£97,500	First Sale
54 VERNON WAYSemi-Detached, Freehold	25 May 2000	£77,000	First Sale

Check out the sold house prices near the CM7 9TY postcode. Properties currently for saleProperties currently for rent

VERNON WAY, CM7 9TY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM7 9TY postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CM7 9TY postcode.

Detached
- The average price is around £204,492 median price is £184,000 Standard Deviation is £105,835 with Total Sold: 1,291
- The Last 5 Year average price is £385,611 with Total Sold: 127
- The most recent sale happened at this postcode is , 77 BRIDPORT WAY: £450,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 41 BEATTY GARDENS: £48,000 (Sold on 10 Feb 1995)
Flat
- The average price is around £87,779 median price is £85,000 Standard Deviation is £48,869 with Total Sold: 396
- The Last 5 Year average price is £144,941 with Total Sold: 51
- The most recent sale happened at this postcode is , 9 FALKLAND COURT: £102,500 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 8 TRAFALGAR COURT: £28,000 (Sold on 31 Mar 1995)
Terraced
- The average price is around £147,110 median price is £142,000 Standard Deviation is £82,444 with Total Sold: 622
- The Last 5 Year average price is £273,801 with Total Sold: 91
- The most recent sale happened at this postcode is , 9 STAFFORD CRESCENT: £300,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 24 DEERLEAP WAY: £62,000 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £158,463 median price is £153,000 Standard Deviation is £85,195 with Total Sold: 859
- The Last 5 Year average price is £298,730 with Total Sold: 113
- The most recent sale happened at this postcode is , 20 DRAKE GARDENS: £290,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is , 2 CAVENDISH GARDENS: £54,500 (Sold on 16 Jan 1995)
Other
- The average price is around £997,292 median price is £365,000 Standard Deviation is £1,710,196 with Total Sold: 6
- The Last 5 Year average price is £252,167 with Total Sold: 3
- The most recent sale happened at this postcode is , SWISS BELL MOUNTBATTEN ROAD: £450,000 (Sold on 14 Jun 2022)
- The first recorded sale happened at this postcode is , 11 GILBERT WAY: £2,250 (Sold on 04 Nov 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£397,500	£3,805	9
2023	£418,042	£4,444	12
2022	£466,912	£3,977	17
2021	£388,158	£3,591	38
2020	£356,898	£3,352	23
2019	£338,661	£3,381	28
2018	£351,413	£3,389	23
2017	£371,523	£3,106	22
2016	£337,739	£3,155	23
2015	£303,833	£2,797	33
2014	£248,793	£2,526	29
2013	£237,368	£2,173	34
2012	£244,854	£2,366	24
2011	£234,345	£2,159	29
2010	£254,680	£2,255	33
2009	£218,574	£2,051	27
2008	£262,124	£2,394	21
2007	£265,098	£2,393	43
2006	£247,947	£2,224	38
2005	£219,341	£2,028	41
2004	£213,364	£2,044	58
2003	£205,634	£1,875	54
2002	£173,098	£1,572	70
2001	£144,830	£1,287	97
2000	£135,049	£1,180	119
1999	£120,173	£1,074	83
1998	£109,828	£992	92
1997	£102,913	£1,058	92
1996	£100,547	£913	44
1995	£105,903	£979	35

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,786	£2,342	7
2023	£151,909	£3,022	11
2022	£149,346	£3,038	13
2021	£146,750	£2,449	12
2020	£152,500	£2,624	4
2019	£111,000	£2,355	4
2018	£140,833	£2,563	6
2017	£171,225	£3,072	20
2016	£122,182	£2,298	11
2015	£107,000	£1,952	9
2014	£95,875	£1,824	12
2013	£80,642	£1,747	7
2012	£82,498	£1,542	2
2011	£82,857	£1,491	7
2010	£94,667	£1,667	3
2009	£87,498	£1,625	2
2008	£113,436	£1,778	7
2007	£134,672	£2,320	26
2006	£106,874	£2,006	20
2005	£95,789	£1,731	19
2004	£87,520	£1,639	22
2003	£79,306	£1,521	16
2002	£68,718	£1,244	26
2001	£50,522	£963	27
2000	£47,712	£806	20
1999	£33,946	£596	13
1998	£29,581	£615	18
1997	£27,196	£499	20
1996	£23,855	£473	18
1995	£26,682	£504	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£284,355	£4,437	9
2023	£289,571	£4,143	14
2022	£310,607	£3,815	14
2021	£271,750	£3,532	24
2020	£245,857	£3,501	14
2019	£249,388	£3,376	16
2018	£245,892	£3,273	19
2017	£255,643	£3,683	14
2016	£248,143	£2,954	14
2015	£204,971	£2,900	17
2014	£188,495	£2,719	14
2013	£163,133	£2,135	15
2012	£146,235	£2,002	17
2011	£153,017	£2,198	15
2010	£155,850	£2,332	10
2009	£148,875	£1,989	12
2008	£166,454	£2,142	11
2007	£151,826	£2,281	16
2006	£194,136	£2,221	31
2005	£150,511	£2,313	21
2004	£141,910	£1,995	28
2003	£132,311	£1,899	22
2002	£103,947	£1,502	35
2001	£84,216	£1,219	44
2000	£70,389	£972	27
1999	£59,002	£909	23
1998	£58,420	£755	22
1997	£58,213	£876	57
1996	£58,592	£920	25
1995	£53,270	£798	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,450	£4,443	10
2023	£340,607	£4,568	14
2022	£317,156	£3,799	25
2021	£294,655	£3,676	20
2020	£267,304	£3,492	23
2019	£278,262	£3,406	21
2018	£273,342	£3,377	19
2017	£267,250	£3,363	12
2016	£254,241	£3,325	27
2015	£216,852	£2,816	24
2014	£206,136	£2,369	22
2013	£176,916	£2,230	12
2012	£194,615	£2,502	16
2011	£167,963	£2,599	25
2010	£170,289	£2,030	19
2009	£165,591	£2,036	22
2008	£181,668	£2,339	19
2007	£184,918	£2,184	37
2006	£180,219	£2,198	34
2005	£169,828	£2,075	32
2004	£162,008	£2,131	49
2003	£141,462	£1,800	41
2002	£119,111	£1,513	42
2001	£97,506	£1,283	39
2000	£79,824	£1,030	37
1999	£68,625	£894	57
1998	£65,282	£843	29
1997	£63,156	£844	61
1996	£58,003	£769	35
1995	£55,682	£724	36

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£450,000		1
2019	£153,250	£22	2
2018	£425,000	£3,346	1
2017	£4,800,000	£52,174	1
2016	£2,250		1

House Type in CM7 9TY area

The most common house types in the CM7 9TY postcode area are Detached (83), Semi-detached (37), and Terraced (23).

Total	143
Detached	83
Semi-detached	37
Terraced	23
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (80), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan	80
Owned: Owns outright	50
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the CM7 9TY have 4 people in household (38), and 2 people in household (37).

4 people in household	38
2 people in household	37
3 people in household	30
1 person in household	21
5 people in household	13
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0