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Auction
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£260,000
Guide Price

3 bed house for sale Gore Lane, Rayne, Braintree, CM77 6TU

3 beds 1 bath Semi-Detached House
For sale by auction Tenure: ask agent

Added yesterday

About this property

Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).If considering a mortgage, inspect and consider the property carefully with your lender before bidding.

Key features

  • Ideal first time buy
  • Close to village park and Flitch Way
  • Driveway
  • The Modern Method of Auction
  • View, Bid & Buy
  • Cul-de-sac location

Floorplan

Energy performance

Energy rating band E 53
Current
Potential
92+
A
Potential rating: 100 A
81-91
B
69-80
C
55-68
D
39-54
E
Current rating: 53 E
21-38
F
1-20
G

This home is rated band E, scoring 53 out of 100. The average British home is band D. Its certificate says it could reach band A (100) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Price guide

This home
£332 / sq ft
Area average (sold)
£378 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£332 per sq ft, below the middle of recent sales in CM77 (£293–£458, 10th–90th percentile, 421 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 421 homes sold in CM77 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in CM77 →

Location

Gore Lane, Rayne, Braintree, CM77 6TU

Council tax
Band D (Approx £2,280/year)

Mortgage and stamp duty

Property price £260,000
£130k £390k
Deposit10% £26,000
£0 £260k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £234,000 mortgage. Most lenders would want a household income of about £52,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CM77 6TU. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
16, Gore Lane DetachedMay 20261,345 sq ft £375/sq ft£505,000
Gore Cottage, 4, Gore Lane DetachedOct 2024700 sq ft £479/sq ft£335,000
1, Gore Lane TerracedAug 2024538 sq ft £511/sq ft£275,000
2, Gore Lane TerracedJul 2024753 sq ft £385/sq ft£290,000
Melody, Gore Lane DetachedOct 2023£395,000
18, Gore Lane DetachedJan 20231,216 sq ft £452/sq ft£550,000
11, Gore Lane Semi-detachedJan 2022764 sq ft £361/sq ft£276,000
21, Gore Lane DetachedSept 20141,335 sq ft £270/sq ft£360,000

All sales on Gore Lane → All sold prices in Braintree →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Jamie Fisher
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