Market outlook for CM77
Key indicators for buyers
The CM77 market presents a mixed picture for buyers. Prices are rising at 10.6%, which may favour acting sooner rather than later. Affordability has improved from a peak of 11.3x in 2021 to 9.2x today. Rising rents (£1,225/mo, +5.0%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Braintree area
A home in Braintree costs 9.2x the local median salary — stretched, improving from a peak of 11.3x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Braintree area
Average monthly rent in Braintree is £1,225, up 5.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Braintree price of £475,000 with a 25% deposit (£119k), a 2-year fixed mortgage at 3.97% costs around £1,875 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CM77 avg. price with Braintree rental data
Monthly mortgage payments (£1,875) are £650 more than renting (£1,225). However, buying requires an upfront deposit of £119k — it would take around 21 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
15, HOSPITAL FIELD, BLACK NOTLEY CM77 8FB | Semi-detached | £475,000 | 23 Jan 2026 |
LE VAK, BRIDGE HALL ROAD, BRADWELL CM77 8EA | Semi-detached | £325,000 | 22 Dec 2025 |
HILL VIEW, BRIDGE HALL ROAD, BRADWELL CM77 8EA | Detached | £640,000 | 19 Dec 2025 |
23, BRAMLEY CLOSE, CRESSING CM77 8PS | Detached | £515,000 | 19 Dec 2025 |
8, THE CLOSE, CRESSING CM77 8HZ | Semi-detached | £182,500 | 19 Dec 2025 |
5, ULLSWATER CLOSE, GREAT NOTLEY CM77 7UQ | Detached | £440,000 | 19 Dec 2025 |
39, RAGLEY CLOSE, GREAT NOTLEY CM77 7XP |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.