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Is Braintree A Good Place To Live?

January 3rd 2022
By: Intercounty
Is Braintree A Good Place To Live?

If you are looking to make changes to your life in 2022, you will not be alone. This is an ideal time of year to make changes for the better, and for a lot of people, this includes moving home.

If you are considering moving home, you have a lot to take on board. You will need to think about your budget, and what you can afford to buy. You should also think about issues such as transport, and schools, if you have young children.

Of course, you should also think about your surroundings, and what the area is like to live in. Most people want to feel settled and comfortable, and at Intercounty, we believe Braintree is a good place to live.

Braintree has a lot to offer

Amongst the most common factors people consider when looking at an area, we believe the economic outlook of an area is crucial for prospective homebuyers.

We think Braintree is well connected, ensuring people can make their way to and from work as part of a daily commute. It is believed before the pandemic that more than 32,000 Braintree residents commuted to work in London, and areas such as Chelmsford or Colchester.

Remote working is a key part of life these days, but this might not always be the case. Even if it remains the case for some time, knowing you can stay connected in Braintree while enjoying spacious and pleasant surroundings is a comforting thought for most prospective property buyers.

How are property prices in Braintree in 2022?

According to Rightmove, as we enter 2022, house prices in Braintree are as follows;

Properties in Braintree had an overall average price of £330,731 over the last year.

The majority of sales in Braintree during the last year were semi-detached properties, selling for an average price of £313,096. Detached properties sold for an average of £456,363, with terraced properties fetching £271,207.

Overall, sold prices in Braintree over the last year were 8% up on the previous year and 9% up on the 2018 peak of £304,776.”

With house prices in Braintree rising by about 8% in the past year, we shouldn’t be surprised, as house prices have risen in most places over the past year.

It is likely that house prices will rise in 2022, and of course, interest rates have recently risen. While there are many factors which cause house prices to rise, the demand for homes being far greater than supply is a big element to consider.

If you are looking to sell your Braintree home, we are more than happy to assist you. We have helped many vendors and buyers in Braintree, and we look forward to connecting you.

Contact Intercounty for all your Braintree property market needs

For all property enquiries in Braintree, please feel free to call us on 01376 322988 or why not email us at braintree@intercounty.co.uk. With considerable experience in the local housing market, and free valuation services, we look forward to helping you make an informed decision in the Braintree property market.