Downsizing in Silver End: What You Would Actually Release
Selling at the £390,000 Silver End average and buying at £273,000 releases about £104,800 after costs. Fees, stamp duty and moving take roughly £12,200 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Selling at the £390,000 Silver End average and buying at £273,000 releases about £104,800 after costs. Fees, stamp duty and moving take roughly £12,200 of it.
The downsizing sum for Silver End
Start with the gap. Selling at £390,000 and buying at 70% of that, £273,000, leaves £117,000 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £5,850. Stamp duty on the purchase is £3,650. Total £12,200, leaving £104,800 in hand.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in Silver End.
Downsizing against releasing equity
A lifetime mortgage at 65 on the same property would release about £132,600. Downsizing nets £104,800. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £132,600 release grows to roughly £467,235. The downsizing figure does not grow at all, because there is no debt.
The parts of downsizing that are not financial
Council tax follows the property, not the person. Band D in Silver End is £2,282, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within Silver End looks like
The schools families ask about here are Silver End Academy, Witham & Braintree secondary schools, Essex grammar schools (by exam) and Independent schools (Essex). 1 local school was rated Good or Outstanding overall at its most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Silver End to Witham station takes about 10 min drive.
By price, Silver End ranks 172 of the 200 Essex locations we cover, at £390,000 against a county average of £520,425. Band D council tax here is £2,282, against an average of £2,301 across the towns we cover in the county.
Moving within Essex rather than out of it keeps you near family and known services. The average price across the county towns we cover is £520,425, against £390,000 here.
Is Silver End right to stay in?
Silver End is a historic Crittall model village between Braintree & Witham.
The full local guide covers schools, transport and the market in detail: Silver End property and area guide.
- A characterful, historic model village
- The famous listed Crittall modernist houses
- A settled community, the Institute & gardens
- Well placed for Witham, Braintree & the A12
- A rare, complete piece of interwar planning
- No railway station in the village itself
- Some Crittall houses are non-standard construction
- You drive to Witham or Braintree for the train
- Non-standard homes may need specialist lending
- Flat roofs & steel windows can carry particular upkeep
| Who it suits | Out of five | Why |
|---|---|---|
| Families | ★★★★☆ | Its own primary (Silver End Academy, Good), a strong community and Witham and Braintree close by, in a characterful, well-connected village. |
| Professionals | ★★★★☆ | Well placed for Witham's main line and the A12 for Chelmsford, Colchester and Stansted. |
| First-time buyers | ★★★☆☆ | A mid-range Essex market gives a way in, though a flat-roofed Crittall house may need specialist lending, take advice first. |
| Second-home buyers | ★★★☆☆ | Architecture-lovers value the listed modernist houses, but non-standard construction and lending make them a considered purchase. |
| Commuters (to London) | ★★★☆☆ | No village station, you drive to Witham (Liverpool Street ~45 to 55 min) or Braintree, a manageable but not doorstep commute. |
Silver End is known locally for The Crittall modernist houses, and The Crittall heritage & Braintree Museum. The famous flat-roofed white modernist houses of the model village, in the International Style and among the earliest modern-movement housing in Britain, many now listed, and the thing Silver End is best known for.
Practical detail for Silver End: the CM8 postcode district, no station in the village, nearest Witham (main line) & Braintree; a short drive and nearest A and E is Broomfield Hospital, Chelmsford, verify with NHS.
Silver End has history behind the price. In 1920s, Francis Crittall begins building Silver End as a planned model village for workers at his new metal-window factory.
Silver End at a glance
| Downsizing line | Silver End figure |
|---|---|
| Sale price, local average | £390,000 |
| Purchase at 70% of value | £273,000 |
| Estate agent at 1.5% | £5,850 |
| Stamp duty on purchase | £3,650 |
| Legal and moving | £2,700 |
| Total costs | £12,200 |
| Net released | £104,800 |
| Lifetime mortgage alternative at 65 | £132,600 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Silver End
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £390,000 average
- The council tax band of the property you are buying
- Total moving costs of about £12,200
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Silver End
Broadband speeds can vary street by street in Silver End, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in Silver End?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in Silver End?
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