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Bright Avenue is a residential street with 25 addresses.
It ranks as the 335th largest and 430th most expensive of the 544 streets in the CM8 area. The dominant property type is a modern house built after 1980.
The street contains a total of 25 properties: 25 houses.
Bright Avenue is a residential street with 25 addresses.
It ranks as the 335th largest and 430th most expensive of the 544 streets in the CM8 area. The dominant property type is a modern house built after 1980.
The street contains a total of 25 properties: 25 houses.
Sale prices range from £365,147 for 3 bedroom freehold houses with a garden (861 ft2) to £497,649 for 4 bedroom freehold houses with a garden (1,280 ft2) .
Monthly rental prices range from £1,555 pcm for 3 bed houses to £1,924 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 5.1%.
The average value per square foot is £374.
The last sale on Bright Avenue sold for £490,000 on 24th May 2024. Since then prices are down an average of 0.6%.
The current average value in the street is £463,690.
The Bright Avenue Sales Market has increased by 25.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.9% | £463,690 |
| May 2025 | 1.4% | £472,497 |
| May 2024 | -2.1% | £465,936 |
| May 2023 | 1.2% | £475,968 |
| May 2022 | 9.8% | £470,452 |
| May 2021 | 4.7% | £428,495 |
| May 2020 | 2.4% | £409,134 |
| May 2019 | 0.2% | £399,587 |
| May 2018 | 0.1% | £398,849 |
| May 2017 | 7.9% | £398,262 |
| May 2016 | 13% | £369,019 |
| May 2015 | 7.9% | £326,691 |
| May 2014 | 12.3% | £302,655 |
| May 2013 | 1.7% | £269,508 |
| May 2012 | 1.8% | £265,039 |
| May 2011 | 1.7% | £260,311 |
| May 2010 | 11.9% | £255,893 |
| May 2009 | -16.3% | £228,636 |
| May 2008 | 1% | £273,170 |
| May 2007 | 0% | £270,507 |
The current average rental value in the street is £1,850.
The Bright Avenue Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £1,850pcm |
| May 2025 | 6.4% | £1,788pcm |
| May 2024 | 6.7% | £1,680pcm |
| May 2023 | 7.4% | £1,574pcm |
| May 2022 | 7.3% | £1,465pcm |
| May 2021 | 5.9% | £1,365pcm |
| May 2020 | 0.3% | £1,290pcm |
| May 2019 | 1.9% | £1,286pcm |
| May 2018 | 2% | £1,262pcm |
| May 2017 | 0.9% | £1,237pcm |
| May 2016 | 4.7% | £1,226pcm |
| May 2015 | 4.6% | £1,170pcm |
| May 2014 | 4.8% | £1,118pcm |
| May 2013 | 1.2% | £1,068pcm |
| May 2012 | 2.4% | £1,055pcm |
| May 2011 | 4.8% | £1,030pcm |
| May 2010 | 6.3% | £984pcm |
| May 2009 | -5.8% | £926pcm |
| May 2008 | 3.7% | £982pcm |
| May 2007 | 0% | £947pcm |
The last sale was on 24th May 2024 for £490,000 and since then the market in the area has decreased by 0.6%. The street has had a total of 21 sales since 1995.
Bright Avenue, Witham, CM8 has seen 1 sale in the last three years and no sales in the last twelve months.
Bright Avenue, Witham, CM8 is the 335th largest and the 430th most expensive street in the CM8 area.
There is 1 postcode on Bright Avenue, Witham, CM8.
The closest station to Bright Avenue, Witham, CM8 is Hatfield Peverel station which is 2.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Bright Avenue, Witham, CM8, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Bright Avenue, Witham, CM8, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Bright Avenue, Witham, CM8, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Bright Avenue, Witham, CM8, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.