1, Poney Chase
1, Poney Chase
Description & Estimates
1, Poney Chase, Witham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,316 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 1, Poney Chase, Witham is £601,079 and its rental estimate is £1,972 per month, given the available information and assuming reasonable condition.
Poney Chase, Wickham Bishops, Witham, CM8 falls within the CM8 postal district, in the borough of Maldon.
Our Data Sources
1, Poney Chase, Witham has a single entry in the Land Registry from July 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Poney Chase, Witham, we estimate a market value of £631,133 and a rental value of £2,070 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £559,004 and £1,834 per month respectively.
Recent Market Change
Over the last year, 1, Poney Chase, Witham has seen its estimated sale value fall by £10,444 (1.7%) and its estimated rental value move up by £70 per month (3.5%). This results in an estimated gross rental yield of 3.9%.
Sold Prices
The most recent sale of 1, Poney Chase, Witham completed on 7th July 2021 at £645,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 22.0% over the period since July 2021.
- Sold Jul 2021£645,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Poney Chase, Witham have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2024, was 14, Roots Lane, Witham, CM8 3LS, a freehold house which sold for £695,000.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Poney Chase, Wickham Bishops, Witham, CM8, 1, Poney Chase, Witham comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £258k more expensive than the average property across the CM8 district.
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Schools Nearby
- 800mGreat Totham Primary School
- 3.0kmHowbridge Church of England Junior School
- 3.0kmHowbridge Infant School
- 3.5kmLift Maltings
- 5.1kmLift New Rickstones
- 5.6kmPlume School
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Public Transport Nearby
From 1, Poney Chase, Witham, the nearest station is Witham, 3.8 kilometres away.
- 3.8kmWitham
- 5.7kmHatfield Peverel
- 7.1kmKelvedon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
