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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Spinks Lane, Witham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 751 ft2 of internal area and sits on a 200 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Spinks Lane, Witham is £320,836 and the estimated rental value is £1,470 per month.
Spinks Lane, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
1, Spinks Lane, Witham has 21 entries in the Land Registry , most recently in March 2018 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 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Spinks Lane, Witham is in very good condition we estimate a sale value of £336,878 and a rental value of £1,543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,378 and a rental value of £1,367 per month.
Over the last 12 months the sale value of 1 Spinks Lane Witham has decreased by an estimated £7,992 (2.5%) and its rental value has increased by an estimated £44 per month (3.0%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 1, Spinks Lane, Witham sits on a plot of 200m2.
We have plot size data on 12 out of 16 other houses in the postcode and 1, Spinks Lane, Witham sits on the 12th largest plot.
According to HM Land Registry, 1, Spinks Lane, Witham was last sold on 1st March 2018 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2018, the market for similar properties has risen 30.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Spinks Lane, Witham within a radius of 560 metres over the last 2 years.
The most recent example is 14, Guithavon Road, Witham, CM8 1HD, a freehold house which sold for £397,000 on the 21st October 2024.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spinks Lane, Witham, CM8 has a total of 20 addresses. According to our analysis of all the public data, 1, Spinks Lane, Witham is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in CM8.
The closest station to 1, Spinks Lane, Witham is Witham station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Spinks Lane, Witham, % 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 1, Spinks Lane, Witham, 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 1, Spinks Lane, Witham, 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 1, Spinks Lane, Witham, 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.
