115, Wood Grove
115, Wood Grove
Description & Estimates
115, Wood Grove, Witham is recorded publicly as a modern leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 115, Wood Grove, Witham is £151,732 and its rental estimate is £765 per month, given the available information and assuming reasonable condition.
Wood Grove, Silver End, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
Our Data Sources
115, Wood Grove, Witham has 2 entries in the Land Registry , most recently in October 2008 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 115, Wood Grove, Witham, we estimate a market value of £159,319 and a rental value of £803 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £141,111 and £711 per month respectively.
Recent Market Change
Over the last year, 115, Wood Grove, Witham has seen its estimated sale value fall by £2,596 (1.7%) and its estimated rental value move up by £28 per month (3.6%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
115, Wood Grove, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 115, Wood Grove, Witham completed on 3rd October 2008 at £50,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 115.6% over the period since October 2008.
- Sold Oct 2008£50,000
- Sold Mar 2008£20,408
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 115, Wood Grove, Witham have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th August 2023, was 75, Wood Grove, Witham, CM8 3FL, a leasehold flat which sold for £140,000.
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 82 addresses on Wood Grove, Silver End, Witham, CM8, 115, Wood Grove, Witham comes out as the 80th largest and the 80th most expensive in our analysis of the public data.
It is also £192k less expensive than the average property across the CM8 district.
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Schools Nearby
- 800mSilver End Academy
- 2.4kmCressing Primary School
- 3.0kmWhite Notley Church of England Voluntary Controlled Primary School
- 3.7kmLift New Rickstones
- 4.1kmAlec Hunter Academy
- 5.3kmNotley High School and Braintree Sixth Form
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Public Transport Nearby
From 115, Wood Grove, Witham, the nearest station is White Notley, 2.3 kilometres away.
- 2.3kmWhite Notley
- 3.1kmCressing (Essex)
- 4.4kmBraintree Freeport
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.
