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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
According to the public record, 12, Cherry Tree Rise, Witham is a mid-century freehold house with 1,194 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Cherry Tree Rise, Witham is £369,074 and the estimated rental value is £1,811 per month.
Cherry Tree Rise, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
12, Cherry Tree Rise, Witham has 41 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property 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 12, Cherry Tree Rise, Witham is in very good condition we estimate a sale value of £387,528 and a rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,239 and a rental value of £1,684 per month.
Over the last 12 months the sale value of 12 Cherry Tree Rise Witham has decreased by an estimated £8,292 (2.2%) and its rental value has increased by an estimated £57 per month (3.1%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 12, Cherry Tree Rise, Witham sits on a plot of 249m2.
We have plot size data on 20 out of 20 other houses in the postcode and 12, Cherry Tree Rise, Witham sits on the 4th largest plot.
12, Cherry Tree Rise, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Cherry Tree Rise, Witham was last sold on 10th June 2020 for £328,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since June 2020, the market for similar properties has risen 28.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Cherry Tree Rise, Witham within a radius of 640 metres over the last 2 years.
The most recent example is 19, Elm Rise, Witham, CM8 2LE, a leasehold house which sold for £385,000 on the 17th October 2024.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Rise, Witham, CM8 has a total of 20 addresses. According to our analysis of all the public data, 12, Cherry Tree Rise, Witham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in CM8.
The closest station to 12, Cherry Tree Rise, Witham is Witham station which is 1.1 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Cherry Tree Rise, Witham, 44.6% of property is privately owned outright and 40.5% is privately owned with a mortgage.
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 12, Cherry Tree Rise, Witham, 14.8% of residents are recorded as possessing school level qualifications and 18.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Cherry Tree Rise, Witham, the average age was 40.5 and the most common age was 32.
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 12, Cherry Tree Rise, Witham, 3.2% 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 12, Cherry Tree Rise, Witham, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
