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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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15, Allectus Way, Witham is described in the public record as a mid-century apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 15, Allectus Way, Witham is £157,997 and its rental estimate is £934 per month, given the available information and assuming reasonable condition.
Allectus Way, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
15, Allectus Way, Witham has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 15, Allectus Way, Witham, we estimate a market value of £165,897 and a rental value of £980 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £146,938 and £868 per month respectively.
Over the last year, 15, Allectus Way, Witham has seen its estimated sale value move down by £3,340 (2.1%) and its estimated rental value increase by £28 per month (3.0%). This results in an estimated gross rental yield of 7.1%.
15, Allectus Way, Witham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 15, Allectus Way, Witham have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2024, was 28, Shortridge Court, Witham, CM8 1ET, a leasehold flat which sold for £125,000.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 99 addresses on Allectus Way, Witham, CM8, 15, Allectus Way, Witham comes out as the 93rd largest and the 91st most expensive in our analysis of the public data.
It is also £185k less expensive than the average property across the CM8 district.
From 15, Allectus Way, Witham, the nearest station is Witham, 1.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Allectus Way, 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 15, Allectus Way, 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 15, Allectus Way, 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 15, Allectus Way, 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.
