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According to the public record, 15, Wellands, Witham is a modern freehold house with 3,498 ft2 of internal area and sits on a 1,016 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Wellands, Witham is £1,107,811 and the estimated rental value is £3,390 per month.
Wellands, Wickham Bishops, Witham, CM8 is located in the borough of Maldon within the CM8 postal district.
15, Wellands, Witham has a single entry in the Land Registry from July 2008 and a single entry in the EPC database dated May 2016.
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 15, Wellands, Witham is in very good condition we estimate a sale value of £1,163,202 and a rental value of £3,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,030,264 and a rental value of £3,153 per month.
Over the last 12 months the sale value of 15 Wellands Witham has decreased by an estimated £24,849 (2.2%) and its rental value has increased by an estimated £103 per month (3.0%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 15, Wellands, Witham sits on a plot of 1016m2.
We have plot size data on 39 out of 50 other houses in the postcode and 15, Wellands, Witham sits on the 8th largest plot.
15, Wellands, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 15, Wellands, Witham was last sold on 25th July 2008 for £290,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2008, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Wellands, Witham within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 53, Church Road, Witham, CM8 3JZ, a freehold house which sold for £1,190,000 on the 26th June 2023.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellands, Wickham Bishops, Witham, CM8 has a total of 50 addresses. According to our analysis of all the public data, 15, Wellands, Witham is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £764k more expensive than the average property in CM8.
The closest station to 15, Wellands, Witham is Witham station which is 3.4 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 15, Wellands, Witham, 64.0% of property is privately owned outright and 32.4% 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 15, Wellands, Witham, 12.4% of residents are recorded as possessing school level qualifications and 33.7% 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 15, Wellands, Witham, the average age was 46.6 and the most common age was 57.
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, Wellands, Witham, 2.9% 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, Wellands, Witham, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
