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16, Witham Road, Witham is recorded publicly as a mid-century freehold house across 1,216 ft2 of internal area, sitting on a 601 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 16, Witham Road, Witham is £615,914 and its rental estimate is £2,056 per month, given the available information and assuming reasonable condition.
Witham Road, Wickham Bishops, Witham, CM8 falls within the CM8 postal district, in the borough of Maldon.
16, Witham Road, Witham has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 16, Witham Road, Witham, we estimate a market value of £646,709 and a rental value of £2,159 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £572,800 and £1,912 per month respectively.
Over the last year, 16, Witham Road, Witham has seen its estimated sale value fall by £10,702 (1.7%) and its estimated rental value move up by £73 per month (3.5%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 16, Witham Road, Witham as measuring 601 m2.
That makes it the 18th largest plot in the postcode, where 19 of the 25 other houses have recorded plot data.
16, Witham Road, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16, Witham Road, Witham completed on 22nd June 2022 at £550,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 27.4% over the period since June 2022.
Over the past 2 years 3 properties similar to 16, Witham Road, Witham have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2024, was 27, Holt Drive, Witham, CM8 3JR, a freehold house which sold for £550,000.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 33 addresses on Witham Road, Wickham Bishops, Witham, CM8, 16, Witham Road, Witham comes out as the 30th largest and the 27th most expensive in our analysis of the public data.
It is also £273k more expensive than the average property across the CM8 district.
From 16, Witham Road, Witham, the nearest station is Witham, 3.5 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 16, Witham Road, Witham, 57.8% of property is privately owned outright and 26.6% 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 16, Witham Road, Witham, 16.1% of residents are recorded as possessing school level qualifications and 33.2% 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 16, Witham Road, 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 16, Witham Road, Witham, 2.8% 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 16, Witham Road, Witham, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.