18, Mersey Road
18, Mersey Road
Description & Estimates
18, Mersey Road, Witham is recorded publicly as a mid-century freehold house across 775 ft2 of internal area, sitting on a 174 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 18, Mersey Road, Witham is £322,407 and its rental estimate is £1,484 per month, given the available information and assuming reasonable condition.
Mersey Road, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
Our Data Sources
18, Mersey Road, Witham has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated May 2014.
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.
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 18, Mersey Road, Witham, we estimate a market value of £338,527 and a rental value of £1,559 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £299,838 and £1,380 per month respectively.
Recent Market Change
Over the last year, 18, Mersey Road, Witham has seen its estimated sale value decrease by £6,869 (2.1%) and its estimated rental value grow by £47 per month (3.2%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 18, Mersey Road, Witham as measuring 174 m2.
That makes it the 9th largest plot in the postcode, where all 15 other houses have recorded plot data.
Energy Efficiency
18, Mersey Road, Witham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2014.
The property is not 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 18, Mersey Road, Witham completed on 24th January 2014 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 52.1% over the period since January 2014.
- Sold Jan 2014£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Mersey Road, Witham have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2022, was 17, Mersey Road, Witham, CM8 1LL, a freehold house which sold for £350,500.
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 35 addresses on Mersey Road, Witham, CM8, 18, Mersey Road, Witham comes out as the 32nd largest and the 27th most expensive in our analysis of the public data.
It is also £21k less expensive than the average property across the CM8 district.
More reading links
Schools Nearby
- 300mWitham Oaks Academy
- 300mAcorn Academy
- 1.2kmTemplars Academy
- 900mLift Maltings
- 1.7kmLift New Rickstones
- 8.4kmAlec Hunter Academy
More reading links
Public Transport Nearby
From 18, Mersey Road, Witham, the nearest station is Witham, 800 metres away.
- 800mWitham
- 3.6kmHatfield Peverel
- 4.5kmWhite Notley
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.
