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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, 2, Braxted Road, Witham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 996 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Braxted Road, Witham is £429,874 and the estimated rental value is £1,650 per month.
Braxted Road, Rivenhall, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
2, Braxted Road, Witham has 21 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 2, Braxted Road, Witham is in very good condition we estimate a sale value of £451,368 and a rental value of £1,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,783 and a rental value of £1,534 per month.
Over the last 12 months the sale value of 2 Braxted Road Witham has decreased by an estimated £9,158 (2.1%) and its rental value has increased by an estimated £53 per month (3.2%), giving an expected gross yield of 4.6%.
According to HM Land Registry, 2, Braxted Road, Witham was last sold on 6th December 2007 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2007, the market for similar properties has risen 60.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Braxted Road, Witham within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 10, Foxden, Witham, CM8 3HN, a freehold house which sold for £385,000 on the 9th March 2023.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Braxted Road, Rivenhall, Witham, CM8 has a total of 7 addresses. According to our analysis of all the public data, 2, Braxted Road, Witham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in CM8.
The closest station to 2, Braxted Road, Witham is Witham station which is 2.3 kilometres away.
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 2, Braxted Road, Witham, 39.7% of property is privately owned with a mortgage and 27.3% is privately owned outright.
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 2, Braxted Road, Witham, 16.7% of residents are recorded as possessing school level qualifications and 29.5% 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 2, Braxted Road, 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 2, Braxted Road, 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 2, Braxted Road, Witham, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
