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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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According to the public record, 2, Bright Avenue, Witham is a modern freehold house with 1,280 ft2 of internal area and sits on a 372 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bright Avenue, Witham is £497,649 and the estimated rental value is £1,909 per month.
Bright Avenue, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
2, Bright Avenue, Witham has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated August 2020.
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 2, Bright Avenue, Witham is in very good condition we estimate a sale value of £522,531 and a rental value of £2,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,813 and a rental value of £1,775 per month.
Over the last 12 months the sale value of 2 Bright Avenue Witham has decreased by an estimated £8,647 (1.7%) and its rental value has increased by an estimated £68 per month (3.5%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 2, Bright Avenue, Witham sits on a plot of 372m2.
We have plot size data on 21 out of 25 other houses in the postcode and 2, Bright Avenue, Witham sits on the 4th largest plot.
2, Bright Avenue, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Bright Avenue, Witham was last sold on 24th May 2024 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bright Avenue, Witham within a radius of 900 metres over the last 2 years.
The most recent example is 6, Bright Avenue, Witham, CM8 1ZE, a freehold house which sold for £474,995 on the 2nd October 2020.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bright Avenue, Witham, CM8 has a total of 25 addresses. According to our analysis of all the public data, 2, Bright Avenue, Witham is the 15th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in CM8.
The closest station to 2, Bright Avenue, Witham is Hatfield Peverel station which is 2.1 kilometres away.
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 2, Bright Avenue, 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 2, Bright Avenue, 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 2, Bright Avenue, 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, Bright Avenue, 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.
