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According to the public record, 2, Dormer Drive, Witham is a modern freehold house with 1,248 ft2 of internal area.
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, Dormer Drive, Witham is £434,708 and the estimated rental value is £1,914 per month.
Dormer Drive, Silver End, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
2, Dormer Drive, Witham has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property 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, Dormer Drive, Witham is in very good condition we estimate a sale value of £456,443 and a rental value of £2,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,278 and a rental value of £1,780 per month.
Over the last 12 months the sale value of 2 Dormer Drive Witham has decreased by an estimated £9,767 (2.2%) and its rental value has increased by an estimated £60 per month (3.1%), giving an expected gross yield of 5.3%.
2, Dormer Drive, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Feb 2022.
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, Dormer Drive, Witham was last sold on 30th September 2022 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Dormer Drive, Witham within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 9, Dormer Drive, Witham, CM8 3XS, a freehold house which sold for £485,000 on the 15th March 2023.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dormer Drive, Silver End, Witham, CM8 has a total of 30 addresses. According to our analysis of all the public data, 2, Dormer Drive, Witham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in CM8.
The closest station to 2, Dormer Drive, Witham is White Notley station which is 2.5 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, Dormer Drive, 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, Dormer Drive, 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, Dormer Drive, 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, Dormer Drive, 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.