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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, 21, Richards Close, Witham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 776 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 21, Richards Close, Witham is £204,627 and the estimated rental value is £1,160 per month.
Richards Close, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
21, Richards Close, Witham has 21 entries in the Land Registry , most recently in April 2010 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 21, Richards Close, Witham is in very good condition we estimate a sale value of £214,858 and a rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,303 and a rental value of £1,078 per month.
Over the last 12 months the sale value of 21 Richards Close Witham has decreased by an estimated £6,358 (3.1%) and its rental value has increased by an estimated £27 per month (2.3%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 21, Richards Close, Witham was last sold on 29th April 2010 for £144,995 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2010, the market for similar properties has risen 33.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Richards Close, Witham within a radius of 550 metres over the last 2 years.
The most recent example is 29, Tucker Drive, Witham, CM8 1FA, a leasehold flat which sold for £218,000 on the 12th August 2022.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richards Close, Witham, CM8 has a total of 23 addresses. According to our analysis of all the public data, 21, Richards Close, Witham is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in CM8.
The closest station to 21, Richards Close, Witham is Witham station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 21, Richards Close, 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 21, Richards Close, 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 21, Richards Close, 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 21, Richards Close, 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.
