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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, Thoroughgood Way, Witham is a modern freehold house with 1,399 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 21, Thoroughgood Way, Witham is £559,826 and the estimated rental value is £1,921 per month.
Thoroughgood Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
21, Thoroughgood Way, Witham has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 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 21, Thoroughgood Way, Witham is in very good condition we estimate a sale value of £587,818 and a rental value of £2,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,639 and a rental value of £1,786 per month.
Over the last 12 months the sale value of 21 Thoroughgood Way Witham has decreased by an estimated £12,578 (2.2%) and its rental value has increased by an estimated £60 per month (3.1%), giving an expected gross yield of 4.1%.
21, Thoroughgood Way, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 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, 21, Thoroughgood Way, Witham was last sold on 30th November 2022 for £564,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Thoroughgood Way, Witham within a radius of 860 metres over the last 2 years.
The most recent example is 33, Thoroughgood Way, Witham, CM8 1FD, a freehold house which sold for £560,000 on the 27th March 2024.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thoroughgood Way, Witham, CM8 has a total of 71 addresses. According to our analysis of all the public data, 21, Thoroughgood Way, Witham is the 21st largest and the 28th most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in CM8.
The closest station to 21, Thoroughgood Way, Witham is Witham station which is 2.2 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 21, Thoroughgood Way, 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, Thoroughgood Way, 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, Thoroughgood Way, 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, Thoroughgood Way, 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.
