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According to the public record, 22, Wellands, Witham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,515 ft2 of internal area and sits on a 492 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Wellands, Witham is £669,574 and the estimated rental value is £1,958 per month.
Wellands, Wickham Bishops, Witham, CM8 is located in the borough of Maldon within the CM8 postal district.
22, Wellands, Witham has a single entry in the Land Registry from October 2013 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 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 22, Wellands, Witham is in very good condition we estimate a sale value of £703,052 and a rental value of £2,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,703 and a rental value of £1,821 per month.
Over the last 12 months the sale value of 22 Wellands Witham has decreased by an estimated £15,043 (2.2%) and its rental value has increased by an estimated £61 per month (3.1%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 22, Wellands, Witham sits on a plot of 492m2.
We have plot size data on 39 out of 50 other houses in the postcode and 22, Wellands, Witham sits on the 30th largest plot.
According to HM Land Registry, 22, Wellands, Witham was last sold on 31st October 2013 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2013, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Wellands, Witham within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 23, Wellands, Witham, CM8 3NF, a freehold house which sold for £700,001 on the 22nd June 2023.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellands, Wickham Bishops, Witham, CM8 has a total of 50 addresses. According to our analysis of all the public data, 22, Wellands, Witham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £328k more expensive than the average property in CM8.
The closest station to 22, Wellands, Witham is Witham station which is 3.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22, Wellands, Witham, 64.0% of property is privately owned outright and 32.4% is privately owned with a mortgage.
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 22, Wellands, Witham, 12.4% of residents are recorded as possessing school level qualifications and 33.7% 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 22, Wellands, Witham, the average age was 46.6 and the most common age was 57.
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 22, Wellands, Witham, 2.9% 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 22, Wellands, Witham, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
