24, Babbs Court
24, Babbs Court
Description & Estimates
24, Babbs Court, Witham is recorded publicly as a modern leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24, Babbs Court, Witham is £83,662 and its rental estimate is £485 per month, given the available information and assuming reasonable condition.
Babbs Court, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
Our Data Sources
24, Babbs Court, Witham has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Babbs Court, Witham, we estimate a market value of £87,845 and a rental value of £509 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,805 and £451 per month respectively.
Recent Market Change
Over the last year, 24, Babbs Court, Witham has seen its estimated sale value fall by £1,769 (2.1%) and its estimated rental value move up by £15 per month (3.0%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
24, Babbs Court, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Babbs Court, Witham completed on 19th January 2024 at £88,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 103.8% over the period since January 2024.
- Sold Jan 2024£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Babbs Court, Witham have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th July 2024, was 19 Hammond Court, Jopson Mews, Witham, CM8 2GW, a leasehold flat which sold for £84,000.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Babbs Court, Witham, CM8, 24, Babbs Court, Witham comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £260k less expensive than the average property across the CM8 district.
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Schools Nearby
- 1.1kmElm Hall Primary School
- 1.1kmTemplars Academy
- 1.6kmRivenhall Church of England Primary School
- 1.2kmLift New Rickstones
- 2.3kmLift Maltings
- 6.7kmThurstable School
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Public Transport Nearby
From 24, Babbs Court, Witham, the nearest station is Witham, 1.2 kilometres away.
- 1.2kmWitham
- 4.6kmKelvedon
- 4.8kmWhite Notley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
