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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
According to the public record, 24, Chipping Hill, Witham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,681 ft2 of internal area and sits on a 749 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Chipping Hill, Witham is £474,107 and the estimated rental value is £2,055 per month.
Chipping Hill, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
24, Chipping Hill, Witham has 31 entries in the Land Registry , most recently in February 2007 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 2 out of 5 and is considered of medium 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 24, Chipping Hill, Witham is in very good condition we estimate a sale value of £497,812 and a rental value of £2,158 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,919 and a rental value of £1,911 per month.
Over the last 12 months the sale value of 24 Chipping Hill Witham has decreased by an estimated £13,345 (2.8%) and its rental value has increased by an estimated £52 per month (2.5%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 24, Chipping Hill, Witham sits on a plot of 749m2.
We have plot size data on 4 out of 7 other houses in the postcode and 24, Chipping Hill, Witham sits on the 2nd largest plot.
According to HM Land Registry, 24, Chipping Hill, Witham was last sold on 6th February 2007 for £495,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2007, the market for similar properties has risen 76.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Chipping Hill, Witham within a radius of 620 metres over the last 2 years.
The most recent example is 22, Church Street, Witham, CM8 2JL, a freehold house which sold for £437,000 on the 13th November 2020.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chipping Hill, Witham, CM8 has a total of 36 addresses. According to our analysis of all the public data, 24, Chipping Hill, Witham is the 10th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in CM8.
The closest station to 24, Chipping Hill, Witham is Witham station which is 300 metres 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 24, Chipping Hill, Witham, 31.6% of property is privately owned outright and 31.6% 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 24, Chipping Hill, Witham, 15.5% of residents are recorded as possessing school level qualifications and 39.4% 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 24, Chipping Hill, Witham, the average age was 40.5 and the most common age was 32.
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 24, Chipping Hill, Witham, 3.3% 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 24, Chipping Hill, Witham, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
