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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, 25, Driver Way, Witham is a modern freehold house with 1,270 ft2 of internal area and sits on a 228 m2 plot.
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 25, Driver Way, Witham is £469,302 and the estimated rental value is £1,911 per month.
Driver Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
25, Driver Way, Witham has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated December 2017.
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 25, Driver Way, Witham is in very good condition we estimate a sale value of £492,767 and a rental value of £2,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,451 and a rental value of £1,777 per month.
Over the last 12 months the sale value of 25 Driver Way Witham has decreased by an estimated £10,544 (2.2%) and its rental value has increased by an estimated £60 per month (3.1%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 25, Driver Way, Witham sits on a plot of 228m2.
We have plot size data on 15 out of 24 other houses in the postcode and 25, Driver Way, Witham sits on the 2nd largest plot.
25, Driver Way, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Dec 2017.
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, 25, Driver Way, Witham was last sold on 15th February 2019 for £449,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2019, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Driver Way, Witham within a radius of 780 metres over the last 2 years.
The most recent example is 14, Brown Close, Witham, CM8 2GJ, a freehold house which sold for £445,000 on the 26th July 2023.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Driver Way, Witham, CM8 has a total of 24 addresses. According to our analysis of all the public data, 25, Driver Way, Witham is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in CM8.
The closest station to 25, Driver Way, Witham is Witham station which is 1.2 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 25, Driver 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 25, Driver 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 25, Driver 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 25, Driver 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.
