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According to the public record, 33, Baker Way, Witham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 33, Baker Way, Witham is £211,064 and the estimated rental value is £1,005 per month.
Baker Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
33, Baker Way, Witham has a single entry in the Land Registry from May 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 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 33, Baker Way, Witham is in very good condition we estimate a sale value of £221,617 and a rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,289 and a rental value of £935 per month.
Over the last 12 months the sale value of 33 Baker Way Witham has decreased by an estimated £6,281 (3.0%) and its rental value has increased by an estimated £26 per month (2.6%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 33, Baker Way, Witham was last sold on 25th May 2007 for £76,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 62.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33, Baker Way, Witham within a radius of 740 metres over the last 2 years.
The most recent example is 62, Claudius Way, Witham, CM8 1PZ, a freehold house which sold for £215,000 on the 13th September 2022.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Baker Way, Witham, CM8 has a total of 71 addresses. According to our analysis of all the public data, 33, Baker Way, Witham is the 71st largest and the 59th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in CM8.
The closest station to 33, Baker Way, Witham is Witham station which is 2.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 33, Baker Way, Witham, 46.7% of property is socially rented and 37.0% 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 33, Baker Way, Witham, 31.9% of residents are recorded as possessing school level qualifications and 26.5% 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 33, Baker Way, Witham, the average age was 44.1 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 33, Baker Way, Witham, 1.0% 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 33, Baker Way, Witham, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.