37, Francis Way
37, Francis Way
Description & Estimates
37, Francis Way, Witham is recorded publicly as a period freehold house across 1,162 ft2 of internal area, sitting on a 625 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 37, Francis Way, Witham is £512,094 and its rental estimate is £1,725 per month, given the available information and assuming reasonable condition.
Francis Way, Silver End, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
Our Data Sources
37, Francis Way, Witham has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 37, Francis Way, Witham, we estimate a market value of £537,699 and a rental value of £1,811 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £476,248 and £1,604 per month respectively.
Recent Market Change
Over the last year, 37, Francis Way, Witham has seen its estimated sale value decrease by £8,898 (1.7%) and its estimated rental value grow by £61 per month (3.5%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 37, Francis Way, Witham as measuring 625 m2.
That makes it the 7th largest plot in the postcode, where 19 of the 26 other houses have recorded plot data.
Energy Efficiency
37, Francis Way, Witham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 37, Francis Way, Witham completed on 19th March 2021 at £408,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 33.0% over the period since March 2021.
- Sold Mar 2021£408,000
- Sold Nov 1999£107,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37, Francis Way, Witham have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd September 2024, was 25, Francis Way, Witham, CM8 3QX, a freehold house which sold for £480,000.
Read more about house prices in CM8.
- Sold Sep 2024£480,000 | 4 Bed House25, Francis Way, Witham, CM8 3QX25, Francis Way, Witham, CM8 3QX
- Sold Jun 2020£420,000 | 4 Bed HouseSouthfields, Francis Way, Witham, CM8 3QXSouthfields, Francis Way, Witham, CM8 3QX
- Sold Nov 2019£410,000 | 4 Bed House33, Francis Way, Witham, CM8 3QX33, Francis Way, Witham, CM8 3QX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 117 addresses on Francis Way, Silver End, Witham, CM8, 37, Francis Way, Witham comes out as the 18th largest and the 10th most expensive in our analysis of the public data.
It is also £169k more expensive than the average property across the CM8 district.
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Schools Nearby
- 600mSilver End Academy
- 2.3kmCressing Primary School
- 2.6kmWhite Notley Church of England Voluntary Controlled Primary School
- 3.4kmLift New Rickstones
- 4.1kmAlec Hunter Academy
- 5.2kmNotley High School and Braintree Sixth Form
More reading links
Public Transport Nearby
From 37, Francis Way, Witham, the nearest station is White Notley, 1.9 kilometres away.
- 1.9kmWhite Notley
- 2.9kmCressing (Essex)
- 4.4kmBraintree Freeport
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
