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According to the public record, 4, Payne Close, Witham is a modern freehold house with 861 ft2 of internal area and sits on a 134 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Payne Close, Witham is £357,888 and the estimated rental value is £1,537 per month.
Payne Close, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
4, Payne Close, Witham has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated November 2015.
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 4, Payne Close, Witham is in very good condition we estimate a sale value of £375,783 and a rental value of £1,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,836 and a rental value of £1,430 per month.
Over the last 12 months the sale value of 4 Payne Close Witham has decreased by an estimated £8,915 (2.5%) and its rental value has increased by an estimated £46 per month (3.0%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 4, Payne Close, Witham sits on a plot of 134m2.
We have plot size data on 5 out of 5 other houses in the postcode and 4, Payne Close, Witham sits on the 5th largest plot.
4, Payne Close, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2015.
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, 4, Payne Close, Witham was last sold on 26th July 2022 for £352,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2022, the market for similar properties has dropped 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Payne Close, Witham within a radius of 580 metres over the last 2 years.
The most recent example is 34, Graham Brown Walk, Witham, CM8 1GS, a freehold house which sold for £365,000 on the 18th August 2024.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Payne Close, Witham, CM8 has a total of 5 addresses. According to our analysis of all the public data, 4, Payne Close, Witham is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in CM8.
The closest station to 4, Payne Close, Witham is Witham station which is 2.0 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 4, Payne Close, 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 4, Payne Close, 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 4, Payne Close, 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 4, Payne Close, 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.