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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, 4, Thoroughgood Way, Witham is a modern freehold house with 1,377 ft2 of internal area.
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 4, Thoroughgood Way, Witham is £555,322 and the estimated rental value is £1,913 per month.
Thoroughgood Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
4, Thoroughgood Way, Witham has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated July 2022.
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, Thoroughgood Way, Witham is in very good condition we estimate a sale value of £583,088 and a rental value of £2,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £516,449 and a rental value of £1,779 per month.
Over the last 12 months the sale value of 4 Thoroughgood Way Witham has decreased by an estimated £12,476 (2.2%) and its rental value has increased by an estimated £60 per month (3.1%), giving an expected gross yield of 4.1%.
4, Thoroughgood Way, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jul 2022.
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, Thoroughgood Way, Witham was last sold on 24th August 2022 for £574,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Thoroughgood Way, Witham within a radius of 820 metres over the last 2 years.
The most recent example is 8, Thoroughgood Way, Witham, CM8 1FD, a freehold house which sold for £599,995 on the 8th September 2022.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thoroughgood Way, Witham, CM8 has a total of 71 addresses. According to our analysis of all the public data, 4, Thoroughgood Way, Witham is the 27th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in CM8.
The closest station to 4, Thoroughgood Way, Witham is Witham station which is 2.2 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 4, Thoroughgood 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 4, Thoroughgood 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 4, Thoroughgood 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 4, Thoroughgood 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.
