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According to the public record, 40, Wickham Road, Witham is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Wickham Road, Witham is £154,458 and the estimated rental value is £907 per month.
Wickham Road, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
40, Wickham Road, Witham has 41 entries in the Land Registry , most recently in November 2016 and a single entry in the EPC database dated May 2021.
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 40, Wickham Road, Witham is in very good condition we estimate a sale value of £162,181 and a rental value of £953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,646 and a rental value of £844 per month.
Over the last 12 months the sale value of 40 Wickham Road Witham has decreased by an estimated £3,451 (2.2%) and its rental value has increased by an estimated £29 per month (3.1%), giving an expected gross yield of 7%.
40, Wickham Road, Witham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 40, Wickham Road, Witham was last sold on 3rd November 2016 for £135,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2016, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Wickham Road, Witham within a radius of 520 metres over the last 2 years.
The most recent example is 42, Wickham Road, Witham, CM8 1EA, a leasehold flat which sold for £150,000 on the 12th January 2024.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wickham Road, Witham, CM8 has a total of 71 addresses. According to our analysis of all the public data, 40, Wickham Road, Witham is the 63rd largest and the 58th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in CM8.
The closest station to 40, Wickham Road, Witham is Witham station which is 1.4 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 40, Wickham Road, Witham, 31.6% of property is privately owned outright and 30.1% is socially rented.
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 40, Wickham Road, Witham, 14.9% of residents are recorded as possessing school level qualifications and 22.1% 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 40, Wickham Road, Witham, the average age was 40 and the most common age was 32.
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 40, Wickham Road, 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 40, Wickham Road, Witham, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
