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According to the public record, 41, Epping Way, Witham is a modern freehold house with 1,646 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Epping Way, Witham is £505,694 and the estimated rental value is £2,094 per month.
Epping Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
41, Epping Way, Witham has 41 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated October 2014.
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 41, Epping Way, Witham is in very good condition we estimate a sale value of £530,978 and a rental value of £2,199 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,295 and a rental value of £1,948 per month.
Over the last 12 months the sale value of 41 Epping Way Witham has decreased by an estimated £14,234 (2.8%) and its rental value has increased by an estimated £53 per month (2.5%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 41, Epping Way, Witham sits on a plot of 286m2.
We have plot size data on 36 out of 44 other houses in the postcode and 41, Epping Way, Witham sits on the 7th largest plot.
41, Epping Way, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Epping Way, Witham was last sold on 25th July 2016 for £470,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since July 2016, the market for similar properties has risen 59.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Epping Way, Witham within a radius of 540 metres over the last 2 years.
The most recent example is 31, Epping Way, Witham, CM8 1ND, a freehold house which sold for £528,000 on the 16th June 2022.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Epping Way, Witham, CM8 has a total of 143 addresses. According to our analysis of all the public data, 41, Epping Way, Witham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in CM8.
The closest station to 41, Epping Way, 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 41, Epping Way, Witham, 42.7% of property is privately owned with a mortgage and 33.1% is privately 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 41, Epping Way, Witham, 24.6% of residents are recorded as possessing school level qualifications and 31.9% 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 41, Epping Way, 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 41, Epping 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 41, Epping Way, Witham, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.