42, Porter Way
42, Porter Way
Description & Estimates
42, Porter Way, Witham is recorded publicly as a modern freehold house across 1,194 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 42, Porter Way, Witham is £531,275 and its rental estimate is £1,874 per month, given the available information and assuming reasonable condition.
Porter Way, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
Our Data Sources
42, Porter Way, Witham has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated July 2024.
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.
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 42, Porter Way, Witham, we estimate a market value of £557,838 and a rental value of £1,968 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £494,085 and £1,743 per month respectively.
Recent Market Change
Over the last year, 42, Porter Way, Witham has seen its estimated sale value decline by £9,231 (1.7%) and its estimated rental value climb by £66 per month (3.5%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
42, Porter Way, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jul 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 42, Porter Way, Witham completed on 13th December 2024 at £515,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.1% over the period since December 2024.
- Sold Dec 2024£515,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Porter Way, Witham have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 38, Porter Way, Witham, CM8 1ZQ, a freehold house which sold for £502,800.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Porter Way, Witham, CM8, 42, Porter Way, Witham comes out as the 24th largest and the 23rd most expensive in our analysis of the public data.
It is also £188k more expensive than the average property across the CM8 district.
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Schools Nearby
- 700mChipping Hill Primary School
- 1.0kmHoly Family Catholic Primary School
- 1.2kmHowbridge Infant School
- 1.2kmLift Maltings
- 3.3kmLift New Rickstones
- 7.9kmPlume School
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Public Transport Nearby
From 42, Porter Way, Witham, the nearest station is Hatfield Peverel, 2.2 kilometres away.
- 2.2kmHatfield Peverel
- 2.2kmWitham
- 5.6kmWhite Notley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
