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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, 45, Forest Road, Witham is a mid-century leasehold apartment with 581 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 45, Forest Road, Witham is £153,413 and the estimated rental value is £924 per month.
Forest Road, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
45, Forest Road, Witham has 41 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 45, Forest Road, Witham is in very good condition we estimate a sale value of £161,083 and a rental value of £970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,674 and a rental value of £859 per month.
Over the last 12 months the sale value of 45 Forest Road Witham has decreased by an estimated £3,427 (2.2%) and its rental value has increased by an estimated £29 per month (3.1%), giving an expected gross yield of 7.2%.
45, Forest Road, Witham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Nov 2023.
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, 45, Forest Road, Witham was last sold on 26th May 2017 for £165,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2017, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Forest Road, Witham within a radius of 730 metres over the last 2 years.
The most recent example is 37, Forest Road, Witham, CM8 2PS, a leasehold flat which sold for £90,000 on the 6th December 2024.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, Witham, CM8 has a total of 64 addresses. According to our analysis of all the public data, 45, Forest Road, Witham is the 55th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in CM8.
The closest station to 45, Forest Road, Witham is Witham station which is 900 metres 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 45, Forest Road, Witham, 48.1% of property is privately rented and 27.1% is privately owned with a mortgage.
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 45, Forest Road, Witham, 8.6% of residents are recorded as possessing school level qualifications and 25.5% 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 45, Forest 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 45, Forest 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 45, Forest 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.
