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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, 5, Richards Close, Witham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 686 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 5, Richards Close, Witham is £190,597 and the estimated rental value is £1,064 per month.
Richards Close, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
5, Richards Close, Witham has 31 entries in the Land Registry , most recently in February 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 5, Richards Close, Witham is in very good condition we estimate a sale value of £200,127 and a rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,255 and a rental value of £989 per month.
Over the last 12 months the sale value of 5 Richards Close Witham has decreased by an estimated £4,258 (2.2%) and its rental value has increased by an estimated £33 per month (3.1%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 5, Richards Close, Witham was last sold on 27th February 2015 for £155,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2015, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Richards Close, Witham within a radius of 560 metres over the last 2 years.
The most recent example is 21, Halcyon Close, Witham, CM8 1GW, a leasehold flat which sold for £220,000 on the 14th November 2025.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richards Close, Witham, CM8 has a total of 23 addresses. According to our analysis of all the public data, 5, Richards Close, Witham is the 5th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in CM8.
The closest station to 5, Richards Close, Witham is Witham station which is 1.2 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 5, Richards Close, 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 5, Richards Close, 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 5, Richards Close, 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 5, Richards Close, 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.
