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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Round Drive, Witham is £506,628 and the estimated rental value is £1,836 per month.
Round Drive, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
7, Round Drive, Witham has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 7, Round Drive, Witham is in very good condition we estimate a sale value of £531,960 and a rental value of £1,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,164 and a rental value of £1,708 per month.
Over the last 12 months the sale value of 7 Round Drive Witham has decreased by an estimated £11,382 (2.2%) and its rental value has increased by an estimated £58 per month (3.1%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 7, Round Drive, Witham sits on a plot of 266m2.
We have plot size data on 5 out of 6 other houses in the postcode and 7, Round Drive, Witham sits on the 2nd largest plot.
7, Round Drive, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Round Drive, Witham was last sold on 29th March 2018 for £442,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2018, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Round Drive, Witham within a radius of 750 metres over the last 2 years.
The most recent example is 14, Brown Close, Witham, CM8 2GJ, a freehold house which sold for £445,000 on the 26th July 2023.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Round Drive, Witham, CM8 has a total of 6 addresses. According to our analysis of all the public data, 7, Round Drive, Witham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £165k more expensive than the average property in CM8.
The closest station to 7, Round Drive, Witham is Witham station which is 1.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Round Drive, 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 7, Round Drive, 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 7, Round Drive, 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 7, Round Drive, 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.