73, Wood Grove
73, Wood Grove
Description & Estimates
73, Wood Grove, Witham is recorded publicly as a modern leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 73, Wood Grove, Witham is £157,841 and its rental estimate is £816 per month, given the available information and assuming reasonable condition.
Wood Grove, Silver End, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
Our Data Sources
73, Wood Grove, Witham has 2 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated February 2019.
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 73, Wood Grove, Witham, we estimate a market value of £165,733 and a rental value of £857 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £146,792 and £759 per month respectively.
Recent Market Change
Over the last year, 73, Wood Grove, Witham has seen its estimated sale value drop by £3,337 (2.1%) and its estimated rental value rise by £25 per month (3.0%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
73, Wood Grove, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 73, Wood Grove, Witham completed on 23rd March 2012 at £88,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 41.6% over the period since March 2012.
- Sold Mar 2012£88,000
- Sold Dec 2007£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 73, Wood Grove, Witham have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th April 2024, was 37, Wood Grove, Witham, CM8 3FN, a leasehold flat which sold for £190,000.
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 82 addresses on Wood Grove, Silver End, Witham, CM8, 73, Wood Grove, Witham comes out as the 76th largest and the 76th most expensive in our analysis of the public data.
It is also £186k less expensive than the average property across the CM8 district.
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Schools Nearby
- 800mSilver End Academy
- 2.4kmCressing Primary School
- 3.0kmWhite Notley Church of England Voluntary Controlled Primary School
- 3.7kmLift New Rickstones
- 4.1kmAlec Hunter Academy
- 5.3kmNotley High School and Braintree Sixth Form
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Public Transport Nearby
From 73, Wood Grove, Witham, the nearest station is White Notley, 2.3 kilometres away.
- 2.3kmWhite Notley
- 3.1kmCressing (Essex)
- 4.4kmBraintree Freeport
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
