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Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Aveley Way, Maldon is £589,337 and its rental estimate is £2,245 per month, given the available information and assuming reasonable condition.
Aveley Way, Maldon, CM9 falls within the CM9 postal district, in the borough of Maldon.
8, Aveley Way, Maldon has 21 entries in the Land Registry , most recently in June 2013 and a single entry in the EPC database dated June 2016.
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.
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 8, Aveley Way, Maldon, we estimate a market value of £618,803 and a rental value of £2,357 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £548,083 and £2,088 per month respectively.
Over the last year, 8, Aveley Way, Maldon has seen its estimated sale value move down by £5,973 (1.0%) and its estimated rental value increase by £71 per month (3.2%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 8, Aveley Way, Maldon as measuring 395 m2.
That makes it the 23rd largest plot in the postcode, where all 28 other houses have recorded plot data.
8, Aveley Way, Maldon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Aveley Way, Maldon completed on 28th June 2013 at £385,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 54.9% over the period since June 2013.
Over the past 2 years 3 properties similar to 8, Aveley Way, Maldon have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was 18, Brompton Gardens, Maldon, CM9 6YU, a freehold house which sold for £645,000.
Read more about house prices in CM9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 28 addresses on Aveley Way, Maldon, CM9, 8, Aveley Way, Maldon comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £188k more expensive than the average property across the CM9 district.
From 8, Aveley Way, Maldon, the nearest station is North Fambridge, 7.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Aveley Way, Maldon, 56.9% of property is privately owned outright and 37.4% 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 8, Aveley Way, Maldon, 16.8% of residents are recorded as possessing school level qualifications and 36.6% 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 8, Aveley Way, Maldon, the average age was 45.1 and the most common age was 57.
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 8, Aveley Way, Maldon, 3.5% 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 8, Aveley Way, Maldon, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.