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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, 9, Stepfield, Witham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,632 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Stepfield, Witham is £570,898 and the estimated rental value is £1,918 per month.
Stepfield, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
9, Stepfield, Witham has a single entry in the Land Registry from April 2008 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 1 out of 5 and is considered of low 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 9, Stepfield, Witham is in very good condition we estimate a sale value of £599,443 and a rental value of £2,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,935 and a rental value of £1,784 per month.
Over the last 12 months the sale value of 9 Stepfield Witham has decreased by an estimated £16,069 (2.8%) and its rental value has increased by an estimated £49 per month (2.5%), giving an expected gross yield of 4%.
According to HM Land Registry, 9, Stepfield, Witham was last sold on 2nd April 2008 for £345,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has risen 68.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Stepfield, Witham within a radius of 920 metres over the last 2 years.
The most recent example is 17, Avenue Road, Witham, CM8 2DT, a freehold house which sold for £625,000 on the 26th July 2024.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stepfield, Witham, CM8 has a total of 15 addresses. According to our analysis of all the public data, 9, Stepfield, Witham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £229k more expensive than the average property in CM8.
The closest station to 9, Stepfield, Witham is Witham station which is 700 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 9, Stepfield, Witham, 34.1% of property is privately rented and 31.3% is privately owned outright.
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 9, Stepfield, Witham, 13.4% of residents are recorded as possessing school level qualifications and 34.3% 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 9, Stepfield, 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 9, Stepfield, Witham, 1.7% 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 9, Stepfield, Witham, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
