Flat 50, Lime Tree Place 8
Flat 50, Lime Tree Place 8
Description & Estimates
According to the public record, Flat 50, Lime Tree Place 8, Witham is a modern leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 50, Lime Tree Place 8, Witham is £156,454 and the estimated rental value is £646 per month.
The apartment is within Lime Tree Place, Collingwood Road, Witham, CM8.
Collingwood Road, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
Our Data Sources
Flat 50, Lime Tree Place 8, Witham has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated July 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
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 Flat 50, Lime Tree Place 8, Witham is in very good condition we estimate a sale value of £164,276 and a rental value of £679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,502 and a rental value of £601 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 50, Lime Tree Place 8, Witham has moved down by £2,677 (1.7%), while its estimated rental value has increased by £23 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat 50, Lime Tree Place 8, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 50, Lime Tree Place 8, Witham was last sold on 10th September 2021 for £162,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped by 2.9%.
- Sold Sep 2021£162,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, Lime Tree Place 8, Witham within a radius of 630 metres over the last 2 years.
The most recent example is Flat 95, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF, a leasehold flat which sold for £120,000 on the 1st November 2024.
Read more about house prices in CM8.
- Sold Nov 2024£120,000 | 1 Bed FlatLime Tree Place 8, Collingwood RoadFlat 95, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF
- Sold Apr 2022£161,750 | 1 Bed FlatLime Tree Place 8, Collingwood RoadFlat 98, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF
- Sold Apr 2022£155,500 | 1 Bed FlatLime Tree Place 8, Collingwood RoadFlat 96, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Collingwood Road, Witham, CM8 has a total of 188 addresses. According to our analysis of all the public data, Flat 50, Lime Tree Place 8, Witham is the 179th largest and the 175th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in CM8.
More reading links
Schools Nearby
- 1.1kmHowbridge Infant School
- 1.1kmHowbridge Church of England Junior School
- 1.2kmWitham Oaks Academy
- 700mLift Maltings
- 1.9kmLift New Rickstones
- 7.7kmThurstable School
More reading links
Public Transport Nearby
The closest station to Flat 50, Lime Tree Place 8, Witham is Witham station, which is 500 metres away.
- 500mWitham
- 4.1kmHatfield Peverel
- 5.1kmWhite Notley
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
