Flat 56, Lime Tree Place 8
Flat 56, Lime Tree Place 8
Description & Estimates
Flat 56, Lime Tree Place 8, Witham is recorded publicly as a modern leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 56, Lime Tree Place 8, Witham is £195,129 and its rental estimate is £822 per month, given the available information and assuming reasonable condition.
Lime Tree Place, Collingwood Road is a residential building on Collingwood Road, Witham, CM8 and falls within the CM8 postal district and the borough of Braintree.
Our Data Sources
Flat 56, Lime Tree Place 8, Witham has a single entry in the Land Registry from December 2019 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
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 Flat 56, Lime Tree Place 8, Witham, we estimate a market value of £204,885 and a rental value of £863 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,470 and £764 per month respectively.
Recent Market Change
Over the last year, Flat 56, Lime Tree Place 8, Witham has seen its estimated sale value drop by £4,125 (2.1%) and its estimated rental value rise by £25 per month (3.0%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 56, 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
The most recent sale of Flat 56, Lime Tree Place 8, Witham completed on 2nd December 2019 at £220,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 6.0% over the period since December 2019.
- Sold Dec 2019£220,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 56, Lime Tree Place 8, Witham have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was Flat 2, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF, a leasehold flat which sold for £202,000.
Read more about house prices in CM8.
- Sold Aug 2024£202,000 | 2 Bed FlatLime Tree Place 8, Collingwood RoadFlat 2, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF
- Sold Apr 2022£206,000 | 2 Bed FlatLime Tree Place 8, Collingwood RoadFlat 18, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF
- Sold Jan 2022£198,000 | 2 Bed FlatLime Tree Place 8, Collingwood RoadFlat 16, 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
Of the 188 addresses on Collingwood Road, Witham, CM8, Flat 56, Lime Tree Place 8, Witham comes out as the 85th largest and the 75th most expensive in our analysis of the public data.
It is also £148k less expensive than the average property across the CM8 district.
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
From Flat 56, Lime Tree Place 8, Witham, the nearest station is Witham, 500 metres away.
- 500mWitham
- 4.1kmHatfield Peverel
- 5.1kmWhite Notley
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
