Flat 66, Lime Tree Place 8
Flat 66, Lime Tree Place 8
Description & Estimates
Public records show Flat 66, Lime Tree Place 8, Witham to be a modern leasehold apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 66, Lime Tree Place 8, Witham has an estimated sale value of £159,030 and an estimated rental value of £657 per month, assuming reasonable condition and based on the information available.
The apartment sits within Lime Tree Place, Collingwood Road, Witham, CM8.
Collingwood Road, Witham, CM8 lies in the borough of Braintree, within the CM8 postal district.
Our Data Sources
Flat 66, Lime Tree Place 8, Witham has a single entry in the Land Registry from October 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
In very good condition, we estimate Flat 66, Lime Tree Place 8, Witham would be worth £166,982, with a potential rental value of £690 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £147,898, with a rental value of £611 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 66, Lime Tree Place 8, Witham has decreased by £2,721 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £24 (3.6%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
Flat 66, 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
Flat 66, Lime Tree Place 8, Witham last changed hands on 27th October 2021, selling for £160,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 3.6% since October 2021.
- Sold Oct 2021£160,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of Flat 66, Lime Tree Place 8, Witham across the last 2 years.
Most recently, Flat 95, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF, a leasehold flat, sold at £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 Mar 2023£174,000 | 1 Bed FlatLime Tree Place 8, Collingwood RoadFlat 38, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF
- Sold Apr 2022£140,000 | 1 Bed FlatLime Tree Place 8, Collingwood RoadFlat 43, Lime Tree Place 8, Collingwood Road, Witham, CM8 2GF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 66, Lime Tree Place 8, Witham as the 156th largest and the 155th most expensive of the 188 addresses on Collingwood Road, Witham, CM8.
Against the CM8 postcode district average, it is £184k less expensive than the typical property.
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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
Witham station is the nearest stop to Flat 66, Lime Tree Place 8, Witham at 500 metres away.
- 500mWitham
- 4.1kmHatfield Peverel
- 5.1kmWhite Notley
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
