Flat R, 8
Flat R, 8
Description & Estimates
Flat R, 8, Welch Way, Witney is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat R, 8, Welch Way, Witney is £163,679 and its rental estimate is £885 per month, given the available information and assuming reasonable condition.
8, Welch Way is a residential building on Welch Way, Witney, OX28 and falls within the OX28 postal district and the borough of West Oxfordshire.
Our Data Sources
Flat R, 8, Welch Way, Witney has 3 entries in the Land Registry , most recently in November 2013 and a single entry in the EPC database dated August 2021.
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.
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 R, 8, Welch Way, Witney, we estimate a market value of £171,863 and a rental value of £929 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,222 and £823 per month respectively.
Recent Market Change
Over the last year, Flat R, 8, Welch Way, Witney has seen its estimated sale value decline by £2,117 (1.3%) and its estimated rental value climb by £31 per month (3.6%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
Flat R, 8, Welch Way, Witney has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat R, 8, Welch Way, Witney completed on 29th November 2013 at £145,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 21.5% over the period since November 2013.
- Sold Nov 2013£145,000
- Sold Jun 2012£133,000
- Sold Jun 2009£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat R, 8, Welch Way, Witney have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2022, was Flat H, 45, Woodford Way, Witney, OX28 6GB, a leasehold flat which sold for £165,000.
Read more about house prices in OX28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 55 addresses on Welch Way, Witney, OX28, Flat R, 8, Welch Way, Witney comes out as the 53rd largest and the 53rd most expensive in our analysis of the public data.
It is also £187k less expensive than the average property across the OX28 district.
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Schools Nearby
- 300mThe Batt Church of England Primary School
- 500mTower Hill Community Primary School
- 600mSt Mary's Church of England Infant School
- 700mThe Henry Box School
- 1.3kmWood Green School
- 7.4kmBartholomew School
More reading links
Public Transport Nearby
From Flat R, 8, Welch Way, Witney, the nearest station is Finstock, 7.4 kilometres away.
- 7.4kmFinstock
- 8.3kmCombe (Oxon)
- 9.0kmHanborough
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
