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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, Taverners, Witham is a modern freehold house with 1,377 ft2 of internal area and sits on a 592 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Taverners, Witham is £697,108 and the estimated rental value is £2,262 per month.
Spa Road, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
Taverners, Witham has 31 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated April 2015.
We combine this information with that of neighbouring properties to estimate the property 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 Taverners, Witham is in very good condition we estimate a sale value of £731,964 and a rental value of £2,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £648,311 and a rental value of £2,104 per month.
Over the last 12 months the sale value of Taverners Witham has decreased by an estimated £12,113 (1.7%) and its rental value has increased by an estimated £80 per month (3.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, Taverners, Witham sits on a plot of 592m2.
Taverners, Witham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Taverners, Witham was last sold on 4th January 2019 for £650,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2019, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Taverners, Witham within a radius of 530 metres over the last 2 years.
The most recent example is 143, Highfields Road, Witham, CM8 2HQ, a freehold house which sold for £265,000 on the 7th April 2021.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Road, Witham, CM8 has a total of 37 addresses. According to our analysis of all the public data, Taverners, Witham is the largest and the most expensive property on the street.
When compared to the postcode district it is £354k more expensive than the average property in CM8.
The closest station to Taverners, Witham is Witham station which is 1.0 kilometres away.
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 Taverners, Witham, 32.0% of property is privately owned outright and 30.4% is socially rented.
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 Taverners, Witham, 19.7% of residents are recorded as possessing school level qualifications and 23.9% 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 Taverners, Witham, the average age was 37.2 and the most common age was 52.
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 Taverners, Witham, 0.0% 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 Taverners, Witham, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
