According to the public record, 17, Raven Drive, Witham is a mid-century freehold house with 1,410 ft2 of internal area and sits on a 395 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Raven Drive, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
17, Raven Drive, Witham has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Raven Drive Witham as £516,550 and the rental value as £1,746 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 17 Raven Drive Witham has decreased by £2,397 (0.5%) and its rental value has increased by £112 per month (6.4%).
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 17, Raven Drive, Witham is in very good condition we estimate a sale value of £542,377 and rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,391 and a rental value of £1,624 per month.
If you were able to purchase this property for the estimated value of £516,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,539 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 17, Raven Drive, Witham sits on a plot of 395m2.
We have plot size data on 30 out of 30 other houses in the postcode and 17, Raven Drive, Witham sits on the 3rd largest plot.
According to HM Land Registry, 17, Raven Drive, Witham was last sold on 28 Jan 2022 for £534,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Raven Drive, Witham within a radius of 810 metres over the last 2 years.
The most recent example is 30, Raven Drive, Witham, CM8 1ZP, a Freehold house which sold for £539,995 in Apr 2022.
Read more about house prices in CM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raven Drive, Witham, CM8 has a total of 30 addresses. According to our analysis of all the public data, 17, Raven Drive, Witham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in CM8.
17, Raven Drive, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 17, Raven Drive, Witham is Witham station which is 2.0 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 17, Raven Drive, Witham, 35.3% of property is privately owned with a mortgage and 28.1% is privately rented.
The graph below shows how this compares to Greater London 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 17, Raven Drive, Witham, 19.5% of residents are recorded as possessing school level qualifications and 23.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Raven Drive, Witham, the average age was 40 and the most common age was 32.
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 17, Raven Drive, Witham, 0.6% 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 17, Raven Drive, Witham, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.