According to the public record, 18, Shelley Gardens, Witham is a modern freehold house and with 1,862 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Shelley Gardens, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
18, Shelley Gardens, Witham has a single entry in the Land Registry database from April 2020 and a single entry in the EPC database dated February 2020.
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 good condition, we estimate the current sale value for 18 Shelley Gardens Witham as £546,974 and the rental value as £2,099 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 18 Shelley Gardens Witham has decreased by £5,466 (1.0%) and its rental value has increased by £120 per month (5.7%).
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 18, Shelley Gardens, Witham is in very good condition we estimate a sale value of £574,323 and rental value of £2,204 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,686 and a rental value of £1,952 per month.
If you were able to purchase this property for the estimated value of £546,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,688 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, 18, Shelley Gardens, Witham sits on a plot of 268m2.
We have plot size data on 19 out of 19 other houses in the postcode and 18, Shelley Gardens, Witham sits on the 2nd largest plot.
According to HM Land Registry, 18, Shelley Gardens, Witham was last sold on 29 Apr 2020 for £518,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2020, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Shelley Gardens, Witham within a radius of 148m over the last 2 years.
The most recent example is 4, Valentine Avenue, Witham, CM8 2ZT, a Freehold house which sold for £564,995 in Jan 2022.
Read more about house prices in CM8.
Shelley Gardens, Witham, CM8 has a total of 19 addresses. According to our analysis of all the public data, 18, Shelley Gardens, Witham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £209k more expensive than the average property in CM8.
18, Shelley Gardens, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2020.
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 18, Shelley Gardens, Witham is Witham station which is 1.2 km 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 18, Shelley Gardens, Witham, 39.7% of property is privately owned with a mortgage and 27.3% is privately owned outright.
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 18, Shelley Gardens, Witham, 16.7% of residents are recorded as possessing school level qualifications and 29.5% 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 18, Shelley Gardens, Witham, the average age was 40.5 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 18, Shelley Gardens, 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 18, Shelley Gardens, Witham, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.