According to the public record, 2, Allectus Way, Witham is a modern freehold house and with 957 ft2 of internal area and sits on a 93.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Allectus Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
2, Allectus Way, Witham has 31 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated March 2014.
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 2 Allectus Way Witham as £192,830 and the rental value as £895 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 2 Allectus Way Witham has decreased by £680 (0.4%) and its rental value has increased by £58 per month (6.5%).
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 2, Allectus Way, Witham is in very good condition we estimate a sale value of £202,471 and rental value of £939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,332 and a rental value of £832 per month.
If you were able to purchase this property for the estimated value of £192,830, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £948 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, 2, Allectus Way, Witham sits on a plot of 93m2.
We have plot size data on 5 out of 15 other houses in the postcode and 2, Allectus Way, Witham sits on the 5th largest plot.
According to HM Land Registry, 2, Allectus Way, Witham was last sold on 28 Nov 2014 for £182,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2014, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Allectus Way, Witham within a radius of 70m over the last 2 years.
The most recent example is 10, Allectus Way, Witham, CM8 1PA, a Freehold house which sold for £190,000 in Jul 2022.
Read more about house prices in CM8.
Allectus Way, Witham, CM8 has a total of 99 addresses. According to our analysis of all the public data, 2, Allectus Way, Witham is the 20th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in CM8.
2, Allectus Way, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Allectus Way, Witham is Witham station which is 1.7 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 2, Allectus Way, 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 2, Allectus Way, 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 2, Allectus Way, 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 2, Allectus Way, 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 2, Allectus Way, 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.