According to the public record, 3, Scotfield Mews, Witham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 932 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Scotfield Mews, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
3, Scotfield Mews, Witham has 2 entries in the Land Registry database, most recently in November 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Scotfield Mews Witham as £337,318 and the rental value as £1,415 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 3 Scotfield Mews Witham has decreased by £1,448 (0.4%) and its rental value has increased by £91 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 3, Scotfield Mews, Witham is in very good condition we estimate a sale value of £354,184 and rental value of £1,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,705 and a rental value of £1,316 per month.
If you were able to purchase this property for the estimated value of £337,318, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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 HM Land Registry, 3, Scotfield Mews, Witham was last sold on 27 Nov 2015 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2015, the market for similar properties has risen 31.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Scotfield Mews, Witham within a radius of 486m over the last 2 years.
The most recent example is 46, Mill Lane, Witham, CM8 1BP, a Freehold house which sold for £343,600 in Aug 2022.
Read more about house prices in CM8.
Scotfield Mews, Witham, CM8 has a total of 8 addresses. According to our analysis of all the public data, 3, Scotfield Mews, Witham is the largest and the most expensive property on the street.
When compared to the postcode district it is £871 less expensive than the average property in CM8.
The closest station to 3, Scotfield Mews, Witham is Witham station which is 800 m 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 3, Scotfield Mews, Witham, 33.5% of property is privately owned outright and 33.0% is privately owned with a mortgage.
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 3, Scotfield Mews, Witham, 9.8% of residents are recorded as possessing school level qualifications and 33.9% 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 3, Scotfield Mews, 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 3, Scotfield Mews, 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 3, Scotfield Mews, Witham, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.