According to the public record, 4 Fortis House, Witham is a mid-century apartment with 474 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fortis House, King Edward Way, Witham, CM8.
King Edward Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
4 Fortis House, Witham has no records in the Land Registry database and a single entry in the EPC database dated February 2012.
We combine this information with public data 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 4 Fortis House Witham as £142,069 and the rental value as £856 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 4 Fortis House Witham has increased by £1,003 (0.7%) and its rental value has increased by £66 per month (7.7%).
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 4 Fortis House, Witham is in very good condition we estimate a sale value of £149,173 and rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,124 and a rental value of £796 per month.
If you were able to purchase this property for the estimated value of £142,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £698 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Fortis House, Witham within a radius of 461m over the last 2 years.
The most recent example is 42, Wickham Road, Witham, CM8 1EA, a Leasehold flat which sold for £150,000 in Jan 2024.
Read more about house prices in CM8.
King Edward Way, Witham, CM8 has a total of 30 addresses. According to our analysis of all the public data, 4 Fortis House, Witham is the 22nd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in CM8.
4 Fortis House, Witham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 4 Fortis House, Witham is Witham station which is 1.6 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 4 Fortis House, Witham, 47.9% of property is socially rented and 26.1% 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 4 Fortis House, Witham, 23.6% of residents are recorded as possessing school level qualifications and 18.6% 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 4 Fortis House, 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 4 Fortis House, 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 4 Fortis House, 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.