According to the public record, 8, Siward Road, Witham is a mid-century freehold house and with 911 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Siward Road, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
8, Siward Road, Witham has a single entry in the Land Registry database from October 2012 and a single entry in the EPC database dated August 2011.
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 8 Siward Road Witham as £272,395 and the rental value as £1,274 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Siward Road Witham has decreased by £2,380 (0.9%) and its rental value has increased by £76 per month (6.0%).
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 8, Siward Road, Witham is in very good condition we estimate a sale value of £286,015 and rental value of £1,338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,327 and a rental value of £1,185 per month.
If you were able to purchase this property for the estimated value of £272,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,339 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, 8, Siward Road, Witham sits on a plot of 130m2.
We have plot size data on 14 out of 31 other houses in the postcode and 8, Siward Road, Witham sits on the 4th largest plot.
According to HM Land Registry, 8, Siward Road, Witham was last sold on 18 Oct 2012 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 81.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Siward Road, Witham within a radius of 97m over the last 2 years.
The most recent example is 10, Siward Road, Witham, CM8 1PL, a Freehold house which sold for £240,000 in Oct 2022.
Read more about house prices in CM8.
Siward Road, Witham, CM8 has a total of 31 addresses. According to our analysis of all the public data, 8, Siward Road, Witham is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in CM8.
8, Siward Road, Witham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2011.
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 8, Siward Road, Witham is Witham station which is 1.8 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 8, Siward Road, Witham, 39.7% of property is privately owned with a mortgage and 29.8% is socially 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 8, Siward Road, Witham, 23.6% of residents are recorded as possessing school level qualifications and 20.5% 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 8, Siward Road, 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 8, Siward Road, 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 8, Siward Road, 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.