According to the public record, 97, Flemming Way, Witham is a modern freehold house and with 1,248 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Flemming Way, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
97, Flemming Way, Witham has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated June 2021.
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 97 Flemming Way Witham as £472,441 and the rental value as £1,764 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 97 Flemming Way Witham has decreased by £2,193 (0.5%) and its rental value has increased by £111 per month (6.3%).
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 97, Flemming Way, Witham is in very good condition we estimate a sale value of £496,063 and rental value of £1,852 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,371 and a rental value of £1,641 per month.
If you were able to purchase this property for the estimated value of £472,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,322 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, 97, Flemming Way, Witham was last sold on 25 Jun 2021 for £419,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Flemming Way, Witham within a radius of 83m over the last 2 years.
The most recent example is 18, Turner Gardens, Witham, CM8 2ZQ, a Freehold house which sold for £450,000 in Sep 2023.
Read more about house prices in CM8.
Flemming Way, Witham, CM8 has a total of 96 addresses. According to our analysis of all the public data, 97, Flemming Way, Witham is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in CM8.
97, Flemming Way, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jun 2021.
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 97, Flemming Way, Witham is Witham station which is 1.3 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 97, Flemming Way, 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 97, Flemming Way, 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 97, Flemming Way, 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 97, Flemming Way, 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 97, Flemming Way, 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.