1 Russell Close

    1, RUSSELL CLOSE, WITHAM, CM8 1UH

    This flat/maisonette leasehold property on Russell Close last sold in December 2024 for £247,500. Based on price growth in the CM8 district since then, its estimated current value is £216,021 — placing it in the 29th percentile nationally and the 17th percentile within CM8. The property covers 54 m² (581 sq ft), giving an estimated value of £4,000 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £247,500

    Dec 2024

    Estimated Valuation

    £216,021

    Est. £/sq ft

    £372/sq ft

    £4,000/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Dec 2024

    £247,500

    10 Jul 2015

    £174,995

    30 Jun 2005

    New build

    £134,950

    Key Metrics

    Estimated valuation£216,021
    Value per sq ft / m²£372/sq ft (£4,000/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM8 district percentile17th percentile
    National percentile29th percentile

    District Context — CM8

    CM8 covers Maldon and surrounding areas in Essex, located on the eastern edge of the county between Chelmsford and the coast. It is a mixed residential district with both commuter appeal and a strong local community identity.

    Average Property Price - CM8

    £348,073

    56

    National percentile

    Average Net Household Income - CM8

    £42,853

    69

    National percentile

    10-Year Annualised Price Growth - CM8

    3.6%

    52

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM8

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