2 Richards Close

    2, RICHARDS CLOSE, WITHAM, CM8 1GG

    This flat/maisonette leasehold property on Richards Close last sold in December 2023 for £205,000. Based on price growth in the CM8 district since then, its estimated current value is £180,832 — placing it in the 20th percentile nationally and the 11th percentile within CM8. The property covers 58 m² (624 sq ft), giving an estimated value of £3,118 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £205,000

    Dec 2023

    Estimated Valuation

    £180,832

    Est. £/sq ft

    £290/sq ft

    £3,118/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2023

    £205,000

    8 Sept 2020

    £185,000

    22 Dec 2009

    £120,000

    6 Jan 2009

    £117,500

    30 Jun 2008

    £145,000

    6 May 2005

    New build

    £147,000

    Key Metrics

    Estimated valuation£180,832
    Value per sq ft / m²£290/sq ft (£3,118/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM8 district percentile11th percentile
    National percentile20th 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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