8 Richards Close

    8, RICHARDS CLOSE, WITHAM, CM8 1GG

    This flat/maisonette leasehold property on Richards Close last sold in November 2023 for £195,000. Based on price growth in the CM8 district since then, its estimated current value is £172,011 — placing it in the 17th percentile nationally and the 9th percentile within CM8. The property covers 60 m² (646 sq ft), giving an estimated value of £2,867 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £195,000

    Nov 2023

    Estimated Valuation

    £172,011

    Est. £/sq ft

    £266/sq ft

    £2,867/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateApr 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2023

    £195,000

    5 Oct 2018

    £195,000

    9 Aug 2016

    £185,000

    13 May 2005

    New build

    £144,995

    Key Metrics

    Estimated valuation£172,011
    Value per sq ft / m²£266/sq ft (£2,867/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM8 district percentile9th percentile
    National percentile17th 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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