FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in CM8

House Prices in CM8 House Prices in CM8 (Witham)

The average house price in CM8 (Witham) is £289,400 using HM Land Registry data.

The average property price increased by £55,756 (8.48%) over the last 5 years and increased by £11,169 (1.45%) over the last 12 months.

Over the last year, there were 396 residential property sales – a decrease of 112 transactions (-28.28%) relative to the previous year. The majority of house sales (94) were in the £294,000 - £366,000 range. Then came properties in the £222,000 - £294,000 range, where 85 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 184 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,851 (-2%).

In January 2025, there were 108 new estate agency instructions, 74 agreed home sales and 45 property price reductions.

Nearby Postcodes: , CM0, CM1, CM11, CM2, CM3, CM6, CM7, CM77, CM9, CM98, CM99, CO2, CO5, CO6, CO7, CO9, SS11, SS4, SS5

5-Year Average Property Prices in CM8 (Witham)

8.48%

Property prices in CM8 (Witham) increased by 8.48% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CM8 (Witham) Over the Last Year

1.45%

Property prices in CM8 (Witham) increased by 1.45% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CM8 (Witham) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CM8 (Witham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CM8 (Witham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CM8 (Witham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CM8 (Witham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM8 postcode area since 1995.

Recent Sales in CM8 (Witham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Armond Road, Witham, Essex, CM8 2HA£425,000£425,000£002 Sep 202416 Dec 2024105 Days
14 Roots Lane, Wickham Bishops, Witham, Essex, CM8 3LS£700,000£695,000-£5,00017 Jul 202411 Dec 2024147 Days
15 Bellfield Close, Witham, Essex, CM8 2BP£220,000£220,000£017 Apr 202406 Dec 2024233 Days
14 Elgar Drive, Witham, Essex, CM8 1QD£500,000£485,000-£15,00026 Jan 202405 Dec 2024314 Days
69 Calamint Road, Witham, Essex, CM8 2XT£290,000£287,500-£2,50019 Jan 202405 Dec 2024321 Days
27a, Elizabeth Avenue, Witham, Essex, CM8 1JD£280,000£275,000-£5,00008 Mar 202405 Dec 2024272 Days
128 Broadway, Silver End, Witham, Essex, CM8 3XW£200,000£190,000-£10,00024 Jul 202429 Nov 2024128 Days
Jacksons Farm, Maltings Lane, Witham, Essex, CM8 1DZ£895,000£895,000£007 Aug 202429 Nov 2024114 Days
6 Oak Fall, Witham, Essex, CM8 2LF£250,000£245,000-£5,00022 Jul 202426 Nov 2024127 Days
20 Chalks Road, Witham, Essex, CM8 2JG£525,000£520,000-£5,00018 Apr 202418 Nov 2024214 Days
2 Tusser Close, Rivenhall, Witham, Essex, CM8 3PD£350,000£350,000£024 Jun 202418 Nov 2024147 Days
34 Magnolia Close, Witham, Essex, CM8 2PD£315,000£307,000-£8,00020 Jun 202415 Nov 2024148 Days
17 Highfields Road, Witham, Essex, CM8 1HA£380,000£363,500-£16,50027 Jun 202407 Nov 2024133 Days
9 Braintree Road, Witham, Essex, CM8 2DD£400,000£385,000-£15,00018 Jul 202401 Nov 2024106 Days
5 Epping Way, Witham, Essex, CM8 1ND£280,000£275,000-£5,00010 Jun 202431 Oct 2024143 Days
43 Armiger Way, Witham, Essex, CM8 2UZ£170,000£165,000-£5,00015 Mar 202429 Oct 2024228 Days
69 Silver Street, Silver End, Witham, Essex, CM8 3QF£325,000£321,000-£4,00014 May 202428 Oct 2024167 Days
25 Albert Road, Witham, Essex, CM8 2BS£280,000£275,000-£5,00017 May 202420 Aug 202495 Days
134 Honeysuckle Way, Witham, Essex, CM8 2YD£250,000£250,000£030 Apr 202402 Aug 202494 Days
8 Carraways, Witham, Essex, CM8 1XT£160,000£157,500-£2,50013 Apr 202402 Aug 2024111 Days

Most Expensive Streets in CM8 (Witham)

PostcodeStreetAreaAverageNo. of Sales
CM8 3NWMaypole Road, Wickham BishopsWitham£1,193,7416
CM8 3LTGrange Road, Wickham BishopsWitham£1,035,0005
CM8 3FZHeron Way, Wickham BishopsWitham£1,035,0005
CM8 3GBRosina Place, Wickham BishopsWitham£1,028,0005
CM8 3EABeacon Hill, Wickham BishopsWitham£978,8505
CM8 3NUSchool Road, Wickham BishopsWitham£813,3333
CM8 1JFPattison CloseWitham£795,0003
CM8 3JZChurch Road, Wickham BishopsWitham£781,6666
CM8 3NZHeathgate, Wickham BishopsWitham£768,3333
CM8 1HGWitham LodgeWitham£755,8333

Least Expensive Streets in CM8 (Witham)

PostcodeStreetAreaAverageNo. of Sales
CM8 2GGBabbs CourtWitham£83,8405
CM8 1YHMill Vale Lodge, Guithavon Street, WithamWitham£91,5628
CM8 1ALNewland Court, Newland Street, WithamWitham£96,11118
CM8 2GWHammond Court, Jopson MewsWitham£107,2086
CM8 2TQFoster CourtWitham£115,93122
CM8 1YPIngles DriveWitham£117,3333
CM8 3FACrittall Court, Crittall RoadWitham£132,41612
CM8 1AEMoorfield Court, Newland Street, WithamWitham£133,18724
CM8 2PYElderberry GardensWitham£152,0559
CM8 2FSIceni House, Newland Street, WithamWitham£154,1666

Explore CM8 (Witham) using map

Sell Your
House Fast
Property Auctions Essex
Property Auctions Essex
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark