You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in CM8

House Prices in CM8

The average house price in CM8 (Witham) is £344,461 using HM Land Registry data.

The average property price increased by £51,177 (8.48%) over the last 5 years and increased by £10,254 (1.45%) over the last 12 months.

Over the last year, there were 436 residential property sales – a decrease of 48 transactions (-11.01%) relative to the previous year. The majority of house sales (106) were in the £236,000 - £312,000 range. Then came properties in the £312,000 - £388,000 range, where 102 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 219 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,851 (-2%).

In March 2025, there were 106 new estate agency instructions, 74 agreed home sales and 65 property price reductions.

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.

Property Market Heat Gauge for CM8 (Witham) - March 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Upper Acres, Witham, Essex, CM8 2LA	£290,000	£290,000	£0	21 Nov 2024	19 Feb 2025	90 Days
5 Hewitt Walk, Witham, Essex, CM8 2TU	£325,000	£320,000	-£5,000	13 Sep 2024	10 Feb 2025	150 Days
Flat 10, Croxall Court, Armond Road, Witham, Essex, CM8 2HR	£220,000	£220,000	£0	30 Jul 2024	07 Feb 2025	192 Days
25 Don Court, Witham, Essex, CM8 1TT	£260,000	£260,000	£0	24 Sep 2024	07 Feb 2025	136 Days
4 Ashby Road, Witham, Essex, CM8 1QN	£375,000	£367,500	-£7,500	28 Oct 2024	05 Feb 2025	100 Days
27 Baker Way, Witham, Essex, CM8 1UG	£330,000	£317,500	-£12,500	05 Mar 2024	04 Feb 2025	336 Days
56 Halcyon Close, Witham, Essex, CM8 1GY	£350,000	£350,000	£0	02 Oct 2024	31 Jan 2025	121 Days
Flat 28, Moorfield Court, Newland Street, Witham, Essex, CM8 1AE	£95,000	£95,000	£0	09 Mar 2024	30 Jan 2025	327 Days
23 Bantock Way, Witham, Essex, CM8 1BG	£260,000	£255,000	-£5,000	25 Sep 2024	30 Jan 2025	127 Days
10 Tusser Close, Rivenhall, Witham, Essex, CM8 3PD	£325,000	£310,000	-£15,000	10 Sep 2024	24 Jan 2025	136 Days
4a, The Street, Wickham Bishops, Witham, Essex, CM8 3NN	£180,000	£146,000	-£34,000	18 May 2021	22 Jan 2025	1345 Days
8 Mersey Road, Witham, Essex, CM8 1LJ	£400,000	£395,000	-£5,000	09 Jul 2024	09 Jan 2025	184 Days
2 Stainer Close, Witham, Essex, CM8 1RU	£475,000	£470,000	-£5,000	14 Dec 2024	18 Dec 2024	4 Days
32 Armond Road, Witham, Essex, CM8 2HA	£425,000	£425,000	£0	02 Sep 2024	16 Dec 2024	105 Days
14 Roots Lane, Wickham Bishops, Witham, Essex, CM8 3LS	£700,000	£695,000	-£5,000	17 Jul 2024	11 Dec 2024	147 Days
15 Bellfield Close, Witham, Essex, CM8 2BP	£220,000	£220,000	£0	17 Apr 2024	06 Dec 2024	233 Days
14 Elgar Drive, Witham, Essex, CM8 1QD	£500,000	£485,000	-£15,000	26 Jan 2024	05 Dec 2024	314 Days
69 Calamint Road, Witham, Essex, CM8 2XT	£290,000	£287,500	-£2,500	19 Jan 2024	05 Dec 2024	321 Days
27a, Elizabeth Avenue, Witham, Essex, CM8 1JD	£280,000	£275,000	-£5,000	08 Mar 2024	05 Dec 2024	272 Days
128 Broadway, Silver End, Witham, Essex, CM8 3XW	£200,000	£190,000	-£10,000	24 Jul 2024	29 Nov 2024	128 Days

Most Expensive Streets in CM8 (Witham)

Postcode	Street	Area	Average	No. of Sales
CM8 3NW	Maypole Road, Wickham Bishops	Witham	£1,275,990	5
CM8 3LT	Grange Road, Wickham Bishops	Witham	£1,035,000	5
CM8 3FZ	Heron Way, Wickham Bishops	Witham	£1,035,000	5
CM8 3GB	Rosina Place, Wickham Bishops	Witham	£1,028,000	5
CM8 3EA	Beacon Hill, Wickham Bishops	Witham	£1,012,312	4
CM8 3NU	School Road, Wickham Bishops	Witham	£813,333	3
CM8 1JF	Pattison Close	Witham	£795,000	3
CM8 3JZ	Church Road, Wickham Bishops	Witham	£781,666	6
CM8 3NZ	Heathgate, Wickham Bishops	Witham	£768,333	3
CM8 3NQ	Witham Road, Wickham Bishops	Witham	£753,000	5

Least Expensive Streets in CM8 (Witham)

Postcode	Street	Area	Average	No. of Sales
CM8 2GG	Babbs Court	Witham	£83,840	5
CM8 1YH	Mill Vale Lodge, Guithavon Street, Witham	Witham	£91,357	7
CM8 1AL	Newland Court, Newland Street, Witham	Witham	£94,294	17
CM8 2GW	Hammond Court, Jopson Mews	Witham	£107,208	6
CM8 2TQ	Foster Court	Witham	£114,785	21
CM8 1YP	Ingles Drive	Witham	£117,333	3
CM8 1AE	Moorfield Court, Newland Street, Witham	Witham	£131,660	25
CM8 3FA	Crittall Court, Crittall Road	Witham	£132,416	12
CM8 2PY	Elderberry Gardens	Witham	£152,055	9
CM8 2FS	Iceni House, Newland Street, Witham	Witham	£152,142	7