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CM8 (Witham) Price trends

 
5yr house price growth
41.14%6.08%
5yr house price CAGR
5.91%3.47%
Last 12 months house price growth
13.21%6.08%
 
Market size Indicator: no. of transactions
13,953281,37021,295,051
Market size Indicator: total no. of properties
14,528291,49228,158,214
Market liquidity Indicator: transactions / properties
96.04%96.53%75.63%
Market growth indicator: new homes built
1,56431,7752,149,015
Market growth indicator: new builds / transactions
0.00%11.29%10.09%
Notes

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.

Data sources: Total number of properties: ONS 2011 Census data. Other data: HM Land Registry. Land Registry data is updated quarterly and dates back to January 1995.

No. of transactions: This is the count of all transactions in the relevant geographic segment since 1st January 1995 as recorded by Land Registry.

No. of properties: This is the count of all residential properties in the relevant geographic segment.

New homes built: This is the count of all new build transactions in the relevant geographic segment since 1st January 1995 as recorded by Land Registry.
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