Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Witham, CM8 current market prices

The price growth in Witham is higher than the national average, with the 2 year growth at 0.8 times the national average. Compared to other areas, CM8 is a slightly inexpensive area, with an average price -8.4% lower than the national average. The average house price in Witham, CM8 is £282,898 and the average rent is £916.

CM8 Current Averages

Market characteristic CM8 district National CM8 against national
Average price £282,898 £308,989 -8.4%
Average rent £872 £916 -4.8%
Sales per month 26 8 (51,652 Total) +225%


CM8 Growth trends

Growth rate CM8 district National
2yr house growth -20.3% -24.3%
2yr CAGR -10.7% -13%
Last 12 months house price growth -15% -22.8%


CM8 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £282,898 £333,009 £354,891 £358,998 View houses for sale in CM8
Flats £0 £197,307 £178,929 £180,350 View flats for sale in CM8
Detached £0 £480,882 £547,172 £601,571 View detached for sale in CM8
Semi-detached £0 £371,731 £334,332 £329,573 View semi-detached for sale in CM8
Terraced £0 £308,314 £289,616 £296,067 View terraced for sale in CM8
Bungalows N/A N/A N/A £586,818 View bungalows for sale in CM8

Type Historical Average Price
All properties to rent £1,144 View houses for rent in CM8
Flats for rent £975 View flats for rent in CM8
Detached for rent £1,200 View detached for rent in CM8
Semi-detached for rent £1,404 View semi-detached for rent in CM8
Terraced for rent £1,217 View terraced for rent in CM8
Bungalows for rent £1,400 View bungalows for rent in CM8



Current market notes

The data above illustrates the relative proportions different types of property in the CM8 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all CM8 sales since 1995. The growth trends table shows the change in average house price for the CM8 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

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.