CM77 8GY is a residential postcode situated on Newman Avenue, Cressing, Braintree, CM77 with 7 addresses.
It ranks as the 161st largest and 327th most expensive of the 438 postcodes in the CM77 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
CM77 8GY is a residential postcode situated on Newman Avenue, Cressing, Braintree, CM77 with 7 addresses.
It ranks as the 161st largest and 327th most expensive of the 438 postcodes in the CM77 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £498,936 for 4 bedroom freehold houses with a garden (1,323 ft2) to £614,319 for 5 bedroom freehold houses with a garden (1,915 ft2) .
Monthly rental prices range from £1,873 pcm for 4 bed houses to £2,201 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 4.5%.
The average value per square foot is £351.
The last sale in CM77 8GY sold for £529,995 on 29th August 2024. Since then prices are down an average of 1.7%.
The current average value in the postcode is £549,379.
The CM77 8GY Sales Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £549,379 |
| April 2025 | 0.4% | £562,969 |
| April 2024 | -2.8% | £560,848 |
| April 2023 | 1.7% | £576,749 |
| April 2022 | 10.7% | £567,057 |
| April 2021 | 6% | £512,228 |
| April 2020 | -0.3% | £483,138 |
| April 2019 | 0.2% | £484,704 |
| April 2018 | 2.8% | £483,509 |
| April 2017 | 9.3% | £470,147 |
| April 2016 | 10.5% | £430,056 |
| April 2015 | 6.3% | £389,017 |
| April 2014 | 7.4% | £365,998 |
| April 2013 | 5.7% | £340,789 |
| April 2012 | 1% | £322,545 |
| April 2011 | 0.4% | £319,336 |
| April 2010 | 6.6% | £317,979 |
| April 2009 | -13.9% | £298,234 |
| April 2008 | 3.4% | £346,245 |
| April 2007 | 0% | £334,812 |
The current average rental value in the postcode is £1,996.
The CM77 8GY Rental Market has increased by 59.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,996pcm |
| April 2025 | 5.6% | £1,943pcm |
| April 2024 | 7.8% | £1,840pcm |
| April 2023 | 7.6% | £1,707pcm |
| April 2022 | 8.7% | £1,586pcm |
| April 2021 | 6.2% | £1,459pcm |
| April 2020 | 2.1% | £1,375pcm |
| April 2019 | 1.6% | £1,346pcm |
| April 2018 | 2.7% | £1,325pcm |
| April 2017 | 3% | £1,290pcm |
| April 2016 | 6.1% | £1,252pcm |
| April 2015 | 3.6% | £1,180pcm |
| April 2014 | 2.3% | £1,140pcm |
| April 2013 | 6.2% | £1,114pcm |
| April 2012 | 2.9% | £1,049pcm |
| April 2011 | 3% | £1,020pcm |
| April 2010 | 4.5% | £990pcm |
| April 2009 | -7% | £948pcm |
| April 2008 | 6.9% | £1,020pcm |
| April 2007 | 0% | £954pcm |
The last sale was on 29th August 2024 for £529,995 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 7 sales since 1995.
CM77 8GY has seen 7 sales in the last three years and no sales in the last twelve months.
CM77 8GY is the 161st largest and the 327th most expensive postcode out of the 438 postcodes in the CM77 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CM77 8GY, 44.2% of property is privately owned with a mortgage and 32.9% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM77 8GY, 12.8% of residents are recorded as possessing school level qualifications and 29.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM77 8GY, the average age was 39.9 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM77 8GY, 1.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM77 8GY, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.