CM8 1AL is a residential postcode situated on Newland Street, Witham, CM8 with 39 addresses.
It ranks as the 734th largest and 4th most expensive of the 849 postcodes in the CM8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 38 flats and 1 other property.
CM8 1AL is a residential postcode situated on Newland Street, Witham, CM8 with 39 addresses.
It ranks as the 734th largest and 4th most expensive of the 849 postcodes in the CM8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 38 flats and 1 other property.
Sale prices range from £81,118 for 1 bedroom leasehold flats (322 ft2) to £125,657 for 3 bedroom leasehold flats (786 ft2) .
Monthly rental prices range from £489 pcm for 1 bed flats to £753 pcm for 3 bed flats.
The gross rental yield is between 7.1% and 7.4%.
The average value per square foot is £202.
The last sale in CM8 1AL sold for £80,000 on 15th August 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £104,607.
The CM8 1AL Sales Market has increased by 13.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £104,607 |
| April 2025 | 0.1% | £107,071 |
| April 2024 | -1.5% | £106,914 |
| April 2023 | 0.5% | £108,511 |
| April 2022 | 8.5% | £107,990 |
| April 2021 | 0.3% | £99,489 |
| April 2020 | 1.6% | £99,180 |
| April 2019 | -0.9% | £97,585 |
| April 2018 | 0% | £98,493 |
| April 2017 | 6.8% | £98,535 |
| April 2016 | 12.1% | £92,248 |
| April 2015 | 7.9% | £82,327 |
| April 2014 | 10.4% | £76,291 |
| April 2013 | 1.5% | £69,090 |
| April 2012 | -0.5% | £68,046 |
| April 2011 | 0.2% | £68,356 |
| April 2010 | 5.3% | £68,197 |
| April 2009 | -17.3% | £64,775 |
| April 2008 | 1.4% | £78,278 |
| April 2007 | 0% | £77,209 |
The current average rental value in the postcode is £633.
The CM8 1AL Rental Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £633pcm |
| April 2025 | 3.9% | £614pcm |
| April 2024 | 8.8% | £591pcm |
| April 2023 | 4.7% | £543pcm |
| April 2022 | 6% | £519pcm |
| April 2021 | 2% | £489pcm |
| April 2020 | -0.8% | £480pcm |
| April 2019 | 0.6% | £484pcm |
| April 2018 | 1.5% | £481pcm |
| April 2017 | -0.2% | £474pcm |
| April 2016 | 4.7% | £475pcm |
| April 2015 | 4.1% | £454pcm |
| April 2014 | 3.8% | £436pcm |
| April 2013 | 0.4% | £420pcm |
| April 2012 | 0.3% | £418pcm |
| April 2011 | 3.8% | £417pcm |
| April 2010 | 0.6% | £402pcm |
| April 2009 | -6.6% | £399pcm |
| April 2008 | 1.5% | £427pcm |
| April 2007 | 0% | £421pcm |
The last sale was on 15th August 2025 for £80,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 115 sales since 1995.
CM8 1AL has seen 11 sales in the last three years and 1 sale in the last twelve months.
CM8 1AL is the 734th largest and the 4th most expensive postcode out of the 849 postcodes in the CM8 area.
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The closest station to CM8 1AL is Witham station which is 900 metres away.
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