Elgar Drive - CM8 1DL
Key Postcode Insights
CM8 1DL is a residential postcode situated on Elgar Drive, Witham, CM8 with 6 addresses.
It ranks as the 149th largest and 712th most expensive of the 849 postcodes in the CM8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 5 houses and 1 other property.
- Ave. Sale Price
- £526,272
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,960pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
CM8 1DL is a residential postcode situated on Elgar Drive, Witham, CM8 with 6 addresses.
It ranks as the 149th largest and 712th most expensive of the 849 postcodes in the CM8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 5 houses and 1 other property.
- Ave. Sale Price
- £526,272
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,960pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Properties in CM8 1DL
- 2 Elgar Drive
4 Bed Modern House
- 4 Elgar Drive
House
- 6 Elgar Drive
4 Bed Modern House
- 8 Elgar Drive
4 Bed Modern House
- 10 Elgar Drive
5 Bed Modern House
Sales Market Trends
The last sale in CM8 1DL sold for £525,000 on 22nd November 2024. Since then prices are down an average of 2.4%.
The current average value in the postcode is £526,272.
The CM8 1DL Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £526,272 |
| June 2025 | 0.6% | £534,973 |
| June 2024 | -1.5% | £531,927 |
| June 2023 | 0.5% | £540,035 |
| June 2022 | 9% | £537,217 |
| June 2021 | 5.3% | £492,698 |
| June 2020 | 3.4% | £467,904 |
| June 2019 | 0.3% | £452,640 |
| June 2018 | -0.1% | £451,165 |
| June 2017 | 6.5% | £451,842 |
| June 2016 | 12.9% | £424,116 |
| June 2015 | 7% | £375,514 |
| June 2014 | 12.4% | £350,893 |
| June 2013 | 2.3% | £312,072 |
| June 2012 | 1.9% | £304,907 |
| June 2011 | 0.7% | £299,139 |
| June 2010 | 13.2% | £296,936 |
| June 2009 | -14.7% | £262,410 |
| June 2008 | -1% | £307,560 |
| June 2007 | 0% | £310,661 |
Rental Market Trends
The current average rental value in the postcode is £1,960.
The CM8 1DL Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,960pcm |
| June 2025 | 6.5% | £1,890pcm |
| June 2024 | 6.2% | £1,774pcm |
| June 2023 | 8% | £1,670pcm |
| June 2022 | 7% | £1,547pcm |
| June 2021 | 6.4% | £1,445pcm |
| June 2020 | 0.9% | £1,358pcm |
| June 2019 | 2.1% | £1,347pcm |
| June 2018 | 1.8% | £1,319pcm |
| June 2017 | 0.8% | £1,296pcm |
| June 2016 | 3.7% | £1,286pcm |
| June 2015 | 4.6% | £1,240pcm |
| June 2014 | 4.2% | £1,185pcm |
| June 2013 | 1.5% | £1,137pcm |
| June 2012 | 2.6% | £1,120pcm |
| June 2011 | 4.3% | £1,092pcm |
| June 2010 | 7.6% | £1,047pcm |
| June 2009 | -5.5% | £973pcm |
| June 2008 | 3.4% | £1,030pcm |
| June 2007 | 0% | £996pcm |
Sales History
The last recorded sale was on 22nd November 2024 for £525,000 and since then the market in the area has decreased by 2.4%.
CM8 1DL has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Nov 2024£525,000 | 4 Bed House2, Elgar Drive, Witham, CM8 1DL2, Elgar Drive, Witham, CM8 1DL
- Sold Nov 2022£600,000 | 4 Bed House8, Elgar Drive, Witham, CM8 1DL8, Elgar Drive, Witham, CM8 1DL
- Sold Apr 2015£365,000 | 5 Bed House12, Elgar Drive, Witham, CM8 1DL12, Elgar Drive, Witham, CM8 1DL
Nearby Postcodes
CM8 1DL is the 149th largest and the 712th most expensive postcode out of the 849 postcodes in the CM8 area.
- CM8 1DS, Elgar Drive, Witham, CM8CM8 1DS22 Addresses|47 m away
- CM8 1DP, Maltings Lane, Witham, CM8CM8 1DP6 Addresses|73 m away
- CM8 1BD, Bantock Way, Witham, CM8CM8 1BD12 Addresses|76 m away
- CM8 1XD, Denholm Court, Witham, CM8CM8 1XD21 Addresses|80 m away
- CM8 1BG, Bantock Way, Witham, CM8CM8 1BG12 Addresses|97 m away
Property Types
- 5 modern houses built after 1980
- 1 other address of unknown type
- modern house (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2022£607,000 | 4 Bed House21, Elgar Drive, Witham, CM8 1DS21, Elgar Drive, Witham, CM8 1DS
- Sold Nov 2022£600,000 | 4 Bed House8, Elgar Drive, Witham, CM8 1DL8, Elgar Drive, Witham, CM8 1DL
- Sold Dec 2022£540,000 | 5 Bed House33, Elgar Drive, Witham, CM8 1DS33, Elgar Drive, Witham, CM8 1DS
Schools Nearby
- Holy Family Catholic Primary School100 m away
- Howbridge Infant School300 m away
- Howbridge Church of England Junior School300 m away
- Lift Maltings700 m away
- Lift New Rickstones3.1 km away
- Plume School7.5 km away
More reading links
Public Transport Nearby
The closest station to CM8 1DL is Witham station, which is 1.8 kilometres away.
- Witham|1.8 km away
- Hatfield Peverel|3.0 km away
- White Notley|5.9 km away
- Kelvedon|7.4 km away
