Mersey Road - CM8 1LJ
Key Postcode Insights
CM8 1LJ is a residential postcode situated on Mersey Road, Witham, CM8 with 15 addresses.
It ranks as the 419th largest and 526th most expensive of the 849 postcodes in the CM8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £368,979
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £1,630pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
CM8 1LJ is a residential postcode situated on Mersey Road, Witham, CM8 with 15 addresses.
It ranks as the 419th largest and 526th most expensive of the 849 postcodes in the CM8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £368,979
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £1,630pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin CM8 1LJ
- 2 Mersey Road
3 Bed Mid-century House
- 4 Mersey Road
3 Bed Mid-century House
- 6 Mersey Road
5 Bed Mid-century House
- 8 Mersey Road
3 Bed Mid-century House
- 10 Mersey Road
House
Sales Market Trends
The last sale in CM8 1LJ sold for £395,000 on 9th January 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £368,979.
The CM8 1LJ Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £368,979 |
| June 2025 | 0.7% | £375,091 |
| June 2024 | -1.3% | £372,485 |
| June 2023 | 0.3% | £377,434 |
| June 2022 | 9.3% | £376,127 |
| June 2021 | 5.1% | £344,194 |
| June 2020 | 3.3% | £327,427 |
| June 2019 | 0.1% | £316,949 |
| June 2018 | 0% | £316,498 |
| June 2017 | 6.7% | £316,608 |
| June 2016 | 13.3% | £296,792 |
| June 2015 | 7.3% | £261,916 |
| June 2014 | 12.8% | £244,104 |
| June 2013 | 2.4% | £216,476 |
| June 2012 | 1.9% | £211,467 |
| June 2011 | 0.6% | £207,466 |
| June 2010 | 12.9% | £206,220 |
| June 2009 | -15% | £182,718 |
| June 2008 | -1.2% | £214,860 |
| June 2007 | 0% | £217,369 |
Rental Market Trends
The current average rental value in the postcode is £1,630.
The CM8 1LJ Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,630pcm |
| June 2025 | 6.6% | £1,571pcm |
| June 2024 | 6.4% | £1,473pcm |
| June 2023 | 7.8% | £1,384pcm |
| June 2022 | 7.3% | £1,284pcm |
| June 2021 | 6.2% | £1,197pcm |
| June 2020 | 0.8% | £1,127pcm |
| June 2019 | 1.9% | £1,118pcm |
| June 2018 | 1.9% | £1,098pcm |
| June 2017 | 0.9% | £1,077pcm |
| June 2016 | 4% | £1,068pcm |
| June 2015 | 4.9% | £1,026pcm |
| June 2014 | 4.5% | £978pcm |
| June 2013 | 1.5% | £936pcm |
| June 2012 | 2.6% | £922pcm |
| June 2011 | 4.2% | £899pcm |
| June 2010 | 7.3% | £863pcm |
| June 2009 | -5.8% | £804pcm |
| June 2008 | 3.3% | £853pcm |
| June 2007 | 0% | £826pcm |
Sales History
The last sale was on 9th January 2025 for £395,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 17 sales since 1995.
CM8 1LJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2025£395,000 | 3 Bed House8, Mersey Road, Witham, CM8 1LJ8, Mersey Road, Witham, CM8 1LJ
- Sold Sep 2022£300,000 | 3 Bed House14, Mersey Road, Witham, CM8 1LJ14, Mersey Road, Witham, CM8 1LJ
- Sold Feb 2019£300,000 | 4 Bed House28, Mersey Road, Witham, CM8 1LJ28, Mersey Road, Witham, CM8 1LJ
- Sold Feb 2019£225,000 | 3 Bed House12, Mersey Road, Witham, CM8 1LJ12, Mersey Road, Witham, CM8 1LJ
- Sold Jul 2016£360,000 | 3 Bed House8, Mersey Road, Witham, CM8 1LJ8, Mersey Road, Witham, CM8 1LJ
Nearby Postcodes
CM8 1LJ is the 419th largest and the 526th most expensive postcode out of the 849 postcodes in the CM8 area.
- CM8 1LL, Mersey Road, Witham, CM8CM8 1LL20 Addresses|36 m away
- CM8 1LG, Tees Close, Witham, CM8CM8 1LG13 Addresses|44 m away
- CM8 1LF, Deben Close, Witham, CM8CM8 1LF16 Addresses|51 m away
- CM8 1LN, Trent Road, Witham, CM8CM8 1LN7 Addresses|68 m away
- CM8 1LW, Highfields Road, Witham, CM8CM8 1LW21 Addresses|83 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 5 other addresses of unknown type
- mid-century house (8)
- house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- Witham Oaks Academy300 m away
- Acorn Academy300 m away
- Templars Academy1.2 km away
- Lift Maltings900 m away
- Lift New Rickstones1.7 km away
- Alec Hunter Academy8.4 km away
More reading links
Public Transport Nearby
The closest station to CM8 1LJ is Witham station, which is 800 metres away.
- Witham|800 m away
- Hatfield Peverel|3.6 km away
- White Notley|4.5 km away
- Cressing (Essex)|6.4 km away