Spa Road - CM8 1NE
Key Postcode Insights
CM8 1NE is a residential postcode situated on Spa Road, Witham, CM8 with 12 addresses.
It ranks as the 350th largest and 62nd most expensive of the 849 postcodes in the CM8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £176,306
- 10 Year change
- up 14.8%
- Ave. Rental Price
- £1,039pcm
- 10 Year change
- up 40.9%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
CM8 1NE is a residential postcode situated on Spa Road, Witham, CM8 with 12 addresses.
It ranks as the 350th largest and 62nd most expensive of the 849 postcodes in the CM8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £176,306
- 10 Year change
- up 14.8%
- Ave. Rental Price
- £1,039pcm
- 10 Year change
- up 40.9%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin CM8 1NE
- 6 Spa Road
2 Bed Mid-century Flat
- 7 Spa Road
3 Bed Mid-century Flat
- 8 Spa Road
Unknown
- 9 Spa Road
3 Bed Mid-century Flat
- 10 Spa Road
3 Bed Mid-century Flat
Sales Market Trends
The last sale in CM8 1NE sold for £185,000 on 5th September 2024. Since then prices are down an average of 4.0%.
The current average value in the postcode is £176,306.
The CM8 1NE Sales Market has increased by 14.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £176,306 |
| June 2025 | -0.9% | £179,537 |
| June 2024 | 0.1% | £181,145 |
| June 2023 | -0.9% | £180,930 |
| June 2022 | 8.6% | £182,569 |
| June 2021 | 1.5% | £168,161 |
| June 2020 | 3.3% | £165,641 |
| June 2019 | -1.1% | £160,314 |
| June 2018 | -0.3% | £162,056 |
| June 2017 | 5.9% | £162,606 |
| June 2016 | 14.6% | £153,597 |
| June 2015 | 7.3% | £134,045 |
| June 2014 | 12.7% | £124,965 |
| June 2013 | 1.9% | £110,899 |
| June 2012 | 0.7% | £108,802 |
| June 2011 | -1.2% | £108,098 |
| June 2010 | 8.4% | £109,370 |
| June 2009 | -16.3% | £100,863 |
| June 2008 | -2.2% | £120,481 |
| June 2007 | 0% | £123,143 |
Rental Market Trends
The current average rental value in the postcode is £1,039.
The CM8 1NE Rental Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,039pcm |
| June 2025 | 5% | £1,003pcm |
| June 2024 | 8% | £956pcm |
| June 2023 | 6.5% | £885pcm |
| June 2022 | 6.6% | £832pcm |
| June 2021 | 2.6% | £780pcm |
| June 2020 | 0.8% | £761pcm |
| June 2019 | 0.7% | £755pcm |
| June 2018 | 1.6% | £750pcm |
| June 2017 | 0.1% | £738pcm |
| June 2016 | 5.2% | £737pcm |
| June 2015 | 4.9% | £701pcm |
| June 2014 | 4.4% | £668pcm |
| June 2013 | 1.1% | £640pcm |
| June 2012 | 1.3% | £633pcm |
| June 2011 | 2.4% | £625pcm |
| June 2010 | 3.1% | £610pcm |
| June 2009 | -7.2% | £592pcm |
| June 2008 | 2.2% | £638pcm |
| June 2007 | 0% | £624pcm |
Sales History
The last sale was on 5th September 2024 for £185,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 21 sales since 1995.
CM8 1NE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£185,000 | 3 Bed Flat9, Spa Road, Witham, CM8 1NE9, Spa Road, Witham, CM8 1NE
- Sold May 2021£170,000 | 3 Bed Flat7, Spa Road, Witham, CM8 1NE7, Spa Road, Witham, CM8 1NE
- Sold Apr 2020£155,000 | 3 Bed Flat16, Spa Road, Witham, CM8 1NE16, Spa Road, Witham, CM8 1NE
- Sold Feb 2019£175,000 | 3 Bed Flat12, Spa Road, Witham, CM8 1NE12, Spa Road, Witham, CM8 1NE
- Sold Oct 2017£175,000 | 3 Bed Flat15, Spa Road, Witham, CM8 1NE15, Spa Road, Witham, CM8 1NE
Nearby Postcodes
CM8 1NE is the 350th largest and the 62nd most expensive postcode out of the 849 postcodes in the CM8 area.
- CM8 1NA, Spa Road, Witham, CM8CM8 1NA2 Addresses|89 m away
- CM8 1NF, Spa Road, Witham, CM8CM8 1NF23 Addresses|91 m away
- CM8 1LD, Avon Walk, Witham, CM8CM8 1LD8 Addresses|94 m away
- CM8 1UD, Bure Drive, Witham, CM8CM8 1UD43 Addresses|97 m away
- CM8 1UB, Bure Drive, Witham, CM8CM8 1UB31 Addresses|100 m away
Property Types
- 11 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century flat (11)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is E.
- A (0)
- E (6)
- B (0)
- F (1)
- C (0)
- G (1)
- D (3)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jan 2019£650,000 | 4 Bed HouseTaverners, Spa Road, Witham, CM8 1NATaverners, Spa Road, Witham, CM8 1NA
- Sold Aug 2015£425,000 | 4 Bed HouseTaverners, Spa Road, Witham, CM8 1NATaverners, Spa Road, Witham, CM8 1NA
- Sold Oct 2002£270,000 | 4 Bed HouseTaverners, Spa Road, Witham, CM8 1NATaverners, Spa Road, Witham, CM8 1NA
Schools Nearby
- Witham Oaks Academy100 m away
- Acorn Academy100 m away
- Templars Academy1.2 km away
- Lift Maltings1.1 km away
- Lift New Rickstones1.6 km away
- Alec Hunter Academy8.2 km away
More reading links
Public Transport Nearby
The closest station to CM8 1NE is Witham station, which is 1.0 kilometres away.
- Witham|1.0 km away
- Hatfield Peverel|3.6 km away
- White Notley|4.3 km away
- Cressing (Essex)|6.2 km away