Elgar Drive - CM8 1QD
Key Postcode Insights
CM8 1QD is a residential postcode situated on Elgar Drive, Witham, CM8 with 18 addresses.
It ranks as the 485th largest and 581st 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 18 properties: 18 houses.
- Ave. Sale Price
- £386,521
- 10 Year change
- up 24.9%
- Ave. Rental Price
- £1,694pcm
- 10 Year change
- up 53.4%
- Ave. £ per ft²
- £346/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
CM8 1QD is a residential postcode situated on Elgar Drive, Witham, CM8 with 18 addresses.
It ranks as the 485th largest and 581st 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 18 properties: 18 houses.
- Ave. Sale Price
- £386,521
- 10 Year change
- up 24.9%
- Ave. Rental Price
- £1,694pcm
- 10 Year change
- up 53.4%
- Ave. £ per ft²
- £346/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin CM8 1QD
- 14 Elgar Drive
4 Bed Modern House
- 16 Elgar Drive
House
- 18 Elgar Drive
4 Bed Modern House
- 20 Elgar Drive
4 Bed Modern House
- 22 Elgar Drive
House
Sales Market Trends
The last sale in CM8 1QD sold for £335,000 on 26th February 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £386,521.
The CM8 1QD Sales Market has increased by 24.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £386,521 |
| June 2025 | 1% | £393,261 |
| June 2024 | -0.8% | £389,399 |
| June 2023 | -0.1% | £392,610 |
| June 2022 | 9.9% | £393,082 |
| June 2021 | 4.7% | £357,677 |
| June 2020 | 3.2% | £341,684 |
| June 2019 | -0.4% | £331,160 |
| June 2018 | 0.3% | £332,353 |
| June 2017 | 7.1% | £331,405 |
| June 2016 | 14.3% | £309,443 |
| June 2015 | 8% | £270,837 |
| June 2014 | 13.5% | £250,845 |
| June 2013 | 2.3% | £221,008 |
| June 2012 | 1.9% | £215,941 |
| June 2011 | 0.2% | £211,834 |
| June 2010 | 12% | £211,338 |
| June 2009 | -15.5% | £188,668 |
| June 2008 | -1.6% | £223,239 |
| June 2007 | 0% | £226,796 |
Rental Market Trends
The current average rental value in the postcode is £1,694.
The CM8 1QD Rental Market has increased by 53.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,694pcm |
| June 2025 | 6.9% | £1,635pcm |
| June 2024 | 7% | £1,529pcm |
| June 2023 | 7.3% | £1,429pcm |
| June 2022 | 7.9% | £1,332pcm |
| June 2021 | 5.8% | £1,234pcm |
| June 2020 | 0.7% | £1,167pcm |
| June 2019 | 1.4% | £1,159pcm |
| June 2018 | 2.2% | £1,144pcm |
| June 2017 | 1.3% | £1,119pcm |
| June 2016 | 4.9% | £1,104pcm |
| June 2015 | 5.5% | £1,053pcm |
| June 2014 | 5.2% | £997pcm |
| June 2013 | 1.5% | £948pcm |
| June 2012 | 2.6% | £934pcm |
| June 2011 | 3.8% | £910pcm |
| June 2010 | 6.5% | £877pcm |
| June 2009 | -6.4% | £824pcm |
| June 2008 | 2.8% | £880pcm |
| June 2007 | 0% | £855pcm |
Sales History
The last sale was on 26th February 2025 for £335,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 42 sales since 1995.
CM8 1QD has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£335,000 | 3 Bed House34, Elgar Drive, Witham, CM8 1QD34, Elgar Drive, Witham, CM8 1QD
- Sold Jan 2025£426,000 | 4 Bed House28, Elgar Drive, Witham, CM8 1QD28, Elgar Drive, Witham, CM8 1QD
- Sold Dec 2024£485,000 | 4 Bed House14, Elgar Drive, Witham, CM8 1QD14, Elgar Drive, Witham, CM8 1QD
- Sold May 2021£293,000 | 3 Bed House34, Elgar Drive, Witham, CM8 1QD34, Elgar Drive, Witham, CM8 1QD
- Sold Jun 2020£270,000 | 3 Bed House40, Elgar Drive, Witham, CM8 1QD40, Elgar Drive, Witham, CM8 1QD
Nearby Postcodes
CM8 1QD is the 485th largest and the 581st most expensive postcode out of the 849 postcodes in the CM8 area.
- CM8 1NG, Elgar Drive, Witham, CM8CM8 1NG17 Addresses|28 m away
- CM8 1QB, Ravel Avenue, Witham, CM8CM8 1QB3 Addresses|47 m away
- CM8 1GB, Greenwell Road, Witham, CM8CM8 1GB14 Addresses|68 m away
- CM8 1QE, Britten Crescent, Witham, CM8CM8 1QE42 Addresses|79 m away
- CM8 1QF, Gershwin Boulevard, Witham, CM8CM8 1QF11 Addresses|105 m away
Property Types
- 13 modern houses built after 1980
- 1 house of an unknown age
- 4 other addresses of unknown type
- modern house (13)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (13)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
Schools Nearby
- Holy Family Catholic Primary School200 m away
- Howbridge Church of England Junior School300 m away
- Howbridge Infant School300 m away
- Lift Maltings800 m away
- Lift New Rickstones3.2 km away
- Plume School7.3 km away
More reading links
Public Transport Nearby
The closest station to CM8 1QD is Witham station, which is 1.9 kilometres away.
- Witham|1.9 km away
- Hatfield Peverel|3.1 km away
- White Notley|6.1 km away
- Kelvedon|7.4 km away