CM8 1RL is a residential postcode situated on Cressing Road, Witham, CM8 with 5 addresses.
It ranks as the 121st largest and 501st most expensive of the 849 postcodes in the CM8 area.
The postcode contains a total of 5 properties: 4 houses and 1 flat.
CM8 1RL is a residential postcode situated on Cressing Road, Witham, CM8 with 5 addresses.
It ranks as the 121st largest and 501st most expensive of the 849 postcodes in the CM8 area.
The postcode contains a total of 5 properties: 4 houses and 1 flat.
Sale prices range from £170,909 for 2 bedroom leasehold flats (645 ft2) to £686,344 for 5 bedroom freehold houses with a garden (2,895 ft2) .
Monthly rental prices range from £969 pcm for 2 bed flats to £2,565 pcm for 5 bed houses.
The gross rental yield is between 4.5% and 6.8%.
The average value per square foot is £265.
The last sale in CM8 1RL sold for £194,500 on 16th September 2010. Since then prices are up an average of 80.2%.
The current average value in the postcode is £449,064.
The CM8 1RL Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £449,064 |
| April 2025 | 1.2% | £460,862 |
| April 2024 | -2.8% | £455,400 |
| April 2023 | 2.3% | £468,582 |
| April 2022 | 10.3% | £457,924 |
| April 2021 | 4.6% | £415,066 |
| April 2020 | 1.7% | £396,908 |
| April 2019 | 0.2% | £390,238 |
| April 2018 | 1.2% | £389,322 |
| April 2017 | 9.2% | £384,884 |
| April 2016 | 11.5% | £352,590 |
| April 2015 | 8.2% | £316,097 |
| April 2014 | 11.3% | £292,206 |
| April 2013 | 5.6% | £262,504 |
| April 2012 | 1.7% | £248,597 |
| April 2011 | 0.1% | £244,530 |
| April 2010 | 8.2% | £244,377 |
| April 2009 | -16.4% | £225,795 |
| April 2008 | 2.7% | £269,959 |
| April 2007 | 0% | £262,835 |
The current average rental value in the postcode is £1,836.
The CM8 1RL Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,836pcm |
| April 2025 | 5.2% | £1,787pcm |
| April 2024 | 7.4% | £1,699pcm |
| April 2023 | 6.9% | £1,582pcm |
| April 2022 | 7.8% | £1,479pcm |
| April 2021 | 6.1% | £1,372pcm |
| April 2020 | 0.1% | £1,293pcm |
| April 2019 | 1.7% | £1,293pcm |
| April 2018 | 2.5% | £1,271pcm |
| April 2017 | 2.1% | £1,240pcm |
| April 2016 | 4.7% | £1,214pcm |
| April 2015 | 4.5% | £1,159pcm |
| April 2014 | 4.9% | £1,110pcm |
| April 2013 | 4.6% | £1,058pcm |
| April 2012 | 2.6% | £1,011pcm |
| April 2011 | 3.5% | £986pcm |
| April 2010 | 3.9% | £952pcm |
| April 2009 | -6.3% | £917pcm |
| April 2008 | 3.3% | £978pcm |
| April 2007 | 0% | £947pcm |
The last sale was on 16th September 2010 for £194,500 and since then the market in the area has increased by 80.2%. The postcode has had a total of 3 sales since 1995.
CM8 1RL has seen no sales in the last three years and no sales in the last twelve months.
CM8 1RL is the 121st largest and the 501st most expensive postcode out of the 849 postcodes in the CM8 area.
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The closest station to CM8 1RL is White Notley station which is 1.5 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CM8 1RL, 41.7% of property is privately owned outright and 41.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM8 1RL, 14.7% of residents are recorded as possessing school level qualifications and 32.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM8 1RL, the average age was 39.9 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM8 1RL, 0.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM8 1RL, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.