CM8 1TZ is a residential postcode situated on Cam Way, Witham, CM8 with 36 addresses.
It ranks as the 720th largest and 331st most expensive of the 849 postcodes in the CM8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
CM8 1TZ is a residential postcode situated on Cam Way, Witham, CM8 with 36 addresses.
It ranks as the 720th largest and 331st most expensive of the 849 postcodes in the CM8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
Sale prices range from £281,368 for 3 bedroom freehold houses with a garden (785 ft2) to £334,285 for 3 bedroom freehold houses with a garden (1,022 ft2) .
Monthly rental prices range from £1,491 pcm for 3 bed houses to £1,648 pcm for 3 bed houses.
The gross rental yield is between 5.6% and 6.4%.
The average value per square foot is £337.
The last sale in CM8 1TZ sold for £287,500 on 27th January 2026. Since then prices have on average remained the same.
The current average value in the postcode is £299,568.
The CM8 1TZ Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £299,568 |
| April 2025 | 2.2% | £308,235 |
| April 2024 | -1.9% | £301,655 |
| April 2023 | 1.9% | £307,487 |
| April 2022 | 11.2% | £301,802 |
| April 2021 | 3.3% | £271,311 |
| April 2020 | 1.9% | £262,533 |
| April 2019 | -0.5% | £257,748 |
| April 2018 | 1.4% | £259,153 |
| April 2017 | 10.1% | £255,638 |
| April 2016 | 13.4% | £232,231 |
| April 2015 | 9.8% | £204,797 |
| April 2014 | 12.9% | £186,514 |
| April 2013 | 3.3% | £165,267 |
| April 2012 | 1.6% | £160,064 |
| April 2011 | 0.3% | £157,576 |
| April 2010 | 8.1% | £157,114 |
| April 2009 | -17.5% | £145,278 |
| April 2008 | 2.1% | £176,037 |
| April 2007 | 0% | £172,492 |
The current average rental value in the postcode is £1,555.
The CM8 1TZ Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,555pcm |
| April 2025 | 6% | £1,516pcm |
| April 2024 | 8.3% | £1,431pcm |
| April 2023 | 6.2% | £1,322pcm |
| April 2022 | 8.7% | £1,245pcm |
| April 2021 | 5.1% | £1,145pcm |
| April 2020 | -0.5% | £1,090pcm |
| April 2019 | 1% | £1,096pcm |
| April 2018 | 2.9% | £1,085pcm |
| April 2017 | 2.9% | £1,055pcm |
| April 2016 | 5.9% | £1,025pcm |
| April 2015 | 5.9% | £968pcm |
| April 2014 | 6.1% | £914pcm |
| April 2013 | 2.1% | £862pcm |
| April 2012 | 2.4% | £844pcm |
| April 2011 | 3.9% | £824pcm |
| April 2010 | 3.4% | £794pcm |
| April 2009 | -6.9% | £768pcm |
| April 2008 | 2.2% | £825pcm |
| April 2007 | 0% | £807pcm |
The last sale was on 27th January 2026 for £287,500 and since then the market in the area has remained stable. The postcode has had a total of 36 sales since 1995.
CM8 1TZ has seen 4 sales in the last three years and 1 sale in the last twelve months.
CM8 1TZ is the 720th largest and the 331st most expensive postcode out of the 849 postcodes in the CM8 area.
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The closest station to CM8 1TZ is Witham station which is 1.1 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1TZ, 44.0% of property is privately owned with a mortgage and 31.9% is socially rented.
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 1TZ, 23.0% of residents are recorded as possessing school level qualifications and 18.6% 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 1TZ, the average age was 37.2 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 1TZ, 0.5% 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 1TZ, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.