CM8 1ZG is a residential postcode situated on Ryland Drive, Witham, CM8 with 58 addresses.
It ranks as the 826th largest and 372nd most expensive of the 849 postcodes in the CM8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 58 properties: 58 flats.
CM8 1ZG is a residential postcode situated on Ryland Drive, Witham, CM8 with 58 addresses.
It ranks as the 826th largest and 372nd most expensive of the 849 postcodes in the CM8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 58 properties: 58 flats.
Sale prices range from £290,831 for 2 bedroom leasehold flats with a balcony (538 ft2) to £415,679 for 3 bedroom leasehold flats with a balcony (914 ft2) .
Monthly rental prices range from £1,432 pcm for 2 bed flats to £2,006 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 5.9%.
The average value per square foot is £519.
The last sale in CM8 1ZG sold for £270,000 on 23rd October 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £333,395.
The CM8 1ZG Sales Market has increased by 8.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.3% | £333,395 |
| April 2025 | -0.6% | £348,451 |
| April 2024 | -3.4% | £350,592 |
| April 2023 | 1.3% | £362,890 |
| April 2022 | 8.7% | £358,179 |
| April 2021 | -1.1% | £329,491 |
| April 2020 | 1.8% | £333,169 |
| April 2019 | -0.8% | £327,421 |
| April 2018 | 0.2% | £329,953 |
| April 2017 | 6.9% | £329,315 |
| April 2016 | 11% | £308,151 |
| April 2015 | 6.5% | £277,724 |
| April 2014 | 11.4% | £260,718 |
| April 2013 | 2.9% | £234,077 |
| April 2012 | 0.8% | £227,530 |
| April 2011 | -0.4% | £225,645 |
| April 2010 | 7.6% | £226,604 |
| April 2009 | -18.5% | £210,515 |
| April 2008 | 1.3% | £258,226 |
| April 2007 | 0% | £254,878 |
The current average rental value in the postcode is £1,624.
The CM8 1ZG Rental Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £1,624pcm |
| April 2025 | 3.1% | £1,609pcm |
| April 2024 | 6.6% | £1,561pcm |
| April 2023 | 5.6% | £1,464pcm |
| April 2022 | 6.2% | £1,387pcm |
| April 2021 | 0.5% | £1,306pcm |
| April 2020 | -0.7% | £1,298pcm |
| April 2019 | 0.8% | £1,307pcm |
| April 2018 | 1.7% | £1,297pcm |
| April 2017 | -0.1% | £1,275pcm |
| April 2016 | 3.7% | £1,277pcm |
| April 2015 | 2.7% | £1,232pcm |
| April 2014 | 4.7% | £1,200pcm |
| April 2013 | 1.7% | £1,146pcm |
| April 2012 | 1.6% | £1,126pcm |
| April 2011 | 3.1% | £1,109pcm |
| April 2010 | 2.9% | £1,075pcm |
| April 2009 | -8% | £1,045pcm |
| April 2008 | 1.5% | £1,136pcm |
| April 2007 | 0% | £1,119pcm |
The last sale was on 23rd October 2025 for £270,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 86 sales since 1995.
CM8 1ZG has seen 82 sales in the last three years and 2 sales in the last twelve months.
CM8 1ZG is the 826th largest and the 372nd most expensive postcode out of the 849 postcodes in the CM8 area.
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The closest station to CM8 1ZG is Witham station which is 1.0 kilometres away.
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