Laburnum Way - CM8 2LG
Key Postcode Insights
CM8 2LG is a residential postcode situated on Laburnum Way, Witham, CM8 with 28 addresses.
It ranks as the 633rd largest and 250th most expensive of the 849 postcodes in the CM8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 13 houses, 4 flats and 11 other properties.
- Ave. Sale Price
- £277,771
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,486pcm
- 10 Year change
- up 49.0%
- Ave. £ per ft²
- £330/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
CM8 2LG is a residential postcode situated on Laburnum Way, Witham, CM8 with 28 addresses.
It ranks as the 633rd largest and 250th most expensive of the 849 postcodes in the CM8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 13 houses, 4 flats and 11 other properties.
- Ave. Sale Price
- £277,771
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,486pcm
- 10 Year change
- up 49.0%
- Ave. £ per ft²
- £330/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in CM8 2LG
- 1 Laburnum Way
3 Bed Mid-century House
- 3 Laburnum Way
3 Bed Mid-century House
- 4A Laburnum Way
3 Bed Mid-century Flat
- 5 Laburnum Way
3 Bed Mid-century House
- 6A Laburnum Way
3 Bed Mid-century Flat
Sales Market Trends
The last sale in CM8 2LG sold for £271,000 on 1st August 2024. Since then prices are down an average of 1.9%.
The current average value in the postcode is £277,771.
The CM8 2LG Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £277,771 |
| June 2025 | 0.5% | £283,296 |
| June 2024 | -0.7% | £281,823 |
| June 2023 | -0.4% | £283,790 |
| June 2022 | 9.7% | £285,037 |
| June 2021 | 3.5% | £259,940 |
| June 2020 | 3% | £251,206 |
| June 2019 | -0.5% | £243,828 |
| June 2018 | 0.1% | £245,083 |
| June 2017 | 6.8% | £244,733 |
| June 2016 | 14.1% | £229,078 |
| June 2015 | 7.8% | £200,781 |
| June 2014 | 13.3% | £186,320 |
| June 2013 | 2.2% | £164,421 |
| June 2012 | 1.7% | £160,880 |
| June 2011 | -0.2% | £158,163 |
| June 2010 | 11% | £158,542 |
| June 2009 | -15.8% | £142,882 |
| June 2008 | -2.2% | £169,767 |
| June 2007 | 0% | £173,497 |
Rental Market Trends
The current average rental value in the postcode is £1,486.
The CM8 2LG Rental Market has increased by 49.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,486pcm |
| June 2025 | 6.4% | £1,438pcm |
| June 2024 | 7.2% | £1,352pcm |
| June 2023 | 6.9% | £1,261pcm |
| June 2022 | 7.7% | £1,179pcm |
| June 2021 | 4.5% | £1,095pcm |
| June 2020 | 0.7% | £1,048pcm |
| June 2019 | 1.2% | £1,041pcm |
| June 2018 | 2% | £1,029pcm |
| June 2017 | 1.1% | £1,009pcm |
| June 2016 | 4.9% | £998pcm |
| June 2015 | 5.3% | £951pcm |
| June 2014 | 5.1% | £903pcm |
| June 2013 | 1.4% | £859pcm |
| June 2012 | 2.4% | £847pcm |
| June 2011 | 3.3% | £827pcm |
| June 2010 | 5.7% | £801pcm |
| June 2009 | -6.9% | £758pcm |
| June 2008 | 2.3% | £815pcm |
| June 2007 | 0% | £797pcm |
Sales History
The last recorded sale was on 1st August 2024 for £271,000 and since then the market in the area has decreased by 1.9%.
CM8 2LG has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2024£271,000 | 3 Bed House34, Laburnum Way, Witham, CM8 2LG34, Laburnum Way, Witham, CM8 2LG
- Sold Jun 2022£300,000 | 3 Bed House30, Laburnum Way, Witham, CM8 2LG30, Laburnum Way, Witham, CM8 2LG
- Sold May 2022£320,000 | 3 Bed House32, Laburnum Way, Witham, CM8 2LG32, Laburnum Way, Witham, CM8 2LG
Nearby Postcodes
CM8 2LG is the 633rd largest and the 250th most expensive postcode out of the 849 postcodes in the CM8 area.
- CM8 2LF, Oak Fall, Witham, CM8CM8 2LF11 Addresses|52 m away
- CM8 2NT, Pine Grove, Witham, CM8CM8 2NT11 Addresses|73 m away
- CM8 2LH, Maple Drive, Witham, CM8CM8 2LH10 Addresses|101 m away
- CM8 2LQ, Hawthorne Rise, Witham, CM8CM8 2LQ10 Addresses|102 m away
- CM8 2LU, Dorothy Sayers Drive, Witham, CM8CM8 2LU8 Addresses|109 m away
Property Types
- 2 modern flats built after 1980
- 13 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 11 other addresses of unknown type
- modern flat (2)
- mid-century house (13)
- mid-century flat (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (1)
- F (0)
- C (8)
- G (0)
- D (4)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Oct 2022£402,000 | 3 Bed House51, Laburnum Way, Witham, CM8 2NY51, Laburnum Way, Witham, CM8 2NY
- Sold Oct 2024£381,000 | 3 Bed House51, Laburnum Way, Witham, CM8 2NY51, Laburnum Way, Witham, CM8 2NY
- Sold Dec 2023£335,000 | 3 Bed House58, Laburnum Way, Witham, CM8 2NY58, Laburnum Way, Witham, CM8 2NY
Schools Nearby
- Templars Academy400 m away
- Elm Hall Primary School600 m away
- Witham Oaks Academy1.5 km away
- Lift New Rickstones700 m away
- Lift Maltings2.0 km away
- Thurstable School7.3 km away
More reading links
Public Transport Nearby
The closest station to CM8 2LG is Witham station, which is 900 metres away.
- Witham|900 m away
- White Notley|4.2 km away
- Hatfield Peverel|5.1 km away
- Kelvedon|5.1 km away
