Palm Close - CM8 2PJ
Key Street Insights
Palm Close is a residential street with 21 addresses.
It ranks as the 301st largest and 212th most expensive of the 544 streets in the CM8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £311,151
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 54.0%
- Ave. £ per ft²
- £331/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Street Insights
Palm Close is a residential street with 21 addresses.
It ranks as the 301st largest and 212th most expensive of the 544 streets in the CM8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £311,151
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 54.0%
- Ave. £ per ft²
- £331/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertieson Palm Close, Witham, CM8
- 1 Palm Close
House
- 2 Palm Close
3 Bed Mid-century House
- 3 Palm Close
3 Bed Mid-century House
- 4 Palm Close
House
- 5 Palm Close
3 Bed Mid-century House
Sales Market Trends
The last sale on Palm Close sold for £340,000 on 12th December 2022. Since then prices are down an average of 2.8%.
The current average value in the street is £311,151.
The Palm Close Sales Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £311,151 |
| June 2025 | 1.1% | £317,148 |
| June 2024 | -0.5% | £313,750 |
| June 2023 | -0.4% | £315,438 |
| June 2022 | 10.3% | £316,631 |
| June 2021 | 4.4% | £286,989 |
| June 2020 | 3.2% | £274,943 |
| June 2019 | -0.7% | £266,449 |
| June 2018 | 0.5% | £268,255 |
| June 2017 | 7.5% | £266,919 |
| June 2016 | 14.7% | £248,203 |
| June 2015 | 8.3% | £216,347 |
| June 2014 | 13.8% | £199,817 |
| June 2013 | 2.3% | £175,583 |
| June 2012 | 1.9% | £171,641 |
| June 2011 | -0.1% | £168,373 |
| June 2010 | 11.4% | £168,459 |
| June 2009 | -15.5% | £151,285 |
| June 2008 | -1.9% | £179,138 |
| June 2007 | 0% | £182,557 |
Rental Market Trends
The current average rental value in the street is £1,577.
The Palm Close Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,577pcm |
| June 2025 | 7% | £1,525pcm |
| June 2024 | 7.4% | £1,426pcm |
| June 2023 | 7% | £1,328pcm |
| June 2022 | 8.3% | £1,241pcm |
| June 2021 | 5.4% | £1,145pcm |
| June 2020 | 0.9% | £1,087pcm |
| June 2019 | 1% | £1,078pcm |
| June 2018 | 2.4% | £1,067pcm |
| June 2017 | 1.8% | £1,042pcm |
| June 2016 | 5.5% | £1,024pcm |
| June 2015 | 5.8% | £970pcm |
| June 2014 | 5.6% | £917pcm |
| June 2013 | 1.5% | £868pcm |
| June 2012 | 2.6% | £856pcm |
| June 2011 | 3.5% | £834pcm |
| June 2010 | 6% | £806pcm |
| June 2009 | -6.6% | £760pcm |
| June 2008 | 2.6% | £814pcm |
| June 2007 | 0% | £794pcm |
Sales History
The last sale was on 12th December 2022 for £340,000 and since then the market in the area has decreased by 2.8%. The street has had a total of 21 sales since 1995.
Palm Close, Witham, CM8 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£340,000 | 3 Bed House3, Palm Close, Witham, CM8 2PJ3, Palm Close, Witham, CM8 2PJ
- Sold Mar 2022£306,125 | 3 Bed House19, Palm Close, Witham, CM8 2PJ19, Palm Close, Witham, CM8 2PJ
- Sold Nov 2021£308,000 | 3 Bed House7, Palm Close, Witham, CM8 2PJ7, Palm Close, Witham, CM8 2PJ
- Sold Aug 2019£245,000 | 3 Bed House3, Palm Close, Witham, CM8 2PJ3, Palm Close, Witham, CM8 2PJ
- Sold Dec 2018£242,500 | 3 Bed House20, Palm Close, Witham, CM8 2PJ20, Palm Close, Witham, CM8 2PJ
Top 3 Most Expensive Sales
Nearby Streets
Palm Close, Witham, CM8 is the 301st largest and the 212th most expensive street in the CM8 area.
- Redwood Close, Witham, CM834 Addresses|50 m away
- Sycamore Close, Witham, CM836 Addresses|96 m away
- Cherry Tree Rise, Witham, CM820 Addresses|123 m away
- Cedar Drive, Witham, CM823 Addresses|135 m away
- Horseshoe Drive, Rivenhall, Witham, CM817 Addresses|149 m away
- Larch Grove, Witham, CM817 Addresses|176 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 10 other addresses of unknown type
- mid-century house (10)
- house (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (7)
- G (0)
- D (1)
- No EPC (11)
Schools Nearby
- Elm Hall Primary School300 m away
- Templars Academy600 m away
- Rivenhall Church of England Primary School1.4 km away
- Lift New Rickstones400 m away
- Lift Maltings2.3 km away
- Thurstable School7.3 km away
More reading links
Public Transport Nearby
The closest station to Palm Close, Witham, CM8 - CM8 2PJ is Witham station, which is 1.2 kilometres away.
- Witham|1.2 km away
- White Notley|4.0 km away
- Kelvedon|4.9 km away