CM8 3ZJ is a residential postcode situated on Freebournes Road, Witham, CM8 with 5 addresses.
It ranks as the 145th largest and 56th most expensive of the 849 postcodes in the CM8 area.
The postcode contains a total of 5 properties: 5 flats.
CM8 3ZJ is a residential postcode situated on Freebournes Road, Witham, CM8 with 5 addresses.
It ranks as the 145th largest and 56th most expensive of the 849 postcodes in the CM8 area.
The postcode contains a total of 5 properties: 5 flats.
Sale prices range from £170,909 for 2 bedroom leasehold flats (656 ft2) to £170,909 for 2 bedroom leasehold flats (656 ft2) .
Monthly rental prices range from £969 pcm for 2 bed flats to £969 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 6.8%.
The average value per square foot is £260.
The last sale in CM8 3ZJ sold for £1,172,907 on 16th May 2025. Since then prices are down an average of 0.0%.
The current average value in the postcode is £170,909.
The CM8 3ZJ Sales Market has increased by 15.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £170,909 |
| April 2025 | 0.3% | £174,253 |
| April 2024 | -1% | £173,768 |
| April 2023 | 0.2% | £175,475 |
| April 2022 | 8.6% | £175,049 |
| April 2021 | 1% | £161,181 |
| April 2020 | 1.7% | £159,589 |
| April 2019 | -1.2% | £156,849 |
| April 2018 | 0% | £158,700 |
| April 2017 | 7% | £158,669 |
| April 2016 | 12.6% | £148,293 |
| April 2015 | 8.3% | £131,694 |
| April 2014 | 10% | £121,594 |
| April 2013 | 1.3% | £110,525 |
| April 2012 | -1.1% | £109,064 |
| April 2011 | 0.3% | £110,325 |
| April 2010 | 4.4% | £109,956 |
| April 2009 | -16.6% | £105,297 |
| April 2008 | 1.8% | £126,318 |
| April 2007 | 0% | £124,121 |
The current average rental value in the postcode is £969.
The CM8 3ZJ Rental Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £969pcm |
| April 2025 | 4% | £937pcm |
| April 2024 | 9.3% | £901pcm |
| April 2023 | 4.4% | £824pcm |
| April 2022 | 6.1% | £789pcm |
| April 2021 | 2.7% | £743pcm |
| April 2020 | -0.7% | £724pcm |
| April 2019 | 0.4% | £729pcm |
| April 2018 | 1.5% | £726pcm |
| April 2017 | 0% | £715pcm |
| April 2016 | 5.2% | £715pcm |
| April 2015 | 4.4% | £680pcm |
| April 2014 | 3.4% | £651pcm |
| April 2013 | 0.2% | £630pcm |
| April 2012 | -0.4% | £628pcm |
| April 2011 | 3.9% | £631pcm |
| April 2010 | -0.2% | £607pcm |
| April 2009 | -5.9% | £608pcm |
| April 2008 | 1.9% | £647pcm |
| April 2007 | 0% | £634pcm |
The last sale was on 16th May 2025 for £1,172,907 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
CM8 3ZJ has seen 4 sales in the last three years and no sales in the last twelve months.
CM8 3ZJ is the 145th largest and the 56th most expensive postcode out of the 849 postcodes in the CM8 area.
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The closest station to CM8 3ZJ is Witham station which is 1.1 kilometres away.
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