Payne Close - CM8 1GU
Key Street Insights
Payne Close is a residential street with 5 addresses.
It ranks as the 55th largest and 317th most expensive of the 544 streets in the CM8 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £361,733
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £1,536pcm
- 10 Year change
- up 53.1%
- Ave. £ per ft²
- £417/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Street Insights
Payne Close is a residential street with 5 addresses.
It ranks as the 55th largest and 317th most expensive of the 544 streets in the CM8 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £361,733
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £1,536pcm
- 10 Year change
- up 53.1%
- Ave. £ per ft²
- £417/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Properties on Payne Close, Witham, CM8
- 1 Payne Close
3 Bed Modern House
- 2 Payne Close
3 Bed Modern House
- 3 Payne Close
3 Bed Modern House
- 4 Payne Close
3 Bed Modern House
- 6 Payne Close
3 Bed Modern House
Sales Market Trends
The last sale on Payne Close sold for £352,500 on 9th February 2024. Since then prices are up an average of 1.1%.
The current average value in the street is £361,733.
The Payne Close Sales Market has increased by 24.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £361,733 |
| June 2025 | 1% | £367,293 |
| June 2024 | -1.1% | £363,736 |
| June 2023 | 0% | £367,735 |
| June 2022 | 9.6% | £367,569 |
| June 2021 | 5% | £335,360 |
| June 2020 | 3% | £319,311 |
| June 2019 | -0.1% | £309,899 |
| June 2018 | 0.2% | £310,236 |
| June 2017 | 6.7% | £309,717 |
| June 2016 | 13.8% | £290,146 |
| June 2015 | 7.8% | £254,886 |
| June 2014 | 13.2% | £236,449 |
| June 2013 | 2.4% | £208,891 |
| June 2012 | 1.9% | £204,000 |
| June 2011 | 0.5% | £200,190 |
| June 2010 | 12.4% | £199,287 |
| June 2009 | -15.4% | £177,262 |
| June 2008 | -1.3% | £209,504 |
| June 2007 | 0% | £212,339 |
Rental Market Trends
The current average rental value in the street is £1,536.
The Payne Close Rental Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,536pcm |
| June 2025 | 6.9% | £1,479pcm |
| June 2024 | 6.7% | £1,383pcm |
| June 2023 | 7.5% | £1,297pcm |
| June 2022 | 7.6% | £1,206pcm |
| June 2021 | 6.1% | £1,121pcm |
| June 2020 | 0.5% | £1,057pcm |
| June 2019 | 1.6% | £1,051pcm |
| June 2018 | 2.1% | £1,034pcm |
| June 2017 | 1% | £1,013pcm |
| June 2016 | 4.5% | £1,003pcm |
| June 2015 | 5.4% | £959pcm |
| June 2014 | 4.9% | £910pcm |
| June 2013 | 1.6% | £868pcm |
| June 2012 | 2.5% | £854pcm |
| June 2011 | 4% | £833pcm |
| June 2010 | 6.9% | £801pcm |
| June 2009 | -6.3% | £749pcm |
| June 2008 | 3.1% | £800pcm |
| June 2007 | 0% | £776pcm |
Sales History
The last recorded sale was on 9th February 2024 for £352,500 and since then the market in the area has increased by 1.1%.
Payne Close, Witham, CM8 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Feb 2024£352,500 | 3 Bed House6, Payne Close, Witham, CM8 1GU6, Payne Close, Witham, CM8 1GU
- Sold Oct 2023£365,000 | 3 Bed House1, Payne Close, Witham, CM8 1GU1, Payne Close, Witham, CM8 1GU
- Sold Jul 2022£352,500 | 3 Bed House4, Payne Close, Witham, CM8 1GU4, Payne Close, Witham, CM8 1GU
Top 3 Most Expensive Sales
- Sold Oct 2023£365,000 | 3 Bed House1, Payne Close, Witham, CM8 1GU1, Payne Close, Witham, CM8 1GU
- Sold Jul 2022£352,500 | 3 Bed House4, Payne Close, Witham, CM8 1GU4, Payne Close, Witham, CM8 1GU
- Sold Feb 2024£352,500 | 3 Bed House6, Payne Close, Witham, CM8 1GU6, Payne Close, Witham, CM8 1GU
Nearby Streets
Payne Close, Witham, CM8 is the 55th largest and the 317th most expensive street in the CM8 area.
- Graham Brown Walk, Witham, CM824 Addresses|29 m away
- Haygreen Road, Witham, CM864 Addresses|29 m away
- Duncombe Close, Witham, CM820 Addresses|87 m away
- Everitt Court, Witham, CM82 Addresses|102 m away
- Chaplin Mews, Witham, CM88 Addresses|109 m away
- Sneezum Walk, Witham, CM818 Addresses|121 m away
Property Types
- 5 modern houses built after 1980
- modern house (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (4)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Chipping Hill Primary School200 m away
- Holy Family Catholic Primary School500 m away
- Howbridge Infant School600 m away
- Lift Maltings900 m away
- Lift New Rickstones3.3 km away
- Plume School7.5 km away
More reading links
Public Transport Nearby
The closest station to Payne Close, Witham, CM8 - CM8 1GU is Witham station, which is 2.0 kilometres away.
- Witham|2.0 km away
- Hatfield Peverel|2.6 km away
- White Notley|5.9 km away