CM8 1NJ is a residential postcode located on King Edward Way, Witham, CM8. It is the 82nd largest postcode in the CM8 area.
It contains 2 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £267,857. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 6.0%.
Property sale values range from £262,281 for a freehold house, with 3 bedrooms split across 893 square feet of gross internal area and has a garden to £273,433 for a freehold house, with 3 bedrooms split across 893 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM8 1NJ is £300/ft2.
Properties achieve a rental yield of between 5.6% and 5.7%, and rental values range from £1,240 to £1,283 per month.
The last sale was 21 Apr 2023 for £276,000 and since then the market in the area as increased by -2.3%. The postcode has had a total of 4 sales since 1995.
CM8 1NJ has seen 1 sale in the last three years and no sales in the last twelve months.
CM8 1NJ is the 82nd largest and the 238th most expensive postcode out of the 871 postcodes in the CM8 area.
CM8 1NJ is a residential postcode located on King Edward Way, Witham, CM8 with 2 houses within its bounds.
The most common property type in CM8 1NJ is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to CM8 1NJ is Witham station which is 1.6 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CM8 1NJ, 47.9% of property is socially rented and 26.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM8 1NJ, 23.6% of residents are recorded as possessing school level qualifications and 18.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM8 1NJ, the average age was 37.2 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM8 1NJ, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM8 1NJ, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.