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Postcode Overview
of CM8 1PY
CM8 1PY is a residential postcode located on Claudius Way, Witham, CM8. It is the 807th largest postcode in the CM8 area.
It contains 45 residential addresses consisting of 44 houses and 1 flat and the most common type of property is a modern house built after 1980.
Average property prices
in CM8 1PY
The average house value is £258,722. Sales values have decreased in the last 12 months by 1.0% and Rental values have increased by 5.8%.
Property sale values range from £155,035 for a leasehold flat, with 1 bedrooms split across 431 square feet of gross internal area and has no outside space to £360,315 for a freehold house, with 3 bedrooms split across 1,033 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM8 1PY is £438/ft2.
Properties achieve a rental yield of between 5% and 6.6%, and rental values range from £856 to £1,497 per month.
Recent sales
within CM8 1PY
The last sale was 05 Jan 2024 for £285,000 and since then the market in the area as increased by 0.4%. The postcode has had a total of 4 sales since 1995.
CM8 1PY has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to CM8 1PY
CM8 1PY is the 807th largest and the 207th most expensive postcode out of the 871 postcodes in the CM8 area.
Property types
in CM8 1PY
CM8 1PY is a residential postcode located on Claudius Way, Witham, CM8 with 44 houses and 1 flat within its bounds.
The most common property type in CM8 1PY is a modern house built after 1980.
Energy Efficiency
of properties within CM8 1PY
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to CM8 1PY
Public transport nearby
to CM8 1PY
The closest station to CM8 1PY is Witham station which is 1.7 km away.
