CM8 2FZ is a residential postcode located on Round Drive, Witham, CM8. It is the 204th largest postcode in the CM8 area.
It contains 6 houses and the most common type of property is a modern house built after 1980.
The average house value is £511,454. Sales values have decreased in the last 12 months by 0.5% and Rental values have increased by 6.3%.
Property sale values range from £429,254 for a freehold house, with 3 bedrooms split across 958 square feet of gross internal area and has a garden to £550,871 for a freehold house, with 4 bedrooms split across 1,475 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM8 2FZ is £395/ft2.
Properties achieve a rental yield of between 3.9% and 4.2%, and rental values range from £1,507 to £1,786 per month.
The last sale was 27 Jan 2023 for £514,995 and since then the market in the area as increased by -2.9%. The postcode has had a total of 4 sales since 1995.
CM8 2FZ has seen 1 sale in the last three years and no sales in the last twelve months.
CM8 2FZ is the 204th largest and the 723rd most expensive postcode out of the 871 postcodes in the CM8 area.
CM8 2FZ is a residential postcode located on Round Drive, Witham, CM8 with 6 houses within its bounds.
The most common property type in CM8 2FZ is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to CM8 2FZ is Witham station which is 1.2 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 2FZ, 39.7% of property is privately owned with a mortgage and 27.3% is privately owned outright.
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 2FZ, 16.7% of residents are recorded as possessing school level qualifications and 29.5% 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 2FZ, the average age was 40.5 and the most common age was 32.
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 2FZ, 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 2FZ, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.