Local market reports › CM area › CM8 › CM8 3
Witham market report CM8 3
The standing CM8 3 (Witham) property market report, rebuilt from the full public record every month. Underneath every chart here sit 3,680 registered sales in CM8 3 (Witham) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in CM8 3 (Witham) came in at £336,200, out of 44 registered, down 12% on five years earlier, and the mean stands at £495,200, and by floor area homes here have averaged about £4,190 per square metre over the last five years. The record behind it is 3,680 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
CM8 3 is a postcode sector: one group of streets inside CM8 (Witham). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where CM8 3 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in CM8 3 sells for
The 2026 median for CM8 3 is £336,200, taken from 44 registered sales. The mean, which is what most sites call the "average house price", is £495,200, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in CM8 3
Averaged across five years of sales, floor space in CM8 3 costs about £4,190 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Against a national (England and Wales) median of £285,000, CM8 3 runs 18% above it.
CM8 3's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £336,200 | £336,200 | 44 |
| 2025 | £384,800 | £394,002 | 133 |
| 2024 | £385,000 | £409,334 | 99 |
| 2023 | £422,500 | £464,224 | 108 |
| 2022 | £393,000 | £460,837 | 198 |
| 2021 | £381,500 | £483,028 | 222 |
| 2020 | £380,000 | £493,058 | 109 |
| 2019 | £295,000 | £386,674 | 126 |
| 2018 | £280,000 | £373,245 | 117 |
| 2017 | £277,500 | £378,482 | 86 |
| 2016 | £275,000 | £384,728 | 121 |
| 2015 | £226,000 | £319,338 | 141 |
| 2014 | £203,500 | £288,700 | 106 |
| 2013 | £180,000 | £259,002 | 99 |
| 2012 | £175,000 | £257,578 | 68 |
| 2011 | £172,500 | £260,409 | 66 |
| 2010 | £159,200 | £249,667 | 64 |
| 2009 | £174,000 | £279,706 | 61 |
| 2008 | £184,200 | £301,943 | 72 |
| 2007 | £205,000 | £347,737 | 169 |
| 2006 | £185,000 | £321,136 | 144 |
| 2005 | £185,000 | £329,225 | 119 |
| 2004 | £158,000 | £286,959 | 127 |
| 2003 | £154,200 | £284,074 | 110 |
| 2002 | £137,500 | £258,705 | 141 |
| 2001 | £95,000 | £182,633 | 122 |
| 2000 | £92,000 | £180,550 | 109 |
| 1999 | £80,000 | £159,436 | 130 |
| 1998 | £65,000 | £131,207 | 125 |
| 1997 | £58,000 | £118,946 | 159 |
| 1996 | £75,000 | £158,172 | 105 |
| 1995 | £51,000 | £110,866 | 80 |
In cash terms the typical CM8 3 home went from £51,000 in 1995 to £336,200 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 203%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2020. The market now sits about 32% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the CM8 3 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1996 (+47.1% on the year before); the weakest, 1997 (−22.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What CM8 3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −12.6% | −14.7% |
| 5 years (since 2021) | −2.5% | −7.0% |
| 10 years (since 2016) | +2.0% | −1.3% |
| 20 years (since 2006) | +3.0% | +0.2% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
CM8 3 recorded 44 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 116 sales a year recently, against 130 a year before 2008. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Rents around CM8 3
The local authority for CM8 3 is Braintree, and its ONS average private rent currently stands at £1,232 a month (May 2026 figures). A one-bed averages £863 a month here and a four-or-more-bed £2,003, so size does most of the work in setting the rent.
Average monthly rent by size, Braintree
ONS Price Index of Private Rents, May 2026.
Against the £336,200 median purchase price, a rent of £1,232 a month (£14,784 a year) works out at a 4.4% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
The shape of the CM8 3 market
Only 44 sales completed here in the last twelve months of data, which makes CM8 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
Asked and answered: CM8 3 (Witham)
Is CM8 3 (Witham) a good place to buy a house?
How much did a house sell for in CM8 3 (Witham)?
Are property prices falling in CM8 3 (Witham)?
What happens to CM8 3 prices now?
No honest page predicts prices, so this one sticks to the record: the median is down 12% over five years in cash but down 30% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
CM8's current homes for sale
This is what you could actually buy today: 106 homes currently on the market from 8 agents publishing to HomesIndex.
These cover the whole CM8 district, not just CM8 3: live asking prices are collected per district.
Of everything listed here, 36% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every CM8 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in CM
Real sold prices by size across the CM area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £417,500 | £550,000 (+32%) | £785,000 (+43%) | £1,137,500 (+45%) |
| Semi-detached | £325,000 | £370,000 (+14%) | £447,500 (+21%) | £575,000 (+28%) | £780,000 (+36%) |
| Terraced | £292,000 | £335,000 (+15%) | £380,000 (+13%) | £492,500 (+30%) | £700,000 (+42%) |
| Flat | £202,000 | £280,000 (+39%) | £385,000 (+38%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the CM area is the point: the same five years treated these districts very differently.
Five-year change in the median, CM area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in CM8
A few minutes' walk can separate two very different markets. Here are CM8's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| CM8 1 | £300,000 | 109 |
| CM8 2 | £317,800 | 64 |
Zoom out to the full CM8 district report for the type split, monthly volumes and how CM8 compares with its neighbours.
Selling in CM8 3? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at CM8 3's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim CM8 3.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to CM8 3. Free after a one click sign in.
See every individual CM8 3 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.