Housing Market Analysis for RICHARDS CLOSE, CM8 1GE

Are you looking to understand CM8 1GE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Braintree postcode.

For the location information and nearby amenities in the CM8 1GE area, explore the CM8 1GE Area information page.
For comprehensive crime statistics in the CM8 1GE area, explore the CM8 1GE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM8 1GE postcode area, The average prices are as follows,

Flat
- The average price is around £155,944 median price is £149,995 Standard Deviation is £24,526 with Total Sold: 29
- The Last 5 Year average price is £204,125 with Total Sold: 4
- The most recent sale happened at this postcode is 19 RICHARDS CLOSE: £215,500 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is 3 RICHARDS CLOSE: £149,995 (Sold on 25 Feb 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average CM8 1GE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£215,500	£3,918	1
2022	£194,000	£3,466	1
2021	£177,000	£3,218	1
2020	£230,000	£2,471	1
2017	£185,000	£3,304	1
2016	£171,000	£3,068	1
2015	£155,000	£2,804	1
2013	£115,000	£2,064	1
2011	£146,362	£2,072	4
2010	£136,498	£2,498	2
2006	£146,250	£2,643	2
2005	£148,379	£2,590	13

All the Sales in the RICHARDS CLOSE, CM8 1GE

See the table below for more details on the sold house prices in the CM8 1GE, Braintree postcode.

Address	Sold Date	Price	% Change
19 RICHARDS CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-2002	12 May 2023	£215,500	21.75%
	06 Aug 2021	£177,000	15.69%
	13 May 2005	£153,000	First Sale
17 RICHARDS CLOSEFlat, LeaseholdArea: 55.98 Sq.mtrAge: 2007 onwards	30 Sep 2022	£194,000	26.80%
	24 May 2005	£153,000	First Sale
15 RICHARDS CLOSEFlat, LeaseholdArea: 93.07 Sq.mtrAge: 2003-2006	17 Apr 2020	£230,000	48.39%
	11 Jul 2011	£155,000	-4.29%
	30 Jun 2011	£161,950	-2.44%
	30 Jun 2005	£166,000	First Sale
9 RICHARDS CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	21 Apr 2017	£185,000	23.34%
	04 Mar 2005	£149,995	First Sale
11 RICHARDS CLOSEFlat, LeaseholdArea: 55.73 Sq.mtrAge: 2003-2006	31 Oct 2016	£171,000	48.70%
	30 Aug 2013	£115,000	-23.33%
	04 Mar 2005	£149,995	First Sale
5 RICHARDS CLOSEFlat, LeaseholdArea: 55.28 Sq.mtrAge: 2003-2006	27 Feb 2015	£155,000	16.10%
	14 Oct 2011	£133,500	0.38%
	25 Feb 2005	£133,000	First Sale
23 RICHARDS CLOSEFlat, LeaseholdArea: 54.7 Sq.mtrAge: 2003-2006	31 May 2011	£135,000	-8.47%
	03 Oct 2006	£147,500	-4.84%
	13 May 2005	£154,995	First Sale
21 RICHARDS CLOSEFlat, LeaseholdArea: 57.2 Sq.mtrAge: 2003-2006	29 Apr 2010	£144,995	5.07%
	27 May 2005	£138,000	First Sale
27 RICHARDS CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	10 Feb 2010	£128,000	-7.25%
	31 May 2005	£138,000	First Sale
7 RICHARDS CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	23 Jan 2006	£145,000	3.57%
	04 Mar 2005	£140,000	First Sale
25 RICHARDS CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-2002	30 Jun 2005	£153,955	First Sale
1 RICHARDS CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	25 Feb 2005	£148,995	First Sale
3 RICHARDS CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	25 Feb 2005	£149,995	First Sale

Check out the sold house prices near the CM8 1GE postcode. Properties currently for saleProperties currently for rent

RICHARDS CLOSE, CM8 1GE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM8 1GE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CM8 1GE postcode.

Detached
- The average price is around £298,263 median price is £270,000 Standard Deviation is £170,330 with Total Sold: 324
- The Last 5 Year average price is £516,884 with Total Sold: 68
- The most recent sale happened at this postcode is , 76 EPPING WAY: £370,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 2 WATERWORKS COTTAGES: £73,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £118,918 median price is £120,000 Standard Deviation is £61,612 with Total Sold: 1,326
- The Last 5 Year average price is £178,873 with Total Sold: 274
- The most recent sale happened at this postcode is , 14 RICHARDS CLOSE: £205,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 3, OLD PARSONAGE COURT GUITHAVON STREET: £64,000 (Sold on 05 Jan 1995)
Terraced
- The average price is around £159,218 median price is £149,498 Standard Deviation is £90,027 with Total Sold: 1,140
- The Last 5 Year average price is £282,615 with Total Sold: 194
- The most recent sale happened at this postcode is , 12 CLAUDIUS WAY: £285,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 124 EPPING WAY: £41,950 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £177,901 median price is £168,000 Standard Deviation is £99,204 with Total Sold: 505
- The Last 5 Year average price is £317,663 with Total Sold: 72
- The most recent sale happened at this postcode is , 37 EPPING WAY: £330,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 32 CLAUDIUS WAY: £43,000 (Sold on 12 Jan 1995)
Other
- The average price is around £274,106 median price is £217,500 Standard Deviation is £245,689 with Total Sold: 36
- The Last 5 Year average price is £290,280 with Total Sold: 23
- The most recent sale happened at this postcode is , 18 TURSTAN ROAD: £214,000 (Sold on 27 Feb 2024)
- The first recorded sale happened at this postcode is GARAGE, 20 HALCYON CLOSE: £208,000 (Sold on 04 Oct 2013)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£445,000	£4,139	4
2023	£575,101	£4,652	24
2022	£557,064	£4,039	15
2021	£471,385	£3,701	13
2020	£440,844	£4,001	8
2019	£388,750	£4,447	4
2018	£349,938	£3,600	8
2017	£375,844	£3,520	8
2016	£418,444	£3,098	9
2015	£347,409	£3,059	11
2014	£333,700	£2,454	10
2013	£315,374	£2,450	8
2012	£341,333	£2,200	3
2011	£286,100	£2,461	5
2010	£291,055	£2,266	9
2009	£327,944	£2,126	9
2008	£261,875	£2,013	4
2007	£358,500	£2,815	12
2006	£251,550	£2,257	10
2005	£239,796	£2,245	15
2004	£264,236	£2,000	20
2003	£211,690	£2,076	13
2002	£219,730	£1,736	25
2001	£150,226	£1,175	16
2000	£125,161	£1,348	9
1999	£122,722	£1,179	11
1998	£125,150	£972	10
1997	£93,431	£866	8
1996	£106,796	£921	15
1995	£92,119	£1,031	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,528	£2,867	16
2023	£199,271	£3,578	98
2022	£169,261	£3,011	46
2021	£162,670	£3,078	51
2020	£176,042	£3,075	24
2019	£162,436	£2,941	39
2018	£169,192	£3,125	39
2017	£162,473	£3,096	47
2016	£162,339	£2,888	62
2015	£139,637	£2,501	51
2014	£121,323	£2,262	44
2013	£115,101	£2,102	37
2012	£104,032	£1,860	31
2011	£100,856	£1,912	35
2010	£121,751	£1,902	47
2009	£101,039	£1,933	19
2008	£123,521	£2,403	21
2007	£123,801	£2,512	48
2006	£116,379	£2,366	40
2005	£127,500	£2,431	65
2004	£128,168	£2,405	86
2003	£90,129	£1,949	24
2002	£78,212	£1,549	55
2001	£59,765	£1,262	45
2000	£52,259	£1,057	34
1999	£48,156	£958	60
1998	£45,174	£939	48
1997	£44,082	£883	53
1996	£42,838	£828	37
1995	£35,292	£694	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£266,136	£4,306	11
2023	£352,438	£4,191	25
2022	£302,318	£3,954	38
2021	£264,788	£3,482	60
2020	£259,552	£3,305	29
2019	£264,081	£3,212	31
2018	£251,027	£3,210	37
2017	£238,144	£3,399	36
2016	£232,045	£3,045	34
2015	£207,619	£2,625	46
2014	£173,000	£2,319	42
2013	£163,015	£2,175	33
2012	£166,882	£2,094	17
2011	£148,500	£1,860	18
2010	£156,615	£2,137	26
2009	£152,029	£2,013	20
2008	£147,728	£2,001	25
2007	£172,664	£2,434	59
2006	£148,863	£2,026	51
2005	£145,711	£2,086	35
2004	£172,158	£1,919	79
2003	£120,941	£1,771	43
2002	£102,385	£1,573	40
2001	£74,509	£1,088	42
2000	£68,550	£1,076	41
1999	£57,877	£875	49
1998	£48,732	£791	49
1997	£45,620	£738	41
1996	£39,252	£610	36
1995	£46,733	£768	47

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£359,571		7
2023	£357,462	£4,016	13
2022	£316,718	£3,785	8
2021	£341,765	£4,024	17
2020	£266,933	£3,608	15
2019	£280,000	£3,390	12
2018	£285,342	£3,596	19
2017	£285,786	£3,706	14
2016	£281,667	£3,126	9
2015	£246,062	£2,939	8
2014	£259,875	£2,515	12
2013	£213,791	£2,440	18
2012	£210,279	£2,211	7
2011	£202,500	£2,571	10
2010	£176,828	£2,178	16
2009	£179,345	£1,970	10
2008	£189,291	£2,492	11
2007	£199,879	£2,385	25
2006	£187,497	£2,119	21
2005	£173,058	£2,122	28
2004	£176,344	£2,125	41
2003	£130,703	£2,011	16
2002	£123,389	£1,380	18
2001	£102,521	£1,308	23
2000	£90,568	£1,221	13
1999	£71,221	£880	21
1998	£67,742	£784	25
1997	£60,280	£738	23
1996	£55,174	£802	20
1995	£53,474	£791	25

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£214,000		1
2023	£190,200	£3,722	5
2022	£50,000		1
2021	£222,333		6
2020	£519,984		4
2019	£341,250	£3,675	6
2018	£288,300	£3,468	3
2017	£288,825	£1,101	3
2015	£357,500		2
2014	£162,667	£1,107	3
2013	£128,496		2

House Type in CM8 1GE area

The most common house types in the CM8 1GE postcode area are Flat (117), Terraced (37), and Semi-detached (17).

Total	179
Flat	117
Terraced	37
Semi-detached	17
converted building	5
Detached	3
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns with a mortgage or loan (44).

Private rented: Private landlord or letting agency	55
Owned: Owns with a mortgage or loan	44
Social rented: Other social rented	36
Owned: Owns outright	29
Shared ownership: Shared ownership	11
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM8 1GE have 1 person in household (67), and 2 people in household (63).

1 person in household	67
2 people in household	63
3 people in household	21
4 people in household	14
5 people in household	10
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0