Housing Market Analysis for RICHARDS CLOSE, CM8 1GG

Are you looking to understand CM8 1GG 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 1GG area, explore the CM8 1GG Area information page.
For comprehensive crime statistics in the CM8 1GG area, explore the CM8 1GG Crime Rates page.

Overview of Sold House prices

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

  • Flat
    • The average price is around £158,807 median price is £147,000 Standard Deviation is £28,453 with Total Sold: 31
    • The Last 5 Year average price is £201,571 with Total Sold: 7
    • The most recent sale happened at this postcode is 2 RICHARDS CLOSE: £205,000 (Sold on 18 Dec 2023)
    • The first recorded sale happened at this postcode is 14 RICHARDS CLOSE: £205,000 (Sold on 09 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average CM8 1GG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£201,667 £3,560 3
2022£208,000 £4,108 2
2020£185,000 £3,352 1
2018£187,500 £3,292 2
2016£185,000 £3,083 1
2014£150,000 £3,125 1
2013£130,000 £2,371 1
2012£127,000 £2,317 1
2010£144,500 £3,010 1
2009£126,667 £2,193 3
2008£140,000 £2,541 2
2007£144,275 £2,596 2
2005£145,196 £2,640 10
2024£205,0001

All the Sales in the RICHARDS CLOSE, CM8 1GG

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

AddressSold DatePrice% Change
2 RICHARDS CLOSEFlat, LeaseholdArea: 55.19 Sq.mtrAge: 2007 onwards18 Dec 2023£205,0000.0
18 Dec 2023£205,00010.81%
08 Sep 2020£185,00054.17%
22 Dec 2009£120,0002.13%
06 Jan 2009£117,500-18.97%
30 Jun 2008£145,000-1.36%
06 May 2005£147,000First Sale
8 RICHARDS CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-200230 Nov 2023£195,0000.0
05 Oct 2018£195,0005.41%
09 Aug 2016£185,00027.59%
13 May 2005£144,995First Sale
10 RICHARDS CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-200608 Apr 2022£195,0008.33%
22 Mar 2018£180,00022.45%
12 Apr 2005£147,000First Sale
12 RICHARDS CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-200606 Jan 2022£221,00047.33%
03 Oct 2014£150,0003.81%
23 Jul 2010£144,500-1.70%
29 Apr 2005£146,995First Sale
14 RICHARDS CLOSEFlat, LeaseholdArea: 54.82 Sq.mtrAge: 2003-200619 Dec 2013£130,0002.36%
11 Jul 2012£127,000-16.44%
03 Jun 2005£151,995-25.86%
09 Aug 2024£205,000First Sale
20 RICHARDS CLOSEFlat, LeaseholdArea: 62.61 Sq.mtrAge: 2003-200617 Jul 2009£142,5009.62%
11 Mar 2005£130,000First Sale
4 RICHARDS CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-200222 May 2008£135,000-5.46%
13 Dec 2007£142,8002.74%
27 May 2005£138,995First Sale
16 RICHARDS CLOSEFlat, Leasehold22 Mar 2007£145,7503.37%
03 Jun 2005£140,995First Sale
18 RICHARDS CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-200610 Jun 2005£152,995First Sale
6 RICHARDS CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-200627 May 2005£150,995First Sale

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

RICHARDS CLOSE, CM8 1GG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM8 1GG 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 1GG postcode.

  • Detached
    • The average price is around £298,160 median price is £270,000 Standard Deviation is £170,078 with Total Sold: 325
    • The Last 5 Year average price is £513,234 with Total Sold: 69
    • 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 £159,639 median price is £150,000 Standard Deviation is £90,054 with Total Sold: 1,147
    • The Last 5 Year average price is £282,741 with Total Sold: 196
    • 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 £178,060 median price is £169,995 Standard Deviation is £98,879 with Total Sold: 509
    • The Last 5 Year average price is £316,616 with Total Sold: 73
    • 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 £274,265 median price is £220,000 Standard Deviation is £242,348 with Total Sold: 37
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
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£364,000 £4,246 5
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
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£266,136 £4,306 11
2023£348,184 £4,158 27
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£232,130 £3,051 35
2015£207,619 £2,625 46
2014£173,034 £2,318 44
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£149,858 £2,137 36
2004£172,158 £1,919 79
2003£120,941 £1,771 43
2002£103,058 £1,580 41
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£359,5717
2023£357,462 £4,016 13
2022£316,718 £3,785 8
2021£341,765 £4,024 17
2020£265,328 £3,624 16
2019£280,000 £3,390 12
2018£285,342 £3,596 19
2017£285,786 £3,706 14
2016£275,500 £3,155 10
2015£246,062 £2,939 8
2014£253,884 £2,544 13
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£176,586 £2,026 11
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,0001
2023£190,200 £3,722 5
2022£50,0001
2021£222,3336
2020£519,9844
2019£341,250 £3,675 6
2018£288,300 £3,468 3
2017£288,825 £1,101 3
2015£357,5002
2014£192,000 £1,876 4
2013£128,4962

House Type in CM8 1GG area

The most common house types in the CM8 1GG postcode area are Terraced (73), Semi-detached (38), and converted building (30).

Total196
Terraced73
Semi-detached38
converted building30
Flat29
Detached21
Shared house3
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (72), and Owned: Owns outright (56).

Owned: Owns with a mortgage or loan72
Owned: Owns outright56
Private rented: Private landlord or letting agency54
Private rented: Other private rented5
Social rented: Other social rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CM8 1GG have 1 person in household (80), and 2 people in household (75).

1 person in household80
2 people in household75
3 people in household23
4 people in household10
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0