Housing Market Analysis for OCTAVIA DRIVE, CM8 1HQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £373,000 median price is £373,000 Standard Deviation is £127,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 OCTAVIA DRIVE: £500,000 (Sold on 29 Jul 2016)
    • The first recorded sale happened at this postcode is 4 OCTAVIA DRIVE: £246,000 (Sold on 20 Mar 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average CM8 1HQ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£500,000 £4,587 1
2006£246,0001

All the Sales in the OCTAVIA DRIVE, CM8 1HQ

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

AddressSold DatePrice% Change
8 OCTAVIA DRIVEDetached, FreeholdArea: 109 Sq.mtrAge: 1967-197529 Jul 2016£500,000First Sale
4 OCTAVIA DRIVEDetached, Freehold20 Mar 2006£246,000First Sale

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

OCTAVIA DRIVE, CM8 1HQ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £148,138 median price is £159,772 Standard Deviation is £55,326 with Total Sold: 870
    • The Last 5 Year average price is £194,868 with Total Sold: 160
    • The most recent sale happened at this postcode is , 166 MORTIMER WAY: £230,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 14 MALTINGS COURT: £34,500 (Sold on 12 Mar 1995)
  • Detached
    • The average price is around £341,493 median price is £325,000 Standard Deviation is £161,649 with Total Sold: 447
    • The Last 5 Year average price is £523,941 with Total Sold: 120
    • The most recent sale happened at this postcode is , 3 CONSTANTINE ROAD: £432,500 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 AUGUSTUS WAY: £87,000 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £178,921 median price is £174,972 Standard Deviation is £89,170 with Total Sold: 1,074
    • The Last 5 Year average price is £276,906 with Total Sold: 200
    • The most recent sale happened at this postcode is , 34 GRAHAM BROWN WALK: £365,000 (Sold on 18 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 WULVESFORD: £46,000 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £250,215 median price is £265,995 Standard Deviation is £122,041 with Total Sold: 503
    • The Last 5 Year average price is £369,980 with Total Sold: 143
    • The most recent sale happened at this postcode is , 73 BUTCHER ROW: £405,000 (Sold on 11 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 £1,071,848 median price is £395,607 Standard Deviation is £1,522,274 with Total Sold: 24
    • The Last 5 Year average price is £1,105,548 with Total Sold: 11
    • 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 , 113 HATFIELD ROAD: £856,250 (Sold on 02 Dec 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£186,423 £3,039 13
2023£199,740 £3,597 25
2022£206,786 £3,574 35
2021£189,083 £3,170 41
2020£194,119 £3,270 21
2019£187,820 £6,607 25
2018£201,512 £3,492 53
2017£177,549 £3,115 41
2016£170,114 £2,900 50
2015£157,537 £2,604 39
2014£137,526 £2,337 38
2013£133,693 £2,197 18
2012£117,940 £2,085 15
2011£115,136 £2,037 11
2010£128,807 £4,510 23
2009£117,583 £1,675 6
2008£147,620 £2,552 48
2007£142,520 £2,625 42
2006£169,074 £3,011 51
2005£167,207 £2,731 98
2004£133,322 £2,083 40
2003£95,194 £1,832 9
2002£81,467 £1,527 20
2001£58,129 £1,163 17
2000£53,370 £1,049 15
1999£47,538 £836 26
1998£40,239 £760 19
1997£33,667 £638 12
1996£34,508 £690 9
1995£35,200 £693 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,5005
2023£563,222 £4,499 9
2022£605,500 £4,069 8
2021£520,670 £3,674 29
2020£519,109 £3,742 33
2019£513,260 £3,785 36
2018£401,291 £3,432 12
2017£423,103 £3,646 17
2016£438,874 £3,190 8
2015£419,021 £2,764 22
2014£319,700 £2,544 15
2013£303,125 £2,112 4
2012£326,000 £2,301 9
2011£295,917 £2,252 6
2010£318,867 £2,359 9
2009£288,389 £2,141 9
2008£289,000 £2,028 8
2007£298,718 £2,311 16
2006£316,125 £2,284 16
2005£276,528 £2,178 17
2004£258,665 £2,091 22
2003£268,827 £1,988 32
2002£253,844 £1,794 40
2001£139,458 £1,242 18
2000£114,000 £1,180 6
1999£120,945 £1,094 10
1998£122,571 £869 7
1997£114,745 £985 10
1996£76,624 £641 8
1995£89,0836
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,708 £3,742 12
2023£312,804 £3,757 23
2022£290,800 £3,765 30
2021£266,601 £3,356 62
2020£266,371 £3,251 31
2019£269,797 £3,169 42
2018£261,674 £3,200 36
2017£249,499 £3,171 35
2016£243,387 £2,973 53
2015£227,648 £2,706 65
2014£181,029 £2,290 48
2013£162,597 £1,964 36
2012£177,287 £1,822 19
2011£182,580 £1,906 30
2010£200,607 £2,209 41
2009£175,529 £1,875 25
2008£188,599 £2,281 39
2007£171,766 £2,382 54
2006£142,205 £1,852 46
2005£182,064 £2,451 47
2004£144,629 £2,012 48
2003£119,357 £1,729 34
2002£88,751 £1,210 26
2001£68,063 £948 36
2000£63,209 £895 29
1999£52,187 £691 24
1998£46,289 £622 32
1997£40,684 £560 28
1996£36,962 £496 27
1995£46,112 £537 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,125 £3,920 8
2023£375,286 £3,972 14
2022£348,115 £4,095 13
2021£382,749 £3,582 24
2020£394,441 £3,565 27
2019£352,751 £3,746 57
2018£317,607 £3,672 23
2017£294,562 £3,493 8
2016£297,732 £2,962 27
2015£290,054 £4,637 31
2014£249,500 £2,440 7
2013£213,332 £2,490 3
2012£237,500 £2,206 2
2011£212,931 £2,344 8
2010£189,174 £7,294 8
2009£171,667 £1,589 3
2008£230,281 £2,363 16
2007£216,657 £2,286 19
2006£241,687 £2,135 16
2005£225,301 £2,198 21
2004£229,923 £2,187 52
2003£185,958 £1,939 13
2002£171,097 £1,511 20
2001£99,299 £1,276 15
2000£80,186 £1,179 8
1999£64,242 £806 14
1998£60,518 £663 11
1997£49,957 £692 13
1996£52,335 £785 14
1995£49,094 £705 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,0001
2023£3,089,000 £3,633 2
2021£837,023 £10,337 4
2020£875,4692
2019£335,000 £3,485 2
2018£283,333 £2,510 3
2017£214,118 £3,161 4
2016£4,790,0001
2014£1,870,1983
2013£728,1252

House Type in CM8 1HQ area

The most common house types in the CM8 1HQ postcode area are Detached (60), Semi-detached (25), and Flat (23).

Total125
Detached60
Semi-detached25
Flat23
Terraced16
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright48
Owned: Owns with a mortgage or loan34
Social rented: Other social rented22
Private rented: Private landlord or letting agency13
Social rented: Rents from council or Local Authority8
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the CM8 1HQ have 2 people in household (49), and 1 person in household (28).

2 people in household49
1 person in household28
3 people in household19
4 people in household19
5 people in household8
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0