Housing Market Analysis for PALM CLOSE, CM8 2PJ

Are you looking to understand CM8 2PJ 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 2PJ area, explore the CM8 2PJ Area information page.
For comprehensive crime statistics in the CM8 2PJ area, explore the CM8 2PJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM8 2PJ postcode area, The average prices are as follows,

Terraced
- The average price is around £191,976 median price is £168,000 Standard Deviation is £83,211 with Total Sold: 18
- The Last 5 Year average price is £299,781 with Total Sold: 4
- The most recent sale happened at this postcode is 3 PALM CLOSE: £340,000 (Sold on 12 Dec 2022)
- The first recorded sale happened at this postcode is 5 PALM CLOSE: £46,500 (Sold on 01 Dec 1995)
Semi-Detached
- The average price is around £103,000 median price is £76,500 Standard Deviation is £59,179 with Total Sold: 3
- The most recent sale happened at this postcode is 6 PALM CLOSE: £185,000 (Sold on 01 Nov 2007)
- The first recorded sale happened at this postcode is 6 PALM CLOSE: £47,500 (Sold on 31 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CM8 2PJ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£323,062	£3,783	2
2021	£308,000	£3,711	1
2019	£245,000	£2,917	1
2018	£242,500	£2,820	1
2017	£246,667	£2,918	3
2011	£170,000	£1,648	1
2009	£163,000	£1,857	2
2006	£152,000	£1,831	1
2005	£156,225		2
2003	£116,500		1
2001	£94,000	£1,034	1
1998	£56,500	£622	1
1995	£46,500	£512	1

House Type: Semi-Detached

Year	Avg. Price	Sold
2007	£185,000	1
2000	£76,500	1
1995	£47,500	1

All the Sales in the PALM CLOSE, CM8 2PJ

See the table below for more details on the sold house prices in the CM8 2PJ, Braintree postcode.

Address	Sold Date	Price	% Change
3 PALM CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	12 Dec 2022	£340,000	38.78%
3 PALM CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	21 Aug 2019	£245,000	First Sale
19 PALM CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	25 Mar 2022	£306,125	36.06%
	01 Aug 2017	£225,000	First Sale
7 PALM CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-1975	26 Nov 2021	£308,000	18.46%
	07 Dec 2017	£260,000	71.05%
	01 Sep 2006	£152,000	First Sale
20 PALM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	14 Dec 2018	£242,500	First Sale
21 PALM CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	05 May 2017	£255,000	First Sale
2 PALM CLOSETerraced, FreeholdArea: 103.16 Sq.mtrAge: 1967-1975	29 Jul 2011	£170,000	First Sale
5 PALM CLOSETerraced, FreeholdArea: 90.88 Sq.mtrAge: 1967-1975	23 Oct 2009	£166,000	76.60%
	06 Jul 2001	£94,000	66.37%
	27 Feb 1998	£56,500	21.51%
	01 Dec 1995	£46,500	First Sale
13 PALM CLOSETerraced, FreeholdArea: 84.73 Sq.mtrAge: 1967-1975	01 Sep 2009	£160,000	First Sale
6 PALM CLOSESemi-Detached, Freehold	01 Nov 2007	£185,000	141.83%
	28 Jul 2000	£76,500	61.05%
	31 Jul 1995	£47,500	First Sale
4 PALM CLOSETerraced, Freehold	15 Sep 2005	£159,950	37.30%
4 PALM CLOSETerraced, Freehold	04 Jul 2003	£116,500	First Sale
11 PALM CLOSETerraced, Freehold	24 Mar 2005	£152,500	First Sale

Check out the sold house prices near the CM8 2PJ postcode. Properties currently for saleProperties currently for rent

PALM CLOSE, CM8 2PJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM8 2PJ 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 2PJ postcode.

Semi-Detached
- The average price is around £177,089 median price is £160,000 Standard Deviation is £103,112 with Total Sold: 329
- The Last 5 Year average price is £314,699 with Total Sold: 65
- The most recent sale happened at this postcode is , 34 LABURNUM WAY: £271,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 33 JUNIPER CRESCENT: £70,000 (Sold on 20 Feb 1995)
Detached
- The average price is around £328,374 median price is £349,995 Standard Deviation is £173,715 with Total Sold: 194
- The Last 5 Year average price is £411,896 with Total Sold: 90
- The most recent sale happened at this postcode is , 2 DRIVER WAY: £490,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 7 ELM RISE: £48,500 (Sold on 25 May 1995)
Terraced
- The average price is around £161,724 median price is £149,995 Standard Deviation is £87,051 with Total Sold: 731
- The Last 5 Year average price is £283,416 with Total Sold: 125
- The most recent sale happened at this postcode is , 10 PINE GROVE: £350,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 35 JUNIPER CRESCENT: £60,000 (Sold on 07 Feb 1995)
Flat
- The average price is around £114,359 median price is £117,125 Standard Deviation is £60,343 with Total Sold: 124
- The Last 5 Year average price is £200,536 with Total Sold: 14
- The most recent sale happened at this postcode is , 20 COURT TWO: £260,000 (Sold on 01 Sep 2023)
- The first recorded sale happened at this postcode is , 9 VANE COURT: £35,000 (Sold on 25 May 1995)
Other
- The average price is around £1,484,867 median price is £1,825 Standard Deviation is £3,316,148 with Total Sold: 6
- The Last 5 Year average price is £1,840 with Total Sold: 5
- The most recent sale happened at this postcode is , 1 CHERRY TREE RISE: £2,000 (Sold on 22 Jun 2023)
- The first recorded sale happened at this postcode is , 9 EVANS WAY: £8,900,000 (Sold on 12 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£359,500		3
2023	£318,714	£4,118	7
2022	£336,750	£4,174	10
2021	£294,883	£4,000	13
2020	£312,859	£3,465	18
2019	£308,104	£3,960	14
2018	£301,497	£3,814	21
2017	£303,498	£3,498	12
2016	£247,300	£3,246	5
2015	£218,571	£2,784	7
2014	£189,075	£2,359	4
2013	£174,000	£2,439	6
2012	£169,869	£2,569	4
2011	£161,000	£2,166	8
2010	£163,900	£1,862	10
2009	£163,300	£1,835	5
2008	£177,000	£2,100	8
2007	£177,249	£2,407	12
2006	£164,462	£1,899	13
2005	£161,000	£1,926	6
2004	£156,997	£1,877	16
2003	£134,397	£1,507	15
2002	£119,949	£1,382	10
2001	£86,208	£964	12
2000	£71,571	£718	18
1999	£64,795	£850	23
1998	£61,634	£822	17
1997	£54,538	£610	10
1996	£47,750	£583	12
1995	£48,999	£604	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£490,000		1
2023	£433,749	£4,313	8
2022	£455,797	£4,160	15
2021	£411,829	£4,095	12
2020	£395,256	£3,480	27
2019	£394,811	£4,088	27
2018	£404,371	£3,562	24
2017	£380,196	£3,687	10
2016	£345,000	£2,949	1
2015	£300,000	£4,020	1
2014	£249,000	£3,000	1
2013	£337,500	£2,668	4
2012	£366,250	£1,503	2
2010	£245,000	£1,595	2
2009	£225,000	£3,015	1
2008	£194,000	£2,317	2
2007	£364,406	£2,354	8
2006	£182,500		2
2005	£170,600	£2,440	5
2004	£187,167	£1,589	3
2003	£186,100	£1,615	5
2002	£135,777	£1,373	9
2001	£92,291	£1,216	6
2000	£103,000	£802	2
1999	£70,000	£911	2
1998	£108,125	£695	8
1997	£80,333	£780	3
1995	£64,815	£734	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,750		4
2023	£299,566	£3,499	19
2022	£301,560	£3,690	23
2021	£260,789	£3,063	28
2020	£290,894	£3,300	19
2019	£270,852	£3,173	32
2018	£259,129	£3,058	28
2017	£247,254	£3,073	24
2016	£236,359	£2,705	39
2015	£210,477	£2,312	22
2014	£187,644	£2,237	35
2013	£163,310	£1,886	24
2012	£156,216	£1,820	18
2011	£147,187	£1,775	16
2010	£149,622	£1,780	16
2009	£143,812	£1,354	8
2008	£167,468	£1,902	16
2007	£153,095	£1,671	21
2006	£146,669	£1,619	38
2005	£138,914	£1,579	18
2004	£137,108	£1,647	37
2003	£120,302	£1,451	33
2002	£107,040	£1,266	23
2001	£78,619	£973	37
2000	£67,697	£843	20
1999	£58,777	£707	29
1998	£55,737	£658	37
1997	£44,892	£574	36
1996	£47,251	£508	17
1995	£45,292	£583	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£213,750	£2,942	4
2022	£199,625	£3,127	4
2021	£222,333	£3,077	3
2020	£210,000	£2,506	1
2019	£138,500	£2,497	2
2018	£206,250	£2,785	4
2017	£192,500	£2,600	7
2016	£175,000	£2,083	1
2015	£142,250	£1,971	4
2014	£124,265	£1,791	6
2013	£144,000	£1,444	3
2012	£122,000	£1,707	4
2011	£98,500	£1,342	2
2010	£112,399	£1,323	5
2009	£175,000	£2,035	1
2007	£131,599	£1,724	5
2006	£127,722	£1,766	9
2005	£133,606	£1,635	7
2004	£102,000	£1,314	3
2003	£109,000	£1,478	3
2002	£105,832	£1,527	3
2001	£72,249	£919	7
2000	£59,778	£838	7
1999	£43,214	£611	7
1998	£43,150	£562	7
1997	£46,474	£566	10
1996	£33,917	£292	3
1995	£34,250	£567	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,767		3
2021	£1,650		1
2019	£2,250	£21	1
2016	£8,900,000	£97,802	1

House Type in CM8 2PJ area

The most common house types in the CM8 2PJ postcode area are Terraced (80), Semi-detached (15), and Flat (7).

Total	103
Terraced	80
Semi-detached	15
Flat	7
Detached	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (32), and Owned: Owns with a mortgage or loan (30).

Social rented: Other social rented	32
Owned: Owns with a mortgage or loan	30
Owned: Owns outright	25
Social rented: Rents from council or Local Authority	7
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CM8 2PJ have 2 people in household (36), and 1 person in household (33).

2 people in household	36
1 person in household	33
3 people in household	15
4 people in household	12
5 people in household	4
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0