Housing Market Analysis for REDWOOD CLOSE, CM8 2PL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £170,846 median price is £185,000 Standard Deviation is £92,529 with Total Sold: 13
    • The Last 5 Year average price is £281,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 21 REDWOOD CLOSE: £325,000 (Sold on 01 Feb 2023)
    • The first recorded sale happened at this postcode is 13 REDWOOD CLOSE: £43,000 (Sold on 09 Nov 1995)
  • Semi-Detached
    • The average price is around £148,998 median price is £133,000 Standard Deviation is £86,477 with Total Sold: 3
    • The Last 5 Year average price is £262,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 REDWOOD CLOSE: £262,000 (Sold on 28 May 2020)
    • The first recorded sale happened at this postcode is 8 REDWOOD CLOSE: £51,995 (Sold on 23 May 1997)
  • Detached
    • The average price is around £114,995 median price is £114,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 REDWOOD CLOSE: £114,995 (Sold on 30 Sep 2002)
    • The first recorded sale happened at this postcode is 10 REDWOOD CLOSE: £114,995 (Sold on 30 Sep 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average CM8 2PL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£325,000 £3,963 1
2022£278,000 £3,610 1
2019£240,000 £2,857 1
2018£260,000 £3,333 1
2017£250,000 £3,049 1
2014£185,500 £2,380 2
2004£147,5001
2003£132,0001
1999£63,000 £788 2
1998£48,5001
1995£43,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£262,000 £2,977 1
2003£133,000 £1,511 1
1997£51,995 £591 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£114,995 £1,292 1

All the Sales in the REDWOOD CLOSE, CM8 2PL

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

AddressSold DatePrice% Change
21 REDWOOD CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-197501 Feb 2023£325,00030.00%
29 Sep 2017£250,000First Sale
16 REDWOOD CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197518 Feb 2022£278,000First Sale
8 REDWOOD CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196628 May 2020£262,00096.99%
12 Dec 2003£133,000155.79%
23 May 1997£51,995First Sale
26 REDWOOD CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197502 Sep 2019£240,000First Sale
6 REDWOOD CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-197518 Oct 2018£260,000First Sale
4 REDWOOD CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196607 Aug 2014£185,000193.65%
19 Feb 1999£63,000First Sale
15 REDWOOD CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-197509 May 2014£186,000First Sale
31 REDWOOD CLOSETerraced, Freehold28 May 2004£147,500First Sale
5 REDWOOD CLOSETerraced, Freehold13 Jun 2003£132,000109.52%
09 Jul 1999£63,000First Sale
10 REDWOOD CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1967-197530 Sep 2002£114,995First Sale
23 REDWOOD CLOSETerraced, Freehold11 Dec 1998£48,500First Sale
13 REDWOOD CLOSETerraced, Freehold09 Nov 1995£43,000First Sale

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

REDWOOD CLOSE, CM8 2PL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £169,437 median price is £158,748 Standard Deviation is £99,032 with Total Sold: 366
    • The Last 5 Year average price is £310,800 with Total Sold: 60
    • The most recent sale happened at this postcode is , 13 CRESSING ROAD: £365,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 49 CRESSING ROAD: £62,000 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £296,377 median price is £300,000 Standard Deviation is £192,484 with Total Sold: 141
    • The Last 5 Year average price is £427,021 with Total Sold: 42
    • 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 £156,637 median price is £147,000 Standard Deviation is £84,607 with Total Sold: 802
    • The Last 5 Year average price is £276,882 with Total Sold: 131
    • 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 £117,610 median price is £120,000 Standard Deviation is £61,897 with Total Sold: 127
    • The Last 5 Year average price is £211,967 with Total Sold: 15
    • The most recent sale happened at this postcode is 1, COURT THREE HEMINGWAY ROAD: £285,000 (Sold on 15 Dec 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,8333
2023£339,625 £3,913 8
2022£338,591 £3,994 11
2021£305,940 £3,901 17
2020£295,038 £3,362 13
2019£265,812 £3,925 8
2018£302,181 £3,779 19
2017£285,967 £3,327 16
2016£251,786 £3,077 7
2015£220,000 £2,782 8
2014£196,162 £2,641 8
2013£174,000 £2,439 6
2012£173,559 £2,287 8
2011£153,800 £2,031 10
2010£168,550 £1,895 10
2009£163,300 £1,835 5
2008£176,222 £2,091 9
2007£177,249 £2,407 12
2006£164,143 £1,948 14
2005£161,429 £2,432 7
2004£157,208 £1,830 19
2003£132,247 £1,475 16
2002£121,280 £1,353 16
2001£88,499 £976 13
2000£72,883 £761 19
1999£64,960 £854 24
1998£58,773 £883 24
1997£51,215 £567 12
1996£46,272 £583 11
1995£51,687 £799 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£490,0001
2023£433,749 £4,313 8
2022£458,354 £4,120 14
2021£395,711 £4,238 7
2020£381,598 £3,866 5
2019£411,426 £5,676 7
2018£385,551 £3,540 18
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£364,781 £2,322 8
2006£165,0001
2005£170,600 £2,440 5
2004£187,167 £1,589 3
2003£186,100 £1,615 5
2002£132,443 £1,373 9
2001£91,964 £1,162 7
2000£109,500 £802 3
1999£70,000 £911 2
1998£108,125 £695 8
1997£80,333 £780 3
1995£64,815 £734 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,1005
2023£295,417 £3,468 21
2022£294,514 £3,615 27
2021£261,488 £3,070 32
2020£278,666 £3,216 21
2019£252,634 £2,875 25
2018£253,064 £2,911 33
2017£244,388 £3,031 26
2016£228,833 £2,605 39
2015£203,420 £2,254 25
2014£186,251 £2,239 36
2013£162,320 £1,862 28
2012£155,073 £1,808 19
2011£146,421 £1,755 19
2010£149,174 £1,775 17
2009£134,800 £1,324 10
2008£160,295 £1,794 22
2007£149,420 £1,665 25
2006£143,922 £1,627 39
2005£136,758 £1,542 26
2004£134,500 £1,610 33
2003£119,302 £1,452 33
2002£104,553 £1,210 27
2001£77,280 £944 38
2000£65,477 £812 24
1999£58,092 £706 33
1998£54,773 £642 42
1997£43,932 £559 40
1996£44,962 £496 22
1995£44,873 £571 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£242,500 £2,858 4
2022£211,100 £3,206 5
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£132,999 £1,757 6
2006£127,950 £1,765 10
2005£133,606 £1,635 7
2004£126,667 £1,446 3
2003£109,000 £1,478 3
2002£104,999 £1,437 4
2001£68,332 £832 6
2000£59,778 £838 7
1999£43,214 £611 7
1998£43,150 £562 7
1997£45,886 £564 11
1996£47,475 £499 2
1995£34,250 £567 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,7673
2021£1,6501
2019£2,250 £21 1
2016£8,900,000 £97,802 1

House Type in CM8 2PL area

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

Total103
Terraced80
Semi-detached15
Flat7
Detached1
Shared house0
converted building0
commercial building0
temporary structure0

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 rented32
Owned: Owns with a mortgage or loan30
Owned: Owns outright25
Social rented: Rents from council or Local Authority7
Private rented: Private landlord or letting agency5
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

2 people in household36
1 person in household33
3 people in household15
4 people in household12
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0