Housing Market Analysis for THE DRIVE, CM8 3GX

Are you looking to understand CM8 3GX 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 3GX area, explore the CM8 3GX Area information page.
For comprehensive crime statistics in the CM8 3GX area, explore the CM8 3GX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM8 3GX postcode area, The average prices are as follows,

  • Detached
    • The average price is around £343,750 median price is £345,000 Standard Deviation is £68,773 with Total Sold: 4
    • The Last 5 Year average price is £405,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE FIRS THE DRIVE: £375,000 (Sold on 18 Mar 2021)
    • The first recorded sale happened at this postcode is THE FIRS THE DRIVE: £250,000 (Sold on 09 Sep 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average CM8 3GX 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
2021£375,000 £3,456 1
2020£435,000 £2,254 1
2015£315,000 £2,903 1
2010£250,000 £2,304 1

All the Sales in the THE DRIVE, CM8 3GX

See the table below for more details on the sold house prices in the CM8 3GX, Braintree postcode.

AddressSold DatePrice% Change
THE FIRS THE DRIVEDetached, FreeholdArea: 108.51 Sq.mtrAge: 1950-196618 Mar 2021£375,00019.05%
25 Sep 2015£315,00026.00%
09 Sep 2010£250,000First Sale
THE OLD CHAPEL THE DRIVEDetached, FreeholdArea: 193 Sq.mtrAge: before 190008 Dec 2020£435,000First Sale

Check out the sold house prices near the CM8 3GX postcode. Properties currently for saleProperties currently for rent

THE DRIVE, CM8 3GX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM8 3GX 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 3GX postcode.

  • Terraced
    • The average price is around £155,965 median price is £155,000 Standard Deviation is £82,066 with Total Sold: 23
    • The Last 5 Year average price is £263,375 with Total Sold: 4
    • The most recent sale happened at this postcode is 17, BROWNS ROW COTTAGES OAK ROAD: £325,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is 21, BROWNS ROW COTTAGES OAK ROAD: £46,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £168,426 median price is £164,000 Standard Deviation is £99,229 with Total Sold: 17
    • The Last 5 Year average price is £360,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 55 OAK ROAD: £330,000 (Sold on 19 Sep 2023)
    • The first recorded sale happened at this postcode is , 7 OAK ROAD: £87,000 (Sold on 01 Jul 1997)
  • Detached
    • The average price is around £256,749 median price is £236,500 Standard Deviation is £135,945 with Total Sold: 73
    • The Last 5 Year average price is £437,235 with Total Sold: 17
    • The most recent sale happened at this postcode is , 10 FOXDEN: £385,000 (Sold on 09 Mar 2023)
    • The first recorded sale happened at this postcode is , THE ACORNS OAK ROAD: £135,000 (Sold on 31 Jul 1995)
  • Other
    • The average price is around £750,000 median price is £750,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , BURGHEY BROOK FARM LONDON ROAD: £750,000 (Sold on 12 Sep 2018)
    • The first recorded sale happened at this postcode is , BURGHEY BROOK FARM LONDON ROAD: £750,000 (Sold on 12 Sep 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,0001
2020£253,5001
2019£237,5002
2017£249,667 £5,273 3
2015£192,5001
2014£202,000 £4,097 1
2013£155,0001
2012£165,0001
2004£163,0002
2002£127,000 £2,576 1
2001£90,667 £1,977 3
1999£69,250 £1,521 2
1998£57,350 £1,186 2
1995£46,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£330,000 £3,667 1
2022£390,000 £3,047 1
2010£132,500 £2,507 1
2007£236,665 £2,656 3
2006£188,5002
2005£175,000 £2,652 1
2004£175,000 £1,750 1
2003£123,7501
2001£122,0001
1999£74,500 £745 1
1998£64,0002
1997£62,750 £680 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£385,000 £4,326 1
2022£558,000 £3,739 3
2021£433,333 £3,750 9
2020£389,500 £3,060 2
2019£347,500 £3,233 2
2016£307,000 £2,766 1
2015£312,300 £2,499 5
2014£322,000 £2,328 3
2012£300,000 £2,256 1
2011£260,333 £2,255 3
2010£250,000 £2,304 1
2009£246,498 £2,115 2
2008£205,0001
2007£298,0003
2006£229,500 £2,097 3
2005£219,667 £1,915 3
2004£204,000 £1,838 1
2003£211,2502
2002£238,000 £1,624 2
2001£141,425 £1,360 4
2000£122,125 £1,216 4
1999£152,600 £1,031 5
1998£129,750 £1,281 4
1997£89,658 £715 6
1996£93,000 £612 1
1995£135,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£750,0001

House Type in CM8 3GX area

The most common house types in the CM8 3GX postcode area are Detached (93), Semi-detached (54), and Flat (38).

Total209
Detached93
Semi-detached54
Flat38
Terraced21
temporary structure3
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (83), and Owned: Owns outright (57).

Owned: Owns with a mortgage or loan83
Owned: Owns outright57
Social rented: Other social rented28
Shared ownership: Shared ownership24
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority6
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the CM8 3GX have 2 people in household (92), and 1 person in household (51).

2 people in household92
1 person in household51
4 people in household28
3 people in household25
5 people in household9
6 people in household3
8 or more people in household2
0 people in household0
7 people in household0