Key indicators for buyers
The CM8 market is moderately favourable for buyers. Prices have softened (-11.9%), which could present a buying opportunity. Affordability has improved from a peak of 11.3x in 2021 to 9.2x today. Rising rents (£1,225/mo, +5.0%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Braintree area
A home in Braintree costs 9.2x the local median salary — stretched, improving from a peak of 11.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Braintree area
Average monthly rent in Braintree is £1,225, up 5.0% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Braintree price of £307,462 with a 25% deposit (£77k), a 2-year fixed mortgage at 3.97% costs around £1,213 per month.
Monthly cost comparison based on current data
Uses CM8 avg. price with Braintree rental data
Monthly mortgage payments (£1,213) are £12 less than renting (£1,225). However, buying requires an upfront deposit of £77k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
47, BUTCHER ROW CM8 1YR | Flat/Maisonette | £250,000 | 23 Jan 2026 |
87, ELDERBERRY GARDENS CM8 2PY | Flat/Maisonette | £175,000 | 23 Jan 2026 |
11, BROCK CLOSE CM8 1NS | Terraced | £270,000 | 16 Jan 2026 |
11, BROCK CLOSE CM8 1NS | Terraced | £270,000 | 16 Jan 2026 |
5, HUMBER ROAD CM8 1TG | Flat/Maisonette | £186,000 | 15 Jan 2026 |
37, HOWBRIDGE ROAD CM8 1BY | Semi-detached | £470,000 | 9 Jan 2026 |
41, SAXON DRIVE CM8 2HL | Detached | £442,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in CM8 sold for £307,462 in 2026, with a median of £305,000 across 13 transactions. Prices fell 11.9% compared to the previous year.
| 9 Jan 2026 |
45, PINKHAM DRIVE CM8 1DT | Terraced | £363,000 | 8 Jan 2026 |
22, ATLANTIC SQUARE CM8 2TL | Other | £270,000 | 8 Jan 2026 |
133, CRESSING ROAD CM8 2NW | Terraced | £318,000 | 7 Jan 2026 |
12, EPPING WAY CM8 1NQ | Terraced | £318,000 | 7 Jan 2026 |
157, HUMBER ROAD CM8 1TY | Terraced | £360,000 | 5 Jan 2026 |
3, ABRAHAM DRIVE, SILVER END CM8 3SP | Semi-detached | £305,000 | 2 Jan 2026 |
23, FOSTER COURT CM8 2TQ | Flat/Maisonette | £90,000 | 22 Dec 2025 |
100, DANIEL WAY, SILVER END CM8 3SS | Semi-detached | £380,000 | 22 Dec 2025 |
FLAT 17, HAMILTON COURT, TEMPLEMEAD CM8 2DF | Flat/Maisonette | £156,000 | 19 Dec 2025 |
158, CONSTANCE CLOSE CM8 1XZ | Semi-detached | £273,000 | 19 Dec 2025 |
72, MORTIMER WAY CM8 1UJ | Flat/Maisonette | £210,000 | 19 Dec 2025 |
14, COURT TWENTY CM8 2QF | Terraced | £290,000 | 19 Dec 2025 |
87, ARMOND ROAD CM8 2HB | Terraced | £395,000 | 18 Dec 2025 |
The most recent recorded sale in CM8 was a flat/maisonette property on Butcher Row for £250,000 in January 2026. Across the last 20 sales, the median price was £290,000.