The price of a newly built property is £449k in East of England region. The price increased by £35.1k (8%) over the last twelve months. The price of an established property is £384k. There were 1171 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 306 (26.1%) properties sold, followed by £500k-£750k price range with 296 (25.3%) properties sold. Most new homes were sold in Essex, with 350 sold to date from April 2023 - March 2024.
April 2023 - March 2024 | East of England region | England & Wales |
---|---|---|
Average price of a new home | £449k | £403k |
Average price change | 8% £35.1k | 5% £19.8k |
April 2023 - March 2024
New or established | Average price |
---|---|
█ A newly built property | £449k |
█ An established property | £384k |
April 2023 - March 2024
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Bedfordshire | 209 | 17.8% | |
Cambridgeshire | 184 | 15.7% | |
Essex | 350 | 29.9% | |
Hertfordshire | 169 | 14.4% | |
Norfolk | 136 | 11.6% | |
Suffolk | 123 | 10.5% |
shows a sales volume of new homes in a given price range between April 2023 - March 2024. See also East of England property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.3% | 3 |
█ £100k-£150k | 1.1% | 13 |
█ £150k-£200k | 2.0% | 24 |
█ £200k-£250k | 6.7% | 79 |
█ £250k-£300k | 11.3% | 132 |
█ £300k-£400k | 26.1% | 306 |
█ £400k-£500k | 20.5% | 240 |
█ £500k-£750k | 25.3% | 296 |
█ £750k-£1M | 4.7% | 55 |
█ over £1M | 2.0% | 23 |
April 2023 - March 2024
April 2023 - March 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year