The price of a newly built property is £471k in Essex county. The price increased by £50.6k (12%) over the last twelve months. The price of an established property is £385k. There were 313 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 100 (31.9%) properties sold, followed by £400k-£500k price range with 98 (31.3%) properties sold. Most new homes were sold in CM7 2, with 25 sold to date from October 2023 - September 2024.
October 2023 - September 2024 | Essex county | England & Wales |
---|---|---|
Average price of a new home | £471k | £373k |
Average price change | 12% £50.6k | -5% £-20.3k |
October 2023 - September 2024
New or established | Average price |
---|---|
█ A newly built property | £471k |
█ An established property | £385k |
October 2023 - September 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between October 2023 - September 2024. See also Essex property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £150k-£200k | 1.6% | 5 |
█ £200k-£250k | 1.0% | 3 |
█ £250k-£300k | 5.1% | 16 |
█ £300k-£400k | 25.9% | 81 |
█ £400k-£500k | 31.3% | 98 |
█ £500k-£750k | 31.9% | 100 |
█ £750k-£1M | 2.2% | 7 |
█ over £1M | 1.0% | 3 |
October 2023 - September 2024
October 2023 - September 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