The price of a newly built property is £460k in Essex county. The price increased by £35.4k (8%) over the last twelve months. The price of an established property is £387k. There were 449 sales of newly build properties. Most new properties were sold in the £400k-£500k price range with 147 (32.7%) properties sold, followed by £300k-£400k price range with 120 (26.7%) properties sold. Most new homes were sold in IG10 3, with 23 sold to date from December 2023 - November 2024.
December 2023 - November 2024 | Essex county | England & Wales |
---|---|---|
Average price of a new home | £460k | £377k |
Average price change | 8% £35.4k | -5% £-20.2k |
December 2023 - November 2024
New or established | Average price |
---|---|
█ A newly built property | £460k |
█ An established property | £387k |
December 2023 - November 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 December 2023 - November 2024. See also Essex property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 0.4% | 2 |
█ £150k-£200k | 2.0% | 9 |
█ £200k-£250k | 3.6% | 16 |
█ £250k-£300k | 6.2% | 28 |
█ £300k-£400k | 26.7% | 120 |
█ £400k-£500k | 32.7% | 147 |
█ £500k-£750k | 24.7% | 111 |
█ £750k-£1M | 2.4% | 11 |
█ over £1M | 1.1% | 5 |
December 2023 - November 2024
December 2023 - November 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