The price of a newly built property is £454k in Essex county. The price increased by £35.3k (8%) over the last twelve months. The price of an established property is £395k. There were 694 sales of newly build properties. Most new properties were sold in the £400k-£500k price range with 186 (26.8%) properties sold, followed by £500k-£750k price range with 185 (26.7%) properties sold. Most new homes were sold in CO12 4, with 41 sold to date from March 2024 - February 2025.
March 2024 - February 2025 | Essex county | England & Wales |
---|---|---|
Average price of a new home | £454k | £379k |
Average price change | 8% £35.3k | -4% £-17.8k |
March 2024 - February 2025
New or established | Average price |
---|---|
█ A newly built property | £454k |
█ An established property | £395k |
March 2024 - February 2025
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 March 2024 - February 2025. See also Essex property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 0.1% | 1 |
█ £150k-£200k | 3.5% | 24 |
█ £200k-£250k | 10.7% | 74 |
█ £250k-£300k | 6.3% | 44 |
█ £300k-£400k | 21.5% | 149 |
█ £400k-£500k | 26.8% | 186 |
█ £500k-£750k | 26.7% | 185 |
█ £750k-£1M | 3.2% | 22 |
█ over £1M | 1.3% | 9 |
March 2024 - February 2025
March 2024 - February 2025
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