The price of a newly built property is £469k in Essex county. The price increased by £52.0k (12%) over the last twelve months. The price of an established property is £391k. There were 554 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 159 (28.7%) properties sold, followed by £400k-£500k price range with 155 (28.0%) properties sold. Most new homes were sold in CM7 2, with 34 sold to date from February 2024 - January 2025.
February 2024 - January 2025 | Essex county | England & Wales |
---|---|---|
Average price of a new home | £469k | £377k |
Average price change | 12% £52.0k | -5% £-18.9k |
February 2024 - January 2025
New or established | Average price |
---|---|
█ A newly built property | £469k |
█ An established property | £391k |
February 2024 - January 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 February 2024 - January 2025. See also Essex property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 0.2% | 1 |
█ £150k-£200k | 2.5% | 14 |
█ £200k-£250k | 6.9% | 38 |
█ £250k-£300k | 6.5% | 36 |
█ £300k-£400k | 22.7% | 126 |
█ £400k-£500k | 28.0% | 155 |
█ £500k-£750k | 28.7% | 159 |
█ £750k-£1M | 3.1% | 17 |
█ over £1M | 1.4% | 8 |
February 2024 - January 2025
February 2024 - January 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