Essex property prices

The average property price in Essex county is £384k. The average price increased by £5.8k (2%) over the last twelve months. The price of an established property is £384k. The price of a newly built property is £400k. There were 25.0k property sales and sales increased by 2.6% (755 transactions). Most properties were sold in the £300k-£400k price range with 6837 (27.3%) properties sold, followed by £250k-£300k price range with 4115 (16.4%) properties sold.

April 2021 - March 2022

Essex county

England and Wales

£384k

average property price

£337k

average property price

2%

average price percentage change

1%

average price percentage change

£5.8k

average price change

£3.4k

average price change

Essex house prices map

This price map shows the average property price in a given postcode sector between April 2021 - March 2022. The most affordable place was 'CO15 2' with the average price of £174k. The most expensive place was 'CM16 4', £1.3M.

Essex house prices map

Essex house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between April 2021 - March 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Essex house prices compared to other countiesAverage price percentage change
Average property price

Essex house price rank

With the average price of £384k, Essex is the 9. most pricey county out of 55 England and Wales' counties.

Essex house price rank

Essex property sales share by price range

shows a number of properties sold in a given price range between April 2021 - March 2022.

Essex property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%3
£50k-£100k0.8%210
£100k-£150k3.4%855
£150k-£200k8.5%2.1k
£200k-£250k12.1%3.0k
£250k-£300k16.4%4.1k
£300k-£400k27.3%6.8k
£400k-£500k13.7%3.4k
£500k-£750k12.1%3.0k
£750k-£1M3.5%873
over £1M2.1%522

Essex cost comparison of new homes and older homes

April 2021 - March 2022

Essex cost comparison of new homes and older homes

£400k

A newly built property

£384k

An established property

Essex cost comparison of houses and flats

April 2021 - March 2022

Essex cost comparison of houses and flats

£562k

Detached

£222k

Flat

£378k

Semi-Detached

£316k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Essex real house prices

Yearly average nominal house prices adjusted for inflation.

Essex real house prices

Essex house prices

Yearly average nominal prices compared to England & Wales' house prices

Essex house prices

Essex house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Essex house prices per square meter

Essex house prices and nearby counties

Yearly average nominal prices

Essex house prices and nearby counties

Essex house prices by property type

Yearly average nominal prices

Essex house prices by property type

Essex house price to earnings ratio

The median property price to median earnings ratio is ranging between 8.2 in Colchester and 12.8 in Epping Forest. Ie. Colchester resident with middle-income needs 8.2 gross annual salaries to buy a medium-priced property. Resident in Epping Forest needs 12.8 annual salaries. The England and Wales ratio was 7.69 in 2020.
Essex house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
England and Wales7.69
Colchester8.2
Tendring8.3
Braintree8.6
Maldon8.6
Thurrock8.7
Southend-on-Sea8.9
Castle Point9
Basildon9.3
Rochford9.8
Chelmsford10
Brentwood10.2
Harlow10.2
Uttlesford11.2
Epping Forest12.8

Other reports for Essex county

house prices per square meter

new home prices

property transactions

salary and unemployment

energy costs

crime statistics

home energy certificates

home features

population statistics

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