South East property prices

The average property price in South East region is £416k. The average price increased by £34.5k (9%) over the last twelve months. The price of an established property is £416k. The price of a newly built property is £411k. There were 97.6k property sales and sales dropped by 28.0% (-41.9k transactions). Most properties were sold in the £300k-£400k price range with 22832 (23.4%) properties sold, followed by £500k-£750k price range with 13937 (14.3%) properties sold.

March 2020 - February 2021

South East region

England and Wales

£416k

average property price

£320k

average property price

9%

average price percentage change

8%

average price percentage change

£34.5k

average price change

£22.6k

average price change

South East house prices map

This price map shows the average property price in a given county between March 2020 - February 2021. The most affordable place was 'Isle of Wight' with the average price of £275k. The most expensive place was 'Surrey', £589k.

South East house prices map

CountyAverage price % of South East avg. price (£416k)
Berkshire£453k109%
Buckinghamshire£449k108%
East Sussex£380k91%
Hampshire£361k87%
Isle of Wight£275k66%
Kent£351k85%
Oxfordshire£450k108%
Surrey£589k142%
West Sussex£407k98%

South East house prices compared to other regions

Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between March 2020 - February 2021 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 region.

South East house prices compared to other regionsAverage price percentage change
Average property price

South East house price rank

With the average price of £416k, South East is the 2. most pricey region out of 10 England and Wales' regions.

South East house price rank

South East property sales share by price range

shows a number of properties sold in a given price range between March 2020 - February 2021.

South East property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%29
£50k-£100k1.2%1.2k
£100k-£150k3.8%3.7k
£150k-£200k8.4%8.2k
£200k-£250k12.6%12.3k
£250k-£300k14.1%13.8k
£300k-£400k23.4%22.8k
£400k-£500k14.1%13.7k
£500k-£750k14.3%13.9k
£750k-£1M4.6%4.5k
over £1M3.6%3.5k

South East cost comparison of new homes and older homes

March 2020 - February 2021

South East cost comparison of new homes and older homes

£411k

A newly built property

£416k

An established property

South East cost comparison of houses and flats

March 2020 - February 2021

South East cost comparison of houses and flats

£643k

Detached

£229k

Flat

£384k

Semi-Detached

£313k

Terraced

South East real house prices

Yearly average nominal house prices adjusted for inflation.

South East real house prices

South East house prices compared to England & Wales' house prices

Yearly average nominal prices

South East house prices

South East house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

South East house prices and nearby regions

Yearly average nominal prices

South East house prices and nearby regions

South East house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

South East house prices new vs established

South East house prices by property type

Yearly average nominal prices

South East house prices by property type

South East house price to earnings ratio

The median property price to median earnings ratio in South East is 9.7. Ie. South East resident with middle-income needs 9.7 gross annual salaries to buy a medium-priced property. The England and Wales ratio was 7.7 in 2019.
South East house price to earnings ratio history

RegionMedian house price to median salary ratio in 2019
East Midlands6.7
West Midlands6.9
England and Wales7.7
South West8.6
East of England9
South East9.7
London12.8

Other reports for South East region

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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