East of England property prices

The average property price in East of England region is £367k. The average price increased by £34.8k (10%) over the last twelve months. The price of an established property is £368k. The price of a newly built property is £350k. There were 78.4k property sales and sales dropped by 16.7% (-16.3k transactions). Most properties were sold in the £300k-£400k price range with 17538 (22.4%) properties sold, followed by £250k-£300k price range with 11563 (14.7%) properties sold.

June 2020 - May 2021

East of England region

England and Wales

£367k

average property price

£332k

average property price

10%

average price percentage change

10%

average price percentage change

£34.8k

average price change

£30.7k

average price change

East of England house prices map

This price map shows the average property price in a given county between June 2020 - May 2021. The most affordable place was 'Norfolk' with the average price of £284k. The most expensive place was 'Hertfordshire', £509k.

East of England house prices map

CountyAverage price % of East of England avg. price (£367k)
Bedfordshire£331k90%
Cambridgeshire£332k91%
Essex£378k103%
Hertfordshire£509k139%
Norfolk£284k77%
Suffolk£307k83%

East of England 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 June 2020 - May 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.

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

East of England house price rank

With the average price of £367k, East of England is the 3. most pricey region out of 10 England and Wales' regions.

East of England house price rank

East of England property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

East of England property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%22
£50k-£100k1.4%1.1k
£100k-£150k5.3%4.2k
£150k-£200k11.4%9.0k
£200k-£250k14.7%11.5k
£250k-£300k14.7%11.6k
£300k-£400k22.4%17.5k
£400k-£500k12.8%10.1k
£500k-£750k12.0%9.4k
£750k-£1M3.3%2.6k
over £1M1.9%1.5k

East of England cost comparison of new homes and older homes

June 2020 - May 2021

East of England cost comparison of new homes and older homes

£350k

A newly built property

£368k

An established property

East of England cost comparison of houses and flats

June 2020 - May 2021

East of England cost comparison of houses and flats

£498k

Detached

£215k

Flat

£346k

Semi-Detached

£294k

Terraced

East of England real house prices

Yearly average nominal house prices adjusted for inflation.

East of England real house prices

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

Yearly average nominal prices

East of England house prices

East of England house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

East of England house prices and nearby regions

Yearly average nominal prices

East of England house prices and nearby regions

East of England 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.

East of England house prices new vs established

East of England house prices by property type

Yearly average nominal prices

East of England house prices by property type

East of England house price to earnings ratio

The median property price to median earnings ratio in East of England is 9. Ie. East of England resident with middle-income needs 9 gross annual salaries to buy a medium-priced property. The England and Wales ratio was 7.7 in 2019.
East of England house price to earnings ratio history

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

Other reports for East of England region

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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