The price of a newly built property is £425k in East of England region. The price increased by £12.0k (3%) over the last twelve months. The price of an established property is £382k. There were 1745 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 517 (29.6%) properties sold, followed by £400k-£500k price range with 419 (24.0%) properties sold. Most new homes were sold in Essex, with 431 sold to date from June 2023 - May 2024.
June 2023 - May 2024 | East of England region | England & Wales |
---|---|---|
Average price of a new home | £425k | £384k |
Average price change | 3% £12.0k | 0% £-1.9k |
June 2023 - May 2024
New or established | Average price |
---|---|
█ A newly built property | £425k |
█ An established property | £382k |
June 2023 - May 2024
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Bedfordshire | 264 | 15.1% | |
Cambridgeshire | 310 | 17.8% | |
Essex | 431 | 24.7% | |
Hertfordshire | 257 | 14.7% | |
Norfolk | 207 | 11.9% | |
Suffolk | 276 | 15.8% |
shows a sales volume of new homes in a given price range between June 2023 - May 2024. See also East of England property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.2% | 3 |
█ £100k-£150k | 1.1% | 20 |
█ £150k-£200k | 2.2% | 38 |
█ £200k-£250k | 8.2% | 143 |
█ £250k-£300k | 10.6% | 185 |
█ £300k-£400k | 29.6% | 517 |
█ £400k-£500k | 24.0% | 419 |
█ £500k-£750k | 19.5% | 340 |
█ £750k-£1M | 3.3% | 57 |
█ over £1M | 1.3% | 23 |
June 2023 - May 2024
June 2023 - May 2024
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