The price of a newly built property is £455k in East of England region. The price increased by £45.4k (11%) over the last twelve months. The price of an established property is £384k. There were 1069 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 282 (26.4%) properties sold, followed by £300k-£400k price range with 273 (25.5%) properties sold. Most new homes were sold in Essex, with 333 sold to date from March 2023 - February 2024.
| March 2023 - February 2024 | East of England region | England & Wales |
|---|---|---|
| Average price of a new home | £455k | £431k |
Average price change | 11% £45.4k | 13% £50.0k |
March 2023 - February 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £455k |
| █ An established property | £384k |
March 2023 - February 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bedfordshire | 172 | 16.1% | |
| Cambridgeshire | 176 | 16.5% | |
| Essex | 333 | 31.2% | |
| Hertfordshire | 152 | 14.2% | |
| Norfolk | 102 | 9.5% | |
| Suffolk | 134 | 12.5% | |
shows a sales volume of new homes in a given price range between March 2023 - February 2024. See also East of England property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.4% | 4 |
| █ £100k-£150k | 1.5% | 16 |
| █ £150k-£200k | 2.7% | 29 |
| █ £200k-£250k | 6.3% | 67 |
| █ £250k-£300k | 10.9% | 116 |
| █ £300k-£400k | 25.5% | 273 |
| █ £400k-£500k | 18.8% | 201 |
| █ £500k-£750k | 26.4% | 282 |
| █ £750k-£1M | 5.4% | 58 |
| █ over £1M | 2.2% | 23 |
March 2023 - February 2024
March 2023 - February 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
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