Essex property prices

The average property price in Essex county is £385k. The average price increased by £37.7k (11%) over the last twelve months. The price of an established property is £386k. The price of a newly built property is £350k. There were 25.9k property sales and sales increased by 5.4% (1.4k transactions). Most properties were sold in the £300k-£400k price range with 6928 (26.8%) properties sold, followed by £250k-£300k price range with 4180 (16.2%) properties sold.

September 2020 - August 2021

Essex county

England and Wales

£385k

average property price

£339k

average property price

11%

average price percentage change

12%

average price percentage change

£37.7k

average price change

£35.7k

average price change

Essex house prices map

This price map shows the average property price in a given postcode sector between September 2020 - August 2021. The most affordable place was 'CO15 2' with the average price of £156k. The most expensive place was 'CM15 8', £863k.

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 September 2020 - August 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 county.

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

Essex house price rank

With the average price of £385k, Essex is the 10. 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 September 2020 - August 2021.

Essex property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%5
£50k-£100k0.8%206
£100k-£150k3.3%843
£150k-£200k8.1%2.1k
£200k-£250k12.1%3.1k
£250k-£300k16.2%4.2k
£300k-£400k26.8%6.9k
£400k-£500k14.3%3.7k
£500k-£750k13.2%3.4k
£750k-£1M3.3%851
over £1M1.9%493

Essex cost comparison of new homes and older homes

September 2020 - August 2021

Essex cost comparison of new homes and older homes

£350k

A newly built property

£386k

An established property

Essex cost comparison of houses and flats

September 2020 - August 2021

Essex cost comparison of houses and flats

£541k

Detached

£211k

Flat

£371k

Semi-Detached

£310k

Terraced

Essex property price by number of rooms

The average nominal property price by number of rooms. Kitchen is included in the number of rooms.

Average price by number of rooms

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 8.3 in Tendring and 12 in Epping Forest. Ie. Tendring resident with middle-income needs 8.3 gross annual salaries to buy a medium-priced property. Resident in Epping Forest needs 12 annual salaries. The England and Wales ratio was 7.7 in 2019.
Essex house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Tendring8.3
Braintree8.7
Colchester8.8
Castle Point8.9
Rochford8.9
Basildon9
Southend-on-Sea9
Maldon9.1
Thurrock9.1
Brentwood9.9
Harlow10.3
Chelmsford10.7
Uttlesford11.6
Epping Forest12

Other reports for Essex county

house prices per square meter

new home prices

property transactions

crime statistics

energy costs

salary and unemployment

home features

home energy certificates

population statistics

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