The price of a newly built property is £453k in Essex county. The price increased by £23.1k (5%) over the last twelve months. The price of an established property is £389k. There were 431 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 126 (29.2%) properties sold, followed by £400k-£500k price range with 107 (24.8%) properties sold. Most new homes were sold in CM20 1, with 87 sold to date from June 2023 - May 2024.
June 2023 - May 2024 | Essex county | England & Wales |
---|---|---|
Average price of a new home | £453k | £384k |
Average price change | 5% £23.1k | 0% £-1.9k |
June 2023 - May 2024
New or established | Average price |
---|---|
█ A newly built property | £453k |
█ An established property | £389k |
June 2023 - May 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between June 2023 - May 2024. See also Essex property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.2% | 1 |
█ £100k-£150k | 0.5% | 2 |
█ £150k-£200k | 1.6% | 7 |
█ £200k-£250k | 5.8% | 25 |
█ £250k-£300k | 8.6% | 37 |
█ £300k-£400k | 24.8% | 107 |
█ £400k-£500k | 24.8% | 107 |
█ £500k-£750k | 29.2% | 126 |
█ £750k-£1M | 4.2% | 18 |
█ over £1M | 0.2% | 1 |
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