The price of a newly built property is £477k in Essex county. The price increased by £46.5k (11%) over the last twelve months. The price of an established property is £386k. There were 289 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 100 (34.6%) properties sold, followed by £400k-£500k price range with 87 (30.1%) properties sold. Most new homes were sold in CM7 2, with 28 sold to date from September 2023 - August 2024.
| September 2023 - August 2024 | Essex county | England & Wales |
|---|---|---|
| Average price of a new home | £477k | £371k |
Average price change | 11% £46.5k | -6% £-24.1k |
September 2023 - August 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £477k |
| █ An established property | £386k |
September 2023 - August 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 September 2023 - August 2024. See also Essex property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £200k-£250k | 1.7% | 5 |
| █ £250k-£300k | 5.5% | 16 |
| █ £300k-£400k | 25.6% | 74 |
| █ £400k-£500k | 30.1% | 87 |
| █ £500k-£750k | 34.6% | 100 |
| █ £750k-£1M | 2.1% | 6 |
| █ over £1M | 0.3% | 1 |
September 2023 - August 2024
September 2023 - August 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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