The price of a newly built property is £470k in Essex county. The price increased by £48.7k (12%) over the last twelve months. The price of an established property is £398k. There were 334 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 104 (31.1%) properties sold, followed by £400k-£500k price range with 94 (28.1%) properties sold. Most new homes were sold in CM15 8, with 34 sold to date from November 2022 - October 2023.
November 2022 - October 2023 | Essex county | England & Wales |
---|---|---|
Average price of a new home | £470k | £424k |
Average price change | 12% £48.7k | 13% £47.3k |
November 2022 - October 2023
New or established | Average price |
---|---|
█ A newly built property | £470k |
█ An established property | £398k |
November 2022 - October 2023
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 November 2022 - October 2023. See also Essex property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £150k-£200k | 0.6% | 2 |
█ £200k-£250k | 4.2% | 14 |
█ £250k-£300k | 8.7% | 29 |
█ £300k-£400k | 23.4% | 78 |
█ £400k-£500k | 28.1% | 94 |
█ £500k-£750k | 31.1% | 104 |
█ £750k-£1M | 3.6% | 12 |
█ over £1M | 0.3% | 1 |
November 2022 - October 2023
November 2022 - October 2023
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