The average property price in South East region is £438k. The average price increased by £13.1k (3%) over the last twelve months. The price of an established property is £439k. The price of a newly built property is £414k. There were 120k property sales and sales dropped by 20.6% (-34.1k transactions). Most properties were sold in the £300k-£400k price range with 28224 (23.5%) properties sold, followed by £500k-£750k price range with 18056 (15.0%) properties sold.
South East region | England and Wales |
|---|---|
£438kaverage property price | £341kaverage property price |
3%average price percentage change | 2%average price percentage change |
£13.1kaverage price change | £7.4kaverage price change |
This price map shows the average property price in a given county between June 2021 - May 2022. The most affordable place was 'Isle of Wight' with the average price of £297k. The most expensive place was 'Surrey', £616k.
| County | Average price | % of South East avg. price (£438k) | |
|---|---|---|---|
| Berkshire | £470k | 107% | |
| Buckinghamshire | £480k | 109% | |
| East Sussex | £407k | 93% | |
| Hampshire | £375k | 86% | |
| Isle of Wight | £297k | 68% | |
| Kent | £375k | 86% | |
| Oxfordshire | £465k | 106% | |
| Surrey | £616k | 141% | |
| West Sussex | £426k | 97% | |
Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between June 2021 - May 2022 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 region.
Average price percentage changeWith the average price of £438k, South East is the 2. most pricey region out of 10 England and Wales' regions.
shows a number of properties sold in a given price range between June 2021 - May 2022.
| Property price range | Market share | Sales volumes |
|---|---|---|
| █ under £50k | 0.0% | 34 |
| █ £50k-£100k | 1.1% | 1.4k |
| █ £100k-£150k | 3.6% | 4.3k |
| █ £150k-£200k | 7.4% | 8.9k |
| █ £200k-£250k | 11.5% | 13.8k |
| █ £250k-£300k | 13.9% | 16.6k |
| █ £300k-£400k | 23.5% | 28.2k |
| █ £400k-£500k | 14.2% | 17.1k |
| █ £500k-£750k | 15.0% | 18.1k |
| █ £750k-£1M | 5.2% | 6.2k |
| █ over £1M | 4.5% | 5.3k |
June 2021 - May 2022
June 2021 - May 2022
Yearly average nominal house prices adjusted for inflation.
Yearly average nominal prices compared to England & Wales' house prices
Yearly average nominal price per square metre compared to England & Wales' house prices
Yearly average nominal prices
Yearly average nominal prices
| Region | Median house price to median salary ratio in 2020 |
|---|---|
| East Midlands | 6.7 |
| West Midlands | 6.8 |
| England and Wales | 7.69 |
| South West | 8.7 |
| East of England | 8.9 |
| South East | 9.6 |
| London | 12.5 |