The average property price in South East region is £416k. The average price increased by £34.5k (9%) over the last twelve months. The price of an established property is £416k. The price of a newly built property is £411k. There were 97.6k property sales and sales dropped by 28.0% (-41.9k transactions). Most properties were sold in the £300k-£400k price range with 22832 (23.4%) properties sold, followed by £500k-£750k price range with 13937 (14.3%) properties sold.
March 2020 - February 2021
South East region
England and Wales
£416k
average property price
£320k
average property price
9%
average price percentage change
8%
average price percentage change
£34.5k
average price change
£22.6k
average price change
South East house prices map
This price map shows the average property price in a given county between March 2020 - February 2021. The most affordable place was 'Isle of Wight' with the average price of £275k. The most expensive place was 'Surrey', £589k.
County
Average price
% of South East avg. price (£416k)
Berkshire
£453k
109%
Buckinghamshire
£449k
108%
East Sussex
£380k
91%
Hampshire
£361k
87%
Isle of Wight
£275k
66%
Kent
£351k
85%
Oxfordshire
£450k
108%
Surrey
£589k
142%
West Sussex
£407k
98%
South East house prices compared to other regions
Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between March 2020 - February 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 region.
Average price percentage changeAverage property price
South East house price rank
With the average price of £416k, South East is the 2. most pricey region out of 10 England and Wales' regions.
South East property sales share by price range
shows a number of properties sold in a given price range between March 2020 - February 2021.
Property price range
Market share
Sales volumes
█ under £50k
0.0%
29
█ £50k-£100k
1.2%
1.2k
█ £100k-£150k
3.8%
3.7k
█ £150k-£200k
8.4%
8.2k
█ £200k-£250k
12.6%
12.3k
█ £250k-£300k
14.1%
13.8k
█ £300k-£400k
23.4%
22.8k
█ £400k-£500k
14.1%
13.7k
█ £500k-£750k
14.3%
13.9k
█ £750k-£1M
4.6%
4.5k
█ over £1M
3.6%
3.5k
South East cost comparison of new homes and older homes
March 2020 - February 2021
£411k
█ A newly built property
£416k
█ An established property
South East cost comparison of houses and flats
March 2020 - February 2021
£643k
█ Detached
£229k
█ Flat
£384k
█ Semi-Detached
£313k
█ Terraced
South East real house prices
Yearly average nominal house prices adjusted for inflation.
South East house prices compared to England & Wales' house prices
Yearly average nominal prices
South East house prices per square meter
Yearly average nominal prices per square meter.
South East house prices and nearby regions
Yearly average nominal prices
South East house prices new vs established
Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.
South East house prices by property type
Yearly average nominal prices
South East house price to earnings ratio
The median property price to median earnings ratio in South East is 9.7. Ie. South East resident with middle-income needs 9.7 gross annual salaries to buy a medium-priced property. The England and Wales ratio was 7.7 in 2019.
