The average property value in Braintree is £343,642 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Braintree grew by £28,081. Compare house prices by area
Average property prices in Braintree grew by 8.9% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.4% per year.
If prices in Braintree continue to rise by 4.4% a year, the average property price will be £408,314 in 2025.
There were 2,522 property sales in Braintree in the year ending June 2021, an increase of 288 when compared to the previous year.
The average price for a house in Braintree ranges from £269,326 for a terraced house to £485,327 for a detached house, with semi-detached in between costing on average £315,557.
The average price for a flat or maisonette in Braintree is £172,152.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Braintree, terraced house prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.
Detached house prices have risen 39.6% from £347,746 to £485,327, semi-detached house prices have risen 59.2% from £198,176 to £315,557, terraced house prices have risen 63.2% from £165,017 to £269,326, and flat prices have risen 45.2% from £118,580 to £172,152.
Custom interactive dashboards built for your public or private sector business
Reports customised with your logo and company colour schemes
Get email notifications when new up-to-date data is added to your reports
Save your reports as PDFs or Word Docs
No upfront costs - we have affordable subscription plans
The most common type of property sold in Braintree during the year ending June 2021 was detached houses, which accounted for 32.4% of properties.
The least commonly available type of property sold in Braintree were flats, which account for 10.7% of properties sold.
Of the properties sold in Braintree during 2021, 1.8% were new build properties.
The average price paid for a new build property in Braintree was £48,200 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (67% of new build properties sold). For existing properties, the most common type is semi-detached houses (32% of existing properties sold).
The most common price band for property sales in Braintree is £200k - £300k, which accounted for 25.8% of properties sold in 2021.
0.4% of properties in Braintree had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Braintree were in the £50k - £100k price bracket, accounting for 0.3% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics