The average property value in Castle Point is £353,466 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 Castle Point grew by £28,551. Compare house prices by area
Average property prices in Castle Point grew by 8.8% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 5.3% per year.
If prices in Castle Point continue to rise by 5.3% a year, the average property price will be £434,795 in 2025.
There were 1,461 property sales in Castle Point in the year ending June 2021, an increase of 194 when compared to the previous year.
The average price for a house in Castle Point ranges from £282,084 for a terraced house to £426,385 for a detached house, with semi-detached in between costing on average £322,955.
The average price for a flat or maisonette in Castle Point is £200,156.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Castle Point, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 67.6% from £254,431 to £426,385, semi-detached house prices have risen 65.2% from £195,534 to £322,955, terraced house prices have risen 63.0% from £173,048 to £282,084, and flat prices have risen 48.8% from £134,491 to £200,156.
The most common type of property sold in Castle Point during the year ending June 2021 was semi-detached houses, which accounted for 42.2% of properties.
The least commonly available type of property sold in Castle Point were flats, which account for 7.3% of properties sold.
Of the properties sold in Castle Point during 2021, 0.4% were new build properties.
The average price paid for a new build property in Castle Point was £123,745 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (100% of new build properties sold). For existing properties, the most common type is semi-detached houses (43% of existing properties sold).
The most common price band for property sales in Castle Point is £300k - £400k, which accounted for 25.3% of properties sold in 2021.
0.2% of properties in Castle Point 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 Castle Point were in the £100k - £150k price bracket, accounting for 0.2% 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