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House Prices in East England

Area selected: East England
  • England and Wales
  • England
  • East
  • Bedford
  • Cambridgeshire
  • Central Bedfordshire
  • Essex
  • Hertfordshire
  • Luton
  • Norfolk
  • Peterborough
  • Southend-on-Sea
  • Suffolk
  • Thurrock
Home
Average property price
£371,529

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Stats Chart
Price growth
-3.1%

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Pricetags
Number of sales
78,073

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Property prices
Price growth
Number of sales
Area type
Region
Population
6,348,096
Average detached price
£540,903
Average semi-detached price
£359,648
Average terraced price
£302,790
Average flat price
£215,752

Property Prices in East England

The average property price paid in East England is £371,529 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in East England fell by £11,905. Compare house prices by area

Average property prices in East England fell by 3.1% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 4.8% per year.

If prices in East England continue to rise by 4.8% a year, the average property price will be £447,917 in 2025.

The most expensive property prices in East England are found in Hertfordshire, and the cheapest property prices are found in Peterborough.

There were 78,073 property sales in East England in the year ending June 2022, a decrease of 16,163 when compared to the previous year.

Average house and flat prices in East England

The average price for a house in East England ranges from £302,790 for a terraced house to £540,903 for a detached house, with semi-detached in between costing on average £359,648.

The average price for a flat or maisonette in East England is £215,752.

Compared to England's figures

  • East England's average property price of £371,529 is £29,232 higher than the £342,297 average property price in England. East England is the 3rd region (of 9 total) when ordered by average property price.
  • East England's average property price growth rate of -3.1% is 2.0% higher than the -5.1% average price growth rate for England. East England is the 4th region (of 9 total) when ordered by property price growth rate.

Price trends for small areas may be less statistically significant due to small sample sizes.

House and flat price trends in East England

Of the property types in East England, semi-detached house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.

Detached house prices have risen 62.5% from £332,953 to £540,903, semi-detached house prices have risen 66.6% from £215,899 to £359,648, terraced house prices have risen 63.4% from £185,351 to £302,790, and flat prices have risen 43.7% from £150,163 to £215,752.

Types of property in East England

The most common type of property sold in East England during the year ending June 2022 was terraced houses, which accounted for 26.3% of properties.

The least commonly available type of property sold in East England were flats, which account for 15.0% of properties sold.

  • Detached houses: 20,134 properties sold or 25.8%
  • Semi-detached houses: 20,308 properties sold or 26.0%
  • Terraced houses: 20,526 properties sold or 26.3%
  • Flats: 11,741 properties sold or 15.0%

New build properties in East England

Of the properties sold in East England during 2022, 2.2% were new build properties.

The average premium for a new build property in East England was £7,989 higher than the average price paid for an existing property.

Of the new build properties sold, the most common type was detached houses (43% of new build properties sold). For existing properties, the most common type is detached houses (36% of existing properties sold).

Home
Average rent
£962

Rental Market of East England Arrow Forward

Stats Chart
Crime rate (per 1,000 people)
7,551

East England Crime Arrow Forward

People
Population
6,348,096

East England population Arrow Forward

House and flat price bands in East England

The most common price band for property sales in East England is £200k - £300k, which accounted for 11.6% of properties sold in 2022.

0.4% of properties in East England had a price over £1 million. For comparison, in England, 1.7% of property sales were priced at over £1 million.

The cheapest properties in East England were in the under £50k price bracket, accounting for 0.0% of sales.

Cheapest house prices in East England

The cheapest property prices in East England are found in Peterborough, where the average cost of a property is £238,695. Between the years ending June 2021 and June 2022, property prices have changed by -3.6% in Peterborough (compared to -3.1% in East England)

Rank
Area
Average property price
YoY change in price
1 Peterborough
Unitary Authority
£238,695 -3.6%
2 Luton
Unitary Authority
£287,706 0.0%
3 Norfolk
County
£289,528 -2.6%
4 Suffolk
County
£312,308 -3.0%
5 Thurrock
Unitary Authority
£332,663 -1.2%
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Most expensive house prices in East England

The most expensive property prices in East England are found in Hertfordshire, where the average property price is £517,952. Between the years ending June 2021 and June 2022, property prices have changed by 0.0% in Hertfordshire (compared to -3.1% in East England)

Rank
Area
Average Property Price
YoY CHANGE in PRICE
1 Hertfordshire
County
£517,952 0.0%
2 Essex
County
£394,302 -2.7%
3 Cambridgeshire
County
£367,164 -3.4%
4 Southend-on-Sea
Unitary Authority
£364,679 -0.5%
5 Central Bedfordshire
Unitary Authority
£357,466 -3.5%
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Discover more

Areas near East England

Region
East Midlands
average house price £258,636
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Region
London
average house price £665,553
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Region
North East
average house price £188,434
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Region
North West
average house price £235,831
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Region
South East
average house price £441,486
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Region
South West
average house price £345,242
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Region
West Midlands
average house price £270,302
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Region
Yorkshire and the Humber
average house price £229,791
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Areas in East England

Local Authority
Bedford
average house price £345,023
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County
Cambridgeshire
average house price £380,000
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Local Authority
Central Bedfordshire
average house price £370,291
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County
Essex
average house price £405,365
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County
Hertfordshire
average house price £518,046
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Local Authority
Luton
average house price £287,579
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Local Authority
Peterborough
average house price £247,709
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Local Authority
Southend-on-Sea
average house price £366,616
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County
Suffolk
average house price £321,823
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Local Authority
Thurrock
average house price £336,567
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County
Norfolk
average house price £297,113
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics

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