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
View trend
View trend
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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.
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.
Price trends for small areas may be less statistically significant due to small sample sizes.
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.
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.
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).
Rental Market of East England
East England Crime
East England population
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.
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% |
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% |
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