House Prices in Essex

Types of property in Essex

The most common type of property sold in Essex during the year ending June 2021 was detached houses, which accounted for 35.8% of properties.

The least commonly available type of property sold in Essex were flats, which account for 11.5% of properties sold.

• Detached houses: 8,514 properties sold or 35.8%
• Semi-detached houses: 7,313 properties sold or 30.7%
• Terraced houses: 5,238 properties sold or 22.0%
• Flats: 2,742 properties sold or 11.5%

New build properties in Essex

Of the properties sold in Essex during 2021, 1.4% were new build properties.

The average price paid for a new build property in Essex was £12,916 lower than the average price paid for an existing property.

Of the new build properties sold, the most common type was detached houses (50% of new build properties sold). For existing properties, the most common type is detached houses (34% of existing properties sold).

House and flat price bands in Essex

The most common price band for property sales in Essex is £300k - £400k, which accounted for 19.1% of properties sold in 2021.

1.7% of properties in Essex 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 Essex were in the under £50k price bracket, accounting for 0.0% of sales.