The average property value in Fenland is £235,608 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 Fenland grew by £22,724. Compare house prices by area
Average property prices in Fenland grew by 10.7% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 5.1% per year.
If prices in Fenland continue to rise by 5.1% a year, the average property price will be £287,216 in 2025.
There were 1,571 property sales in Fenland in the year ending June 2021, an increase of 81 when compared to the previous year.
The average price for a house in Fenland ranges from £152,490 for a terraced house to £293,190 for a detached house, with semi-detached in between costing on average £185,450.
The average price for a flat or maisonette in Fenland is £110,600.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Fenland, detached house prices have risen the most between the years ending 2011 and 2021, and terraced house prices have grown the least.
Detached house prices have risen 65.3% from £177,342 to £293,190, semi-detached house prices have risen 56.9% from £118,208 to £185,450, terraced house prices have risen 46.9% from £103,808 to £152,490, and flat prices have risen 55.1% from £71,320 to £110,600.
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The most common type of property sold in Fenland during the year ending June 2021 was detached houses, which accounted for 53.4% of properties.
The least commonly available type of property sold in Fenland were flats, which account for 2.5% of properties sold.
Of the properties sold in Fenland during 2021, 1.8% were new build properties.
The average price paid for a new build property in Fenland was £33,511 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (75% of new build properties sold). For existing properties, the most common type is detached houses (51% of existing properties sold).
The most common price band for property sales in Fenland is £200k - £300k, which accounted for 24.6% of properties sold in 2021.
The cheapest properties in Fenland were in the £50k - £100k price bracket, accounting for 2.1% 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