The average property value in Maldon is £388,457 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 Maldon grew by £26,527. Compare house prices by area
Average property prices in Maldon grew by 7.3% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.9% per year.
If prices in Maldon continue to rise by 4.9% a year, the average property price will be £470,829 in 2025.
There were 1,232 property sales in Maldon in the year ending June 2021, an increase of 237 when compared to the previous year.
The average price for a house in Maldon ranges from £265,907 for a terraced house to £492,939 for a detached house, with semi-detached in between costing on average £315,423.
The average price for a flat or maisonette in Maldon is £187,470.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Maldon, semi-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 53.6% from £320,961 to £492,939, semi-detached house prices have risen 55.2% from £203,283 to £315,423, terraced house prices have risen 55.1% from £171,408 to £265,907, and flat prices have risen 40.4% from £133,482 to £187,470.
The most common type of property sold in Maldon during the year ending June 2021 was detached houses, which accounted for 49.1% of properties.
The least commonly available type of property sold in Maldon were flats, which account for 4.1% of properties sold.
Of the properties sold in Maldon during 2021, 1.1% were new build properties.
The average price paid for a new build property in Maldon was £39,502 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (100% of new build properties sold). For existing properties, the most common type is detached houses (47% of existing properties sold).
The most common price band for property sales in Maldon is £200k - £300k, which accounted for 18.2% of properties sold in 2021.
1.1% of properties in Maldon 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 Maldon were in the under £50k price bracket, accounting for 0.1% 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