Prime property price change
Price change calculated on a price per square foot basis
-1%
+16.2%
+50%
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Source: Land Registry, MHCLG, Census 2021, Dataloft Rental Market Analytics by PriceHubble
What’s happening in the prime ESSEX market?
Homes sold in ESSEX
in the last 12 months
Total sales 23,392
How many homes were sold by price band?
81%
Less than
£500,000
£500,000
17.4%
£500,000 –
£1 million
£1 million
1.5%
£1 million –
£2 million
£2 million
0.2%
Over
£2 million
£2 million
Comparing prime house prices with the whole market
By property type
Detached
Semi-detached
Terraced
Flat/Apartment
Average price achieved last 12 months
£501,856
£383,722
£329,503
£196,627
Prime price achieved last 12 months
£886,937
£565,112
£462,998
£311,113
Renting in ESSEX
% of households
in the PRS*
18%
*Private rented sector
Average age
of renters
36
years
How much do
prime flats rent for?
£1,586
per month
How much do
prime houses rent for?
£2,221
per month
Prime rent price change
2.5%
33.1%
Price change calculated on a rent per square foot basis
Resident profile
How many
commute by car?49%
How many
own their home?67%
Who lives here?
One person
28%
Couple
16%
Family
40%
Sharer
17%
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