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Source: Land Registry, MHCLG, Census 2021, Dataloft Rental Market Analytics by PriceHubble

What’s happening in the prime ESSEX market?

Prime property price change

Price change calculated on a price per square foot basis
+0.4%
+12.8%
+38.7%

Homes sold in ESSEX

in the last 12 months

Total sales 14,428

How many homes were sold by price band?

74%
Less than
£500,000
23.6%
£500,000 –
£1 million
2.2%
£1 million –
£2 million
0.2%
Over
£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

£575,815
£418,287
£346,164
£207,611

Prime price achieved last 12 months

£970,552
£618,240
£487,508
£326,777

Renting in ESSEX

% of households
in the PRS*

16%
*Private rented sector

Average age
of renters

36
years

How much do
prime flats rent for?

£1,641
per month

How much do
prime houses rent for?

£2,402
per month

Prime rent price change

2.5%
33.6%
Price change calculated on a rent per square foot basis

Resident profile

How many

commute by car?
47%

How many

own their home?
69%

Who lives here?

One person
27%
Couple
16%
Family
40%
Sharer
16%