House prices in Braintree have gone down by an average of over £2,000 in the month of June, according to figures from the Land Registry.
The latest data from the government department reveals that in June 2022 average house prices in Braintree reached £340,753.
This was down from £342,955 in May, representing a 0.6 per cent decrease. In the last 12 months it has risen by 11.1 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Braintree here.
How much have house prices decreased in Braintree?
Breaking it down for specific types of housing, all prices saw a decrease.
- Detached houses - Down to £583,624 from £590,934 in May
- Semi-detached houses - Down to £354,144 from £356,005 in May
- Terraced houses - Down to £291,873 from £292,096 in May
- Flats - Down to £179,372 from £180,236 in May
How do Braintree house prices compare to the UK average?
Despite the fall in prices this month, Braintree is still above the UK average with a typical property value in the nations reaching £286,397 in June.
In cash terms, the average house price in June was £20,721 higher than a year earlier with house price growth accelerating to 7.8 per cent in June 2022. Prices were up by 1.0 per cent month on month.
How much could your house be worth?
We have created this map for the East of England so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Braintree are the most expensive for average house prices.
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