House prices in Braintree have gone up by an average of over £1,000 in the month of August, according to figures from the Land Registry.
The latest data from the government department reveals that in August 2022 average house prices in Braintree reached £349,698.
This was up from £348,162 in July, representing a 0.4 per cent increase. In the last 12 months it has risen by 14.0 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 increased in Braintree?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £600,861 from £597,711 in July
- Semi-detached houses - Up to £363,390 from £362,090 in July
- Terraced houses - Up to £297,698 from £295,999 in July
- Flats - Up to £184,873 from £184,617 in July
How do Braintree house prices compare to the UK average?
Even when comparing Braintree to the picture across the UK, the area is above the UK average with a typical property value in the nations reaching £295,903 in August.
In cash terms, the average house price in August was £35,473 higher than a year earlier with house price growth accelerating to 13.6 per cent in August 2022. Prices were up by 0.9 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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