House prices in Braintree have gone down by an average of over £6,000 in the month of December, according to figures from the Land Registry.

The latest data from the government department reveals that in December 2022 average house prices in Braintree reached £355,857.

This was down from £362,520 in November, representing a 1.8 per cent decrease. In the last 12 months it has risen by 9.9 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 £613,040 from £624,191 in November
  • Semi-detached houses - Down to £370,160 from £377,173 in November
  • Terraced houses - Down to £303,475 from £309,726 in November
  • Flats - Down to £185,714 from £188,632 in November

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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 £294,329 in December.

In cash terms, the average house price in December was £26,214 higher than a year earlier with house price growth accelerating to 9.8 per cent in December 2022. Prices were down by -0.4 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.