Are houses in Essex expensive?

Essex has always been known as a great place to live especially if you live in London and want to move out and be nearer the coast. While it doesn't fall into the most affordable place to live in the UK, with a great mix of properties and areas it really has something for everyone.

From Colchester with its rich history, zoo and stunning villages to beach life in Clacton-on-Sea a popular resort in the summer months, Essex seems to have everything and more for living and working.

An approximate house in main residential areas is £500k+ many sitting at £600k sale price but the county has a good mix of properties to suit every budget which is another great benefit.

*https://www.essexlive.news/news/essex-news/essex-house-prices-map-shows-4972438

The Southend and Colchester postcodes have seen a 35 per cent increase in the prices homes sold for.
- https://www.essexlive.news/

For further information this is taken from Rightmove's Essex Property Page: (https://www.rightmove.co.uk/house-prices-in-Essex.html)

The majority of sales in Essex during the last year were semi-detached properties, selling for an average price of £387,275. Terraced properties sold for an average of £337,949, with detached properties fetching £530,840.

Essex, with an overall average price of £386,185 was more expensive than nearby Suffolk (£300,344) and Cambridgeshire (£329,544), but was cheaper than Hertfordshire (£507,662). The most expensive area within Essex was Ramsden Bellhouse (£1,270,000) and the cheapest was Jaywick (£150,176).

Overall sold prices in Essex over the last year were 7% up on the previous year and 8% up on the 2018 level of £357,503.