East of England

Area Guide For East of England

London is the capital city of England and the United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its founding by the Romans, who named it Londinium. London's ancient core, the City of London, largely retains its square-mile mediaeval boundaries. Since at least the 19th century, the name London has also referred to the metropolis developed around this core. The bulk of this conurbation forms the London region and the Greater London administrative area, governed by the elected Mayor of London and the London Assembly. London is a leading global city, with strengths in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism and transport all contributing to its prominence. It is the world's leading financial centre alongside New York City and has the fifth-largest metropolitan area GDP in the world, and the largest in Europe (as of 2008). London has been described as a world cultural capital. It is the


East of England Map

Estimated Price: £298,749
Average Asking Price: £365,746
Price change in last one year: £25,941
Average Price Paid: £242,430
Average Rent Rates: £1,906


Property Prices Breakdown in East of England

Average Price for property in East of England is around £298,749 which varies based on type of property you are interested in and ranges from £426,935 for detached house to around £279,136 for semi-detached. Similarly terraced house is around £233,756 and a flat is worth £186,642. Values have been changing and have risen £1,578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,130 in last 6 months, £25,941 in last 1 year, £38,728 in last 2 years, £45,534 in last 3 years, £46,946 in last 4 years and £43,670 in last 5 years.

Currently average asking price of a property in East of England is around £365,746 based on approximately 98,286 properties for sale. Same is the case with rental options based on 191,033 properties up for rent, average asking rent is around £1,906 per month.

Estimated property value in East of England is £298,749. Average asking price is £365,746 while average price paid is £258,878 which is up by £25,941 and Avg. asking rent £1,906.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in East of England area. In last 1 year alone average price buyer paid is around £258,878 based on approximately 98,286 sales in East of England area alone. If you compare it to last 3 years sales of 284,413 properties where buyers paid around £246,812. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £242,430 for 453,940 and average amount paid for purchase of approx. 606,793 properties sold in last 7 years comes to about £237,539 per sale.


Properties For Sale in East of England


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £141,370, £158,208 for a 2 bedroom house, £227,243 for a 3 bedroom house, £409,622 for a 4 bedroom house and £705,693 for a 5 bedroom house. For a flat similarly the prices varies from £230,222 for a single bedroom to £324,190 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £820,675, £1,712,274 for a 4 bedroom flat and £2,880,701 for a 5 bedroom flat. To sum up the asking prices for properties in East of England it comes to around average £215,673 for 1 bedroom property, £234,585 for 2 bedroom, £273,125 for 3 bedroom, £432,678 for 4 bedroom and £732,905 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £722 for 1 bedroom to £841 for 2 bedrooms, £1,093 for 3 bedrooms, £1,753 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,173. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,661, £3,190 for 3 bedroom, £4,766 for 4 bedroom and around £5,540 for 5 bedroom flat. You should be generally be expecting around average £1,088 rent per month for single bedroom property, £1,407 for 2 bedroom, £1,713 for 3 bedroom, £2,180 for 4 bedroom and approximately £2,807 for a 5 bedroom property in East of England area.

Popular Houses in East of England

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in East of England

Areas in and around East of England