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The East of England property market has remained moderately active over the past few months, with a notable spike in property sale volume observed in March 2025, likely driven by changes in stamp duty rates. Monthly sales have shown variability but overall maintain a stable pace compared to previous months. When compared to the last two years, the market reflects a steady level of buyer engagement with moderate fluctuations in prices and sale volumes, suggesting consistent demand in the region.
The most recent median house price in the East of England stands at approximately £262,000 as of May 2025, showing a modest increase of around 2% YoY compared to the same period last year. This indicates a gradual upward trend in property values, reflecting sustained buyer confidence and a balanced market with affordable pricing relative to historical levels.
Median house prices in the East of England vary by property type, with detached houses commanding the highest prices, often exceeding £400,000, followed by semi-detached houses and terraced houses, both with median prices broadly around £270,000 to £335,000. Flats tend to be the most affordable, with median prices generally under £200,000. Over the past year, detached and semi-detached houses have seen price growth in the range of 3-5% YoY, while flats and terraced houses have experienced more modest increases, indicating a healthy performance across all property segments.