Average House Prices in Essex (November 2025 Update)
Navigating the East of England Market: Stability and Local Resilience
Welcome to the Essex House Prices November 2025 update from Goldmanread Mortgages.
As the year draws to a close, the property market across Essex is demonstrating remarkable resilience, maintaining stability despite ongoing economic pressures. While national trends show a measured cooling, our local markets—from the commuter hubs of Chelmsford and Brentwood to the coastal communities of Southend-on-Sea and the busy towns like Braintree—continue to display distinct, robust dynamics.
For anyone looking to buy, sell, or remortgage in the region, understanding these local nuances is essential. In this comprehensive update, we provide the latest price averages and expert commentary from our owner, Clive Read, to help you make informed decisions this autumn.
Essex House Prices November 2025: Key Figures
The general trend for Essex in the final quarter of 2025 is one of steady, modest growth, slightly outperforming the national average in certain sectors. The county’s overall average property price over the last year sits around £422,996, marking a period of stability compared to the recent peak.
The market breakdown reveals significant variation based on property type and local authority:
| Property Type | Average Sold Price (Latest Data) | Primary Buyers |
| Detached Houses | Approx. £587,490 | Second-time movers, large family buyers |
| Semi-Detached Houses | Approx. £436,796 | Family buyers, those seeking more space |
| Terraced Houses | Approx. £386,644 | Mover market, established first-time buyers |
| Flats/Maisonettes | Approx. £230,818 | First-Time Buyers, investors, young professionals |
This data confirms that the semi-detached sector has been the most active, indicative of strong demand from growing families keen to secure better school catchment areas and local amenities across the county.
Local Hotspots: A Town-by-Town Breakdown
The term “Essex House Prices November 2025” covers a diverse geographic area. The market conditions in a London commuter belt town like Brentwood differ dramatically from those in North Essex.
Chelmsford: The Resilient City Market
As a key administrative and commuter city, Chelmsford has shown strong annual growth. The provisional average house price here is around £387,000.
Growth: Chelmsford saw a robust annual rise, outperforming the East of England regional average.
First-Time Buyers: The average price paid by first-time buyers in the city sits at approximately £306,000, heavily reliant on the flat and terraced property market.
Detached Homes: Detached properties command a premium, averaging close to £693,000.
Brentwood: High Value, Steady Pace
Brentwood remains one of the more expensive areas, with an average house price around £504,000.
Market Dynamics: While prices are high, the pace of annual growth has been slightly more subdued at roughly 1.9%, indicating that affordability pressures are keeping a lid on rapid increases.
The £900k+ Tier: Detached properties in this area are significantly valued, averaging around £949,000, catering to high-earning commuters and those seeking large family homes with excellent connectivity.
Braintree: Affordability and Momentum
For those seeking more value, areas like Braintree offer greater affordability while still showing strong momentum.
Average Price: The average house price in Braintree sits around £334,000, demonstrating one of the higher annual price growths in the region (around 6.0%).
First-Time Buyer Appeal: The average price for first-time buyers in Braintree is highly attractive at approximately £269,000, driven by the available stock of terraced homes and flats.
Southend-on-Sea & Westcliff: Coastal Opportunities
In Southend-on-Sea and our local area of Westcliff, the market is characterized by diverse property types, from Victorian terraces to modern seafront apartments. While overall price growth has been moderate, demand for properties with sea views remains consistently high, particularly among cash buyers and investors. This area often represents a more achievable entry point for London leavers.
Mortgage Broker Commentary: Why November is a Unique Opportunity
The market stabilization provides a strategic window for buyers and sellers, particularly as we approach the end-of-year figures.
Clive Read of Goldmanread Mortgages comments on affordability and rates:
“The overarching theme for Essex House Prices November 2025 is confidence rooted in stability. We’ve seen the Bank of England bring the base rate down, which has translated into better, more competitive mortgage deals. A client remortgaging an existing fixed rate deal this year is likely to secure a lower rate than they would have six months ago, with some of the best five-year fixed products now dipping below 4%.”
“For buyers, this easing of rates is the critical factor. Affordability, however, remains a persistent challenge, especially for those looking at the higher-value areas like Epping Forest or Maldon, where the house price-to-earnings ratio is acutely stretched.”
The First-Time Buyer Conundrum
Our conversations with first-time buyers in areas like Colchester and Basildon confirm the struggle is no longer just about interest rates, but accumulating the deposit and meeting stringent affordability checks.
Clive Read adds: “The biggest mistake we see is buyers starting their property search before truly understanding their borrowing capacity. They look at the average price in their dream town, let’s say a semi-detached in Rochford at £436k, and feel overwhelmed. Our job is to strip that back—to look at their credit profile, their income, and the entire spectrum of high Loan-to-Value (LTV) products available, including government schemes. Preparation is the key to unlocking these opportunities.”
The Remortgaging Boom
A significant portion of our work this autumn is dedicated to homeowners whose fixed-rate deals are expiring after the recent period of rate volatility.
Clive Read notes: “We are seeing a high volume of clients, especially in areas like Thurrock and Castle Point, needing to make a difficult choice between two-year and five-year fixed products. The decision hinges on their personal belief about the future direction of interest rates. We advise clients to start this conversation six months before their current deal expires to lock in the best rate and maintain control over their payments, avoiding the costly Standard Variable Rate (SVR) trap.”
Our November Outlook for the Essex Market
Looking ahead, we anticipate the following trends to shape the Essex market:
Continued Rate Competition: We expect lenders to remain competitive on fixed rates in a bid to capture a stable flow of business, benefiting buyers and remortgagers.
Affordability Driving Demand: Demand will remain strongest in the more affordable towns like Braintree and select parts of Southend, while the top-end market will continue to be price-sensitive.
The Impact of Policy: The upcoming government financial statement in November may introduce new wealth or property taxes, which typically causes a temporary pause in transaction activity, particularly for properties over the £500,000 mark. Committed buyers and sellers, however, tend to proceed regardless.
Local Expertise is Paramount: With diverse local authority trends, general national headlines are irrelevant. What is happening in Harlow or Uttlesford can be completely different, requiring bespoke, local advice.
For any financial decision regarding your home, from your first mortgage to remortgaging or buying a buy-to-let property, having an experienced, local Essex-based mortgage broker is your greatest advantage.
Contact Clive Read and the team at Goldmanread Mortgages today to review your options and secure your best deal in the current market.
