House prices in Maldon have gone down by an average of over £100 in the month of February, according to figures from the Land Registry.
The latest data from the government department reveals that in February 2023 average house prices in Maldon reached £430,618.
This was down from £430,814 in January, representing a 0.0 per cent the same as. In the last 12 months it has risen by 11.8 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Maldon here.
How much have house prices decreased in Maldon?
Breaking it down for specific types of housing, some prices saw an increase despite the general fall.
- Detached houses - Up to £636,536 from £634,802 in January
- Semi-detached houses - Down to £389,606 from £390,768 in January
- Terraced houses - Down to £290,267 from £291,733 in January
- Flats - Down to £181,814 from £182,145 in January
How do Maldon house prices compare to the UK average?
Despite the fall in prices this month, Maldon is still well above the UK average with a typical property value in the nations reaching £287,506 in February.
In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 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 onto their website.
The above map can demonstrate which areas of Maldon are the most expensive for average house prices.
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