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Regional Property Market Update Autumn 2021: Essex, Norfolk and Suffolk

Posted on: Tuesday, September 7, 2021


Price growth strong across all regions

Annual property price growth in the East of England is significantly stronger than a year ago, as the shortage of property to buy continues to support prices. Agents across the region report the current sales to stock ratio remains high (RICS), with properties selling in just 35 days (Rightmove). 

Double-digit property price growth is evident in nine areas of Essex, Norfolk and Suffolk. North Norfolk and Great Yarmouth are currently the strongest performing areas. 

 

east_of_england_regional_activity in the property market

 

Surge in sales 

It is estimated 880,000 property sales took place across the UK in the first six months of 2021, the highest half year total ever recorded and 50% higher than the same period in 2019 (HMRC). It is anticipated sales will top 1.5 million over the course of the year. Buyers have been spurred on by a desire for change and financial savings as a result of taxation ‘holidays’, with over 60% paying no tax on their purchase. 

In Essex, Norfolk and Suffolk, the most active housing markets over the past year have been in Uttlesford and South Norfolk

 

East of UK Essex Norfolk Sussex Autumn regional property market report house price statistics UK

 

Space to be

The search for space continues to drive many buying decisions. As businesses adopt more flexible ways of working, blended working patterns are set to become the norm for many, and personal wellbeing has shot up the agenda. The local environment, gardens, greater internal square footage and a demarcated space to work from home, all continue to be deemed more important property features in a new home.

 

 

 

 

Properties for sale in the Essex, Norfolk and Suffolk regions of the UK

Roydon, Norfolk, 3 bedroom

Grade II Listed country cottage in Norfolk

This charming three-bedroom Grade II Listed cottage is set with a plot of 0.2 acres, providing off-road parking and a private rear garden, which is laid to lawn with patio area. Situated in the popular village of Roydon, which offers a primary school, a village hall and petrol station and a public house, this home is about one mile from Diss with its excellent transport links and amenities.

 

Harlow, Essex, 5 bedrooms

modernised family home in Harlow Essex

This spacious five-bedroom extended semi-detached home with off-street parking for several vehicles has been much loved and improved over the last eight Years. Ideal for family living, the property boasts a substantial 22-ft lounge and a modern open-plan kitchen-diner with a skylight, integral appliances and bi-folding doors opening out to the private rear garden.

 

Little Stonham, Suffolk, 6 bedrooms

large leafy family home for sale in Suffolk Little Stonham

Highfield House has been cleverly and sympathetically extended to create a detached Victorian property that provides stylish contemporary living, which combines perfectly with the original period character. The home features a spacious farmhouse kitchen and breakfast room, a wraparound conservatory and six good-sized bedrooms.

 

Contact us

Make the most of double-digit property price growth with the best estate agent in your area. Contact your local Guild Member today.

 

GET AN ONLINE VALUATION

 

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I would highly recommend Hardings Estate Agents. They have excellent knowledge of Windsor and the surrounding areas, and are extremely professional, responsive and courteous. I would not hesitate to using them again the future. I recently dealt with Milica who was instrumental in securing us our new home in Windsor as well as the sale of our existing property. She was a fab negotiator and a real pleasure to work with from beginning to end. Thank you!

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Hardings of Windsor managed our purchase with complete professionalism and went over and above in my opinion to manage the transaction and chain, resulting in a really smooth purchase. Milica at Hardings constantly provided timely updates and managed respective solicitors and the chain effectively, always responding quickly to queries. The whole transaction would not have happened without Milicas' focus on making all parties comfortable and satisfying all queries, not only professional but a delightful and welcoming personal approach that was a constant throughout. Thanks Hardings! Thanks Milica!

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Cath Powell

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Therese Jouini

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We recently purchased our new home with Hardings Estate Agents. The whole team there were very helpful and flexible with us, arranging viewings quickly on the same day. They were always quick to respond and if ever our point of contact was not there, the service did not change as they work well together as a team. We received a personalised service, which allowed the sale to proceed quickly. Thank you all and we recommend Hardings Estate Agents without hesitation.

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