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Great Notley House Prices

The average house price in Great Notley is £422,600 using HM Land Registry data.

The average property price increased by £84,707 (21.97%) over the last 5 years and increased by £16,929 (3.73%) over the last 12 months.

Over the last year, there were 72 residential property sales – a decrease of 41 transactions (-56.94%) relative to the previous year. The majority of house sales (21) were in the £336,000 - £402,000 range. Then came properties in the £270,000 - £336,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion).

In April 2024, there were 19 new estate agency instructions, 11 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Great Notley

21.97%

Property prices in Great Notley increased by 21.97% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Great Notley Over the Last Year

3.73%

Property prices in Great Notley increased by 3.73% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Great Notley - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Great Notley

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Great Notley

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Great Notley

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Great Notley since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Great Notley area since 1995.

Recent Property Sales in Great Notley

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
23 Notley Green, Great Notley, Braintree, Essex, CM77 7US	£400,000	£400,000	£00	25 Apr 2023	12 Dec 2023	231 Days
68 Ellen Way, Great Notley, Braintree, Essex, CM77 7XG	£385,000	£375,000	-£10,000	14 Jul 2023	30 Nov 2023	139 Days
4 Mallard Close, Great Notley, Braintree, Essex, CM77 7YD	£500,000	£490,000	-£10,000	06 Mar 2023	28 Sep 2023	206 Days
19 Greenway Gardens, Braintree, Essex, CM77 7QB	£525,000	£525,000	£00	19 May 2023	05 Sep 2023	109 Days
27 Thresher Rise, Braintree, Essex, CM77 7WN	£410,000	£410,000	£00	15 Apr 2023	01 Sep 2023	139 Days
34 Windermere Drive, Great Notley, Braintree, Essex, CM77 7UA	£500,000	£480,000	-£20,000	21 Mar 2023	25 Aug 2023	157 Days
3 Notley Green, Great Notley, Braintree, Essex, CM77 7US	£600,000	£595,000	-£5,000	04 Apr 2023	17 Aug 2023	135 Days
5 Rydal Way, Great Notley, Braintree, Essex, CM77 7UG	£575,000	£550,100	-£24,900	05 May 2023	25 Jul 2023	81 Days
32 Millers Drive, Great Notley, Braintree, Essex, CM77 7FD	£170,000	£170,000	£00	27 Jan 2023	07 Jul 2023	161 Days
21 Thatchers Way, Great Notley, Braintree, Essex, CM77 7HB	£550,000	£540,000	-£10,000	19 Jan 2023	30 Jun 2023	162 Days
23 Derwent Way, Great Notley, Braintree, Essex, CM77 7UH	£475,000	£475,000	£00	17 Feb 2023	26 May 2023	98 Days
21 Pochard Way, Great Notley, Braintree, Essex, CM77 7WA	£400,000	£385,000	-£15,000	24 Oct 2022	26 May 2023	214 Days
90 Chestnut Avenue, Great Notley, Braintree, Essex, CM77 7YJ	£500,000	£490,000	-£10,000	15 Nov 2022	09 May 2023	175 Days
9 Coopers Crescent, Great Notley, Braintree, Essex, CM77 7DG	£375,000	£365,000	-£10,000	03 Dec 2022	21 Apr 2023	139 Days
24 Cut Hedge, Great Notley, Braintree, Essex, CM77 7QZ	£400,000	£395,000	-£5,000	11 Aug 2022	21 Apr 2023	253 Days
8 Burghley Close, Great Notley, Braintree, Essex, CM77 7WY	£475,000	£475,000	£00	18 Oct 2022	28 Mar 2023	161 Days
69 Skiddaw Close, Great Notley, Braintree, Essex, CM77 7UR	£340,000	£335,000	-£5,000	23 Nov 2022	10 Mar 2023	107 Days
42 Ridings Avenue, Great Notley, Braintree, Essex, CM77 7ZP	£360,000	£355,000	-£5,000	31 Aug 2022	24 Feb 2023	177 Days
62 Cuckoo Way, Great Notley, Braintree, Essex, CM77 7YG	£325,000	£320,000	-£5,000	18 Oct 2022	16 Feb 2023	121 Days
33 Cuckoo Way, Great Notley, Braintree, Essex, CM77 7WG	£500,000	£495,000	-£5,000	08 Jul 2022	09 Dec 2022	154 Days

Most Expensive Streets in Great Notley

Postcode	Street	Area	Average	No. of Sales
CM77 8QQ	London Road	Black Notley	£861,500	3
CM77 7XS	Petworth Close	Great Notley	£845,625	8
CM77 8PT	London Road	Braintree	£806,250	4
CM77 7QD	Queenborough Lane	Braintree	£764,312	8
CM77 7AQ	The Paddocks	Great Notley	£661,285	7
CM77 7ZY	Ickworth Close	Great Notley	£660,000	4
CM77 7PU	London Road	Braintree	£653,333	3
CM77 7AN	Bellgreen Gardens	Braintree	£616,249	4
CM77 7XU	Alverton Close	Great Notley	£592,500	3
CM77 7WX	Highclere Road	Great Notley	£585,000	4

Least Expensive Streets in Great Notley

Postcode	Street	Area	Average	No. of Sales
CM77 7TZ	Elder Field	Great Notley	£221,083	6
CM77 7JW	Stanstrete Field	Great Notley	£234,250	8
CM77 7WP	Stanstrete Field	Great Notley	£240,250	8
CM77 7XP	Ragley Close	Great Notley	£255,785	7
CM77 7PR	Stanstrete Field	Great Notley	£262,284	19
CM77 7XA	Langdale	Great Notley	£266,450	10
CM77 7WZ	Stanstrete Field	Great Notley	£277,333	3
CM77 7ZQ	Carpenters Drive	Great Notley	£279,666	3
CM77 7UX	Derwent Way	Great Notley	£302,333	6
CM77 7DG	Coopers Crescent	Great Notley	£309,833	3