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Maldon House Prices Maldon House Prices

The average house price in Maldon is £311,576 using HM Land Registry data.

The average property price increased by £57,565 (17.83%) over the last 5 years and increased by £11,505 (3.12%) over the last 12 months.

Over the last year, there were 258 residential property sales – a decrease of 139 transactions (-53.88%) relative to the previous year. The majority of house sales (65) were in the £320,000 - £390,000 range. Then came properties in the £250,000 - £320,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,710 (-2%).

In April 2024, there were 58 new estate agency instructions, 37 agreed home sales and 26 property price reductions.

Postcodes Covered: CM9

5-Year Average Property Prices in Maldon

17.83%

Property prices in Maldon increased by 17.83% 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 Maldon Over the Last Year

3.12%

Property prices in Maldon increased by 3.12% 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.

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).

Property Market Heat Gauge for Maldon - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Maldon

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 Maldon

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 Maldon

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 Maldon since 1995

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

Recent Property Sales in Maldon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Markland Drive, Maldon, Essex, CM9 6UD£525,000£510,000-£15,00005 Jul 202312 Jan 2024191 Days
32 Ridgeway, Maldon, Essex, CM9 6UF£400,000£395,000-£5,00009 Oct 202321 Dec 202373 Days
12 Lindisfarne Court, Maldon, Essex, CM9 6UQ£395,000£390,000-£5,00028 Jun 202312 Dec 2023167 Days
59 Rowan Drive, Heybridge, Maldon, Essex, CM9 4BW£260,000£252,000-£8,00008 Sep 202311 Dec 202394 Days
Flat 49, Cooper Court, Spital Road, Maldon, Essex, CM9 6DU£180,000£165,000-£15,00001 Jun 202308 Dec 2023190 Days
33 Newnham Green, Maldon, Essex, CM9 6HZ£300,000£295,500-£4,50001 Aug 202330 Nov 2023121 Days
41 Gloucester Avenue, Maldon, Essex, CM9 6LA£300,000£300,000£0026 Jun 202330 Nov 2023157 Days
65 Holloway Road, Heybridge, Maldon, Essex, CM9 4SW£485,000£470,000-£15,00017 Jul 202324 Nov 2023130 Days
25 Butt Lane, Maldon, Essex, CM9 5HD£550,000£525,000-£25,00027 May 201417 Nov 20233461 Days
28 Coleridge Road, Maldon, Essex, CM9 6DH£330,000£315,000-£15,00007 Mar 202308 Nov 2023246 Days
21 Hall Road, Heybridge, Maldon, Essex, CM9 4QF£475,000£450,000-£25,00018 Jul 202301 Nov 2023106 Days
228 Fambridge Road, Maldon, Essex, CM9 6BJ£575,000£560,000-£15,00007 Jul 202327 Oct 2023112 Days
83 Wantz Road, Maldon, Essex, CM9 5DB£309,000£300,000-£9,00013 Jun 202327 Oct 2023136 Days
166 Fambridge Road, Maldon, Essex, CM9 6BH£335,000£335,000£0012 May 202325 Oct 2023166 Days
1 Samian Close, Heybridge, Maldon, Essex, CM9 4PQ£550,000£545,000-£5,00015 Mar 202313 Oct 2023212 Days
Flat 9, Cooper Court, Spital Road, Maldon, Essex, CM9 6DU£299,950£295,000-£4,95023 Apr 202112 Oct 2023902 Days
8 Kingfisher Close, Heybridge, Maldon, Essex, CM9 4UF£350,000£335,000-£15,00006 Apr 202310 Oct 2023187 Days
15 Battle Rise, Heybridge, Maldon, Essex, CM9 4PF£450,000£430,000-£20,00016 Aug 202206 Oct 2023416 Days
104 Mill Road, Maldon, Essex, CM9 5JA£475,000£475,000£0008 Jun 202304 Oct 2023118 Days
3a, Cromwell Hill, Maldon, Essex, CM9 4QD£750,000£730,000-£20,00026 Nov 202204 Oct 2023312 Days

Most Expensive Streets in Maldon

PostcodeStreetAreaAverageNo. of Sales
CM9 6PEFambridge RoadMaldon£795,8333
CM9 6HJBower GardensMaldon£760,0003
CM9 5QJBeeleigh RoadMaldon£755,0003
CM9 4QDCromwell HillMaldon£661,6005
CM9 6HPDykes ChaseMaldon£659,5004
CM9 6EASpital RoadMaldon£618,3333
CM9 6YRTintagel WayMaldon£617,6663
CM9 5LAMermaid WayMaldon£606,6663
CM9 4PHNorthey ViewHeybridge£595,0003
CM9 6GJSunderland AvenueMaldon£566,0003

Least Expensive Streets in Maldon

PostcodeStreetAreaAverageNo. of Sales
CM9 5AFBaker MewsMaldon£146,31519
CM9 5EGEmbassy CourtHigh Street, Maldon£180,58312
CM9 5EHOld Mill CloseMaldon£181,3128
CM9 4LTThe SquareHeybridge£186,1254
CM9 4ASWood RoadHeybridge£190,5004
CM9 5FTSt. Marys CourtMill Road£192,3333
CM9 5HAWantz HavenMaldon£193,90421
CM9 6FGFriars LaneMaldon£195,2504
CM9 4YPWagtail DriveHeybridge£195,80713
CM9 4UYWave Bridge CourtColchester Road£197,5006

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