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Maldon, Essex, home prices rose 10% yearly, hitting £356,852, fueled by lower mortgage rates and buyer demand.
House prices in Maldon, Essex, rose 10% over the past year, reaching an average of £356,852, outpacing the UK’s 2.8% national increase.
The surge, driven by lower mortgage rates and eased borrowing rules, boosted buyer demand, particularly among first-time buyers.
Maldon’s historic charm, riverside location, and vibrant town center contributed to its strong performance.
While London boroughs saw the highest gains, the North East led regional growth with a 7.9% rise.
Detached homes averaged £479,132, and experts say improving financial conditions are offering hope despite rising prices.
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Maldon, Essex, los precios de las viviendas subieron un 10% anual, llegando a 356.852 libras, impulsados por menores tasas hipotecarias y la demanda de los compradores.