As one of the most vibrant counties in the country, Essex has earned a reputation for its unique brand of culture and distinct personality. However, as anyone who lives in the area knows, this home county encapsulates a whole lot more.
With a population of around 1.4 million and located just north-east of London, Essex is an ideal location for commuters who work in the capital but want to retreat away from the busy city when the end of the working day arrives. With the county made up of historic towns and welcoming villages, it shouldn't be a surprise to learn that our Essex house auctions prove to be hugely popular.
Average House Price in Essex
While the valuation of a property very much depends on the part of the county you are looking in, you can expect a three-bedroom semi-detached house to be valued at around £370,000. If you were to view the same property in Basildon, the average price would be £250,000, more than doubling when you enter Upminster (£515,000).
As Essex is such a diverse and desirable area for residents, largely due to its proximity to London as well as its coastal regions, sellers have enjoyed good growth in house prices in recent years. Whether you are on the lookout for a project or a new family home, LetsBid’s Essex property auctions can help you to save on your next house.
Top Essex Attractions
Essex is packed with history and culture and there is no better place in the county for a great day out than Colchester. The former capital of Roman Britain, Colchester also claims to be the country’s oldest town. While not much remains of its Roman heritage, there are still several relics that have survived into the present day – these include fragments of the old town hall that have stood since roughly 80AD and the largest Roman theatre found in the UK.
As well as plenty of history, Essex also includes plenty of modern-day attractions where families can spend an enjoyable day out. Of course, the selection of beaches that can be found in the area also make for fantastic attractions – something that local residents never need asking twice to make full use of in the warmer months!
Demand for Essex Property
Essex is one of the most highly sought-after locations in the country, a fact which is reflected in the healthy growth in house prices over recent years. With towns and villages aplenty, there is ample opportunity to find the perfect property for you - but don’t expect listings to last for long.
Strong transportation links to major cities such as London, Norwich, Ipswich and Cambridge make the county one of the most desirable locations for professionals. On top of domestic travel, the region also houses two main airports, Stansted and Southend Airport, meaning that holidaymakers do not have far to travel to check in on the plane.
What Happens When You Agree on a Price?
As soon as you are registered, you can participate in any of LetsBid's Essex house auctions. And, what’s more, our registration process means that you won’t have to cut through endless red tape once a price has been agreed. All of the relevant checks will have already been made, meaning that the only thing you have to concern yourself with is getting the keys.
When a mutual agreement has been reached between the prospective buyer and a vetted estate agent, the property will be taken off the market for 28 days to allow the relevant arrangements to be made. Once the transaction has been completed, the keys are then handed over and you become the proud owner of a new house.