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Market Insights, Maldon

Market Insights, Maldon

Maldon is famous for its Sea Salt and beautiful promenade, however, it also exhibits a distinctive demographic profile with a population density of 1.7 residents per hectare, reflecting a lower density compared to the broader regional average. In 2021, the community supported a population of 42,360 residents, marking an 8.1% increase over the decade spanning from 2011 to 2021.

Demographically, Maldon presents noteworthy features, with 10.7% of its population falling within the 35 to 44 age range, below the regional average. Housing dynamics contribute to this uniqueness, with 26.4% of households comprising single occupants, while 36% accommodate families with children.

In summary, Maldon distinguishes itself with a discernible demographic composition, characterized by lower population density, a specific age distribution, and a strategic focus on key employment sectors. These factors contribute to Maldon’s unique identity within the broader regional context.

maldon

"We love that Maldon is steeped in history with settlements dating back to the Middle Bronze Age 3,500 years ago. The town is full of character with its local shops. Prom- enade Park is always full of energy, perfect for a family day out and unlike most Essex waterside towns it is easy to get around the region by accessing the nearby A12."

Neil McAninch, Sales Manager


Residential Sales Overview

Over the last 12 months the average sales price in Maldon was £372,688. The total value of sales was £165,483,547. 

10% of sales in the past 12 months were flats, achieving an average sales price of £178,230. Houses achieved an average price of £405,257. 

The highest value recorded by the Land Registry over the past 12 months was £510,000 for a flat and £1,950,000 for a house. 


Residential Lettings Overview

Over the last 12 months, the average rent achieved for homes let in Maldon was £1,067 per month. This is a +6% change on the previous
12 month period.

38% of homes let in the past 12 months were flats, achieving an average rental value of £874 per month. Houses achieved an average rent of £1,195 per month.

19% of renters are aged between 25 and 29.


Investment Overview

Located on the picturesque Blackwater Estuary in Essex, Maldon proves very popular as it offers easy access to the A12 and M25 whilst being set within a coastal environment. As more people move towards flexible working and living, Maldon has witnessed increased levels of migration primarily out of London by those seeking a coastal location whilst still offering effective commuting options especially into London. Positioned within 1.5 miles off the A414 there is also easy access to Chelmsford and the M25. Both Witham and Halfield Peveral railway stations, which are just over 7 miles away, offer direct links into London Liverpool Street in under 45 mins.

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AREA GUIDE

Guide to living
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Guide to living
in Maldon

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