House prices rise by up to 6%

Maldon and Burnham Standard: Tom Hamblin, Simon Putnam and Nathan Swain of Church and Hawes estate agents, Burnham Tom Hamblin, Simon Putnam and Nathan Swain of Church and Hawes estate agents, Burnham

Estate agents say a shortage in supply is continuing to drive house prices up in Burnham and sales.

Property analysts Hometrack said the rise for the CM9, area, which includes Maldon, Tollesbury, Tolleshunt D’Arcy and Tolleshunt Knights, was 4.2 per cent last year.

The figure for the CM0 area, which includes Southminster, Burnham, Bradwell, Dengie and Asheldham was 4.9 per cent, while the CM3 area, including Purleigh, North Fambridge, Cold Norton, Maylandsea and South Woodham Ferrers, saw a rise of 5.9 per cent.

The national average rise was 4.4 per cent.

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10:06am Fri 10 Jan 14

Opsiomath says...

Never sure if house price rises are good or bad news .. Depends if you're in negative equity or trying to get on the hosing ladder. But either way the story in this week's M&B paper has really misleading analysis and completely incorrect headlines. This blots the previously good record for factual reporting by the M&B and warrants a correction please.

Essex house prices went up by 5.3% on average, Burnham (CM0) went up by less at 4.9%, CM3 (a vast neighbouring area from Althorne stretching out to Hatfield Peveral, Great Leighs and Rettendon) rose 5.9%

I'm completely lost as how this translates into 'House prices in the Burnham area shot up by as much as 6%' . Perhaps a more accurate headline should be ' House Prices in Burnham and the Dengie area rise by slightly less than the county's average'
Never sure if house price rises are good or bad news .. Depends if you're in negative equity or trying to get on the hosing ladder. But either way the story in this week's M&B paper has really misleading analysis and completely incorrect headlines. This blots the previously good record for factual reporting by the M&B and warrants a correction please. Essex house prices went up by 5.3% on average, Burnham (CM0) went up by less at 4.9%, CM3 (a vast neighbouring area from Althorne stretching out to Hatfield Peveral, Great Leighs and Rettendon) rose 5.9% I'm completely lost as how this translates into 'House prices in the Burnham area shot up by as much as 6%' . Perhaps a more accurate headline should be ' House Prices in Burnham and the Dengie area rise by slightly less than the county's average' Opsiomath
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