powered by
Source: Land Registry, MHCLG, Census 2021

What’s happening in the new homes market in ESSEX?

Comparing new and resale house prices in ESSEX

By property type

Houses
Flats/Apartments

Average resale price achieved last 12 months

£392,808
£194,949

Average new build price achieved last 12 months

£480,626
£293,935

Average price per square foot

Resale
New builds
£396
£410
£327
£390

Average price change – all properties per square foot

1 year
5 years
10 years
-3.2%
16.9%
63.9%
-7.7%
1.3%
42.7%
Total value, new homes sold herein the last 12 months£177.1m
Total value, new homes sold in East of England and England & Wales in the last 12 months£884m£5.697bn
Number of new homes built across ESSEX
38,029
7,606

Breakdown of new homes sales by property type

in the last 12 months

Detached
51%
Semi-detached
22%
Terraced
5%
Flat/Apartment
22%
© Copyright Dataloft by PriceHubble 2024