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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

£401,932
£198,950

Average new build price achieved last 12 months

£483,584
£276,180

Average price per square foot

Resale
New builds
£402
£400
£330
£382

Average price change – all properties per square foot

1 year
5 years
10 years
1.6%
18.1%
52.6%
-1.6%
4.1%
33.8%
Total value, new homes sold herein the last 12 months£385.8m
Total value, new homes sold in East of England and England & Wales in the last 12 months£1.4bn£12.92bn
Number of new homes built across ESSEX
33,977
6,795

Breakdown of new homes sales by property type

in the last 12 months

Detached
50%
Semi-detached
19%
Terraced
5%
Flat/Apartment
26%
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