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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

£431,481
£204,897

Average new build price achieved last 12 months

£496,984
£380,157

Average price per square foot

Resale
New builds
£419
£414
£342
£476

Average price change – all properties per square foot

1 year
5 years
10 years
1%
14.6%
43.3%
-1.3%
1.3%
24.5%
Total value, new homes sold herein the last 12 months£137.1m
Total value, new homes sold in East of England and England & Wales in the last 12 months£776.6m£9.324bn
Number of new homes built across ESSEX
15,093
3,019

Breakdown of new homes sales by property type

in the last 12 months

Detached
51%
Semi-detached
25%
Terraced
5%
Flat/Apartment
19%
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