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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

£430,651
£204,358

Average new build price achieved last 12 months

£503,504
£374,342

Average price per square foot

Resale
New builds
£419
£400
£341
£482

Average price change – all properties per square foot

1 year
5 years
10 years
0.4%
13%
39.6%
-2.3%
0.3%
20.2%
Total value, new homes sold herein the last 12 months£89.39m
Total value, new homes sold in East of England and England & Wales in the last 12 months£546.3m£7.931bn
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
47%
Semi-detached
23%
Terraced
7%
Flat/Apartment
22%
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