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

£394,849
£196,785

Average new build price achieved last 12 months

£494,456
£266,618

Average price per square foot

Resale
New builds
£397
£399
£329
£391

Average price change – all properties per square foot

1 year
5 years
10 years
-0.8%
17.1%
57.6%
-4.5%
2.5%
38.1%
Total value, new homes sold herein the last 12 months£293.8m
Total value, new homes sold in East of England and England & Wales in the last 12 months£1.16bn£8.22bn
Number of new homes built across ESSEX
32,666
6,533

Breakdown of new homes sales by property type

in the last 12 months

Detached
50%
Semi-detached
22%
Terraced
7%
Flat/Apartment
21%