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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

£432,215
£205,708

Average new build price achieved last 12 months

£497,034
£380,024

Average price per square foot

Resale
New builds
£419
£417
£343
£493

Average price change – all properties per square foot

1 year
5 years
10 years
0.7%
14.1%
42.2%
-0.8%
2%
24%
Total value, new homes sold herein the last 12 months£142m
Total value, new homes sold in East of England and England & Wales in the last 12 months£842m£10.65bn
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
23%
Terraced
6%
Flat/Apartment
20%
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