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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

£429,492
£203,463

Average new build price achieved last 12 months

£505,363
£366,140

Average price per square foot

Resale
New builds
£418
£416
£340
£480

Average price change – all properties per square foot

1 year
5 years
10 years
0.2%
13.3%
40.4%
-2.2%
0.7%
21.2%
Total value, new homes sold herein the last 12 months£132.9m
Total value, new homes sold in East of England and England & Wales in the last 12 months£770.9m£10.25bn
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
49%
Semi-detached
24%
Terraced
6%
Flat/Apartment
22%
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