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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

£432,554
£202,882

Average new build price achieved last 12 months

£532,020
£201,199

Average price per square foot

Resale
New builds
£421
£398
£337
£291

Average price change – all properties per square foot

1 year
5 years
10 years
0.7%
11.8%
36%
-2.7%
-2.8%
14.3%
Total value, new homes sold herein the last 12 months£87.96m
Total value, new homes sold in East of England and England & Wales in the last 12 months£468.2m£6.969bn
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
54%
Semi-detached
28%
Terraced
6%
Flat/Apartment
12%
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