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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

£430,607
£204,260

Average new build price achieved last 12 months

£495,165
£333,068

Average price per square foot

Resale
New builds
£419
£397
£340
£474

Average price change – all properties per square foot

1 year
5 years
10 years
0.3%
12.5%
38.2%
-2.6%
-0.9%
17.8%
Total value, new homes sold herein the last 12 months£89.01m
Total value, new homes sold in East of England and England & Wales in the last 12 months£530.9m£8.245bn
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
26%
Terraced
8%
Flat/Apartment
18%
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