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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

£430,664
£203,445

Average new build price achieved last 12 months

£498,084
£422,156

Average price per square foot

Resale
New builds
£419
£409
£340
£502

Average price change – all properties per square foot

1 year
5 years
10 years
1.1%
14.8%
43.4%
-1.6%
0.9%
24%
Total value, new homes sold herein the last 12 months£114.2m
Total value, new homes sold in East of England and England & Wales in the last 12 months£685.7m£7.802bn
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
25%
Terraced
4%
Flat/Apartment
17%
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