Essex newly built property prices

The price of a newly built property is £484k in Essex county. The price increased by £67.2k (16%) over the last twelve months. The price of an established property is £388k. There were 434 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 128 (29.5%) properties sold, followed by £400k-£500k price range with 124 (28.6%) properties sold. Most new homes were sold in CM7 2, with 25 sold to date from January 2024 - December 2024.

January 2024 - December 2024Essex countyEngland & Wales
Average price of a new home£484k£381k

Average price change
16%
£67.2k
-4%
£-14.2k

Essex cost comparison of new homes and older homes

January 2024 - December 2024

Essex cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£484k
An established property£388k

Essex sales share of new homes and older homes

January 2024 - December 2024

Essex sales share of new homes and older homes

2.3%

A newly built property

434

97.7%

An established property

18.4k

18.8k

total sales volume

Essex map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Essex map of sales of new properties

Essex new home sales share by price range

shows a sales volume of new homes in a given price range between January 2024 - December 2024. See also Essex property sales reports.

Essex new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k0.5%2
£150k-£200k2.3%10
£200k-£250k3.2%14
£250k-£300k6.9%30
£300k-£400k23.5%102
£400k-£500k28.6%124
£500k-£750k29.5%128
£750k-£1M3.7%16
over £1M1.8%8

Essex cost comparison of new houses and new flats

January 2024 - December 2024

Essex cost comparison of new houses and new flats

£558k

Detached

£307k

Flat

£429k

Semi-Detached

£551k

Terraced

Essex sales share of new houses and new flats

January 2024 - December 2024

Essex sales share of new houses and new flats

52.1%

Detached

226

17.1%

Flat

74

24.0%

Semi-Detached

104

6.9%

Terraced

30

Essex real new home prices

Yearly average nominal house prices adjusted for inflation

Essex real new home prices

Essex new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Essex new home prices

Essex new home prices and nearby counties

Yearly average nominal prices

Essex new home prices and nearby counties

Essex house prices new vs established

Yearly average nominal prices

Essex house prices new vs established

Essex annual sales of new homes and older homes

Total sales volumes by year

Essex annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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