The typical value of a brand new builds have dropped by round £33,000 in each the South West and Yorkshire and the Humberside – reflecting slower housing markets within the areas.
In Yorkshire new construct costs common at £320,841, £33,104 cheaper than a yr in the past.
Within the South West in the meantime they common at a better £432,873, a discount of £33,120 from a yr in the past.
The evaluation comes from Propertymark.
Nathan Emerson, its chief government, mentioned: “With an ever-growing inhabitants comes an outlined dedication to make sure there’s a sustainable combine of latest dwellings to maintain tempo with future demand.
“Throughout all nations, numerous governments have made key pledges to construct formidable numbers of latest properties. Nonetheless, it stays prudent to make sure such properties are designed and constructed to ship sensible affordability and higher certainty relating to long run pricing tendencies.
“Whereas the value of uncooked supplies and labour typically tendencies upwards over time, from a shopper viewpoint, it could seem puzzling to see such year-on-year worth fluctuations on new properties coming to the market.
“You will need to take into account home pricing is influenced by many advanced metrics, which can embrace the preliminary value of the land any such properties are constructed on, the kind of property being constructed, the price of design, and the intricacies of the planning approval course of, in addition to the supply of base supplies at any explicit time, to credit score only a few concerns.”
All through the entire of the UK directions for brand spanking new construct properties coming to market stand at £442,281. This represents a £15,138 improve from £427,143 in July 2025.
