The common asking value for a newly listed newbuild house has climbed to £442,281 – an increase of £15,138 for the reason that summer season – based on Propertymark’s newest newbuild report. In July 2025, the determine sat at £427,143, highlighting the continued upward stress within the newbuild market in some a part of the nation, led by good points in London and the North West of England.
Nevertheless, another areas have seen costs fall sharply. Common home costs for brand new directions relating to newbuild properties being marketed within the South West have dropped by £33,120 when in comparison with a 12 months beforehand in October 2024, based on the info from Propertymark.
Moreover, Yorkshire and Humberside noticed a £33,104 drop throughout the identical interval for common home costs for directions referring to newbuild homes.
Affordability stays a problem for many individuals on the subject of shopping for a property.
With devolved administrations all through the UK specializing in their very own particular person housing targets, the Planning and Infrastructure Invoice goals to allow the constructing of 1.5 million new houses in England. Presently, this proposed laws is working its approach by way of the parliamentary course of, because it progresses in direction of turning into regulation.
With the upcoming Autumn Finances now firmly on the horizon and with hypothesis on a possible alternative relating to Stamp Obligation for these in England and Northern Eire, there’s a powerful risk for any various proposed tax framework to affect newbuild property costs throughout the forthcoming 12 months.
Common instruction value of newbuild properties and 12 months on 12 months change by particular person area.
Notice: Common new construct instruction costs for Northen Eire are usually not included this quarter, as a consequence of inadequate base information volumes.
| Oct-25 | Total Costs | Yr on Yr Change Value |
| Scotland | £371,855 | £17,145 |
| Wales | £381,914 | £4,682 |
| East Midlands | £378,423 | £15,959 |
| East of England | £523,344 | £21,165 |
| London (internal and outer London) | £819,800 | £102,685 |
| North East | £344,568 | £15,771 |
| North West | £372,622 | £61,404 |
| South East | £574,894 | £20,283 |
| South West | £432,873 | -£33,120 |
| West Midlands | £381,031 | £201 |
| Yorkshire and Humberside | £320,841 | -£33,104 |
Nathan Emerson, CEO at Propertymark, stated: “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, varied governments have made key pledges to construct formidable numbers of latest properties. Nevertheless, it stays prudent to make sure such houses are designed and constructed to ship lifelike affordability and higher certainty relating to long run pricing developments.
“Whereas the worth of uncooked supplies and labour typically developments upwards over time, from a client viewpoint, it may well seem puzzling to see such year-on-year value fluctuations on new houses coming to the market.
“You will need to think about 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 provision of base supplies at any explicit time, to credit score only a few issues.”
