The typical price 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 12 months in the past.
Within the South West in the meantime they common at the next £432,873, a discount of £33,120 from a 12 months 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 bold numbers of latest properties. Nevertheless, it stays prudent to make sure such houses are designed and constructed to ship real looking affordability and higher certainty relating to long run pricing tendencies.
“Whereas the worth of uncooked supplies and labour usually tendencies upwards over time, from a client viewpoint, it could actually seem puzzling to see such year-on-year worth fluctuations on new houses coming to the market.
“You will need to think about home pricing is influenced by many complicated metrics, which can embody the preliminary price of the land any such properties are constructed on, the sort 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 specific time, to credit score only a few issues.”
All through the entire of the UK directions for brand new construct houses coming to market stand at £442,281. This represents a £15,138 enhance from £427,143 in July 2025.
