Here are the country’s biggest hot spots for new builds

 

New research has revealed the country’s ten areas with the highest number of sales of newly built homes, with new-builds accounting for up to one third of all sales in some regions.

The list was put together by Zoopla and named Milton Keynes, close to London, as the UK’s hot spot for new build homes. According to the data, about one third of property sales in Milton Keynes over the past year involved a new-build home.

Crewe, a town close to Manchester, came in second place with a percentage of 29.6% of new build property sales over the same period of time.

Build-to-rent could deliver 240,000 new homes by 2030

When analysing the data, Zoopla found that those areas with a high percentage of new build home sales appear to have higher house prices overall. On average, property prices have increased by 30% in those areas where more than one quarter of home sales are new builds.

In comparison, the national average for property price growth only sits at 23% over the same period.

For the whole country, new housing sales account for one in ten property sales every year. The exact figures, however, vary significantly depending on the area.

These new figures are so powerful because they give a better understanding of the most popular areas for new homes outside of London and show that areas such as Milton Keynes and Crewe benefit from investment from developers and interest from buyers.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800

ba-

Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator

.

Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.

Login

Not a member? Sign up for free

Here are the country’s biggest hot spots for new builds

Here are the country’s biggest hot spots for new builds

Example

By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.