These are Britain’s current new-build hotspots for homebuyers

July 8, 2020

Over the last year, 12% of all property transactions in Britain have been new-build homes, but in Britain’s new-build homebuyer hotspots they account for as much as 46% of sales.

Research from property developer, StripeHomes, analysed property transaction figures from the Land Registry to reveal which areas have been home to the highest level of new-build sales as a percentage of all transactions.

Regionally, the North East, London and the East of England are Britain’s new-build homebuyer hotspots, with 14% of all property transactions accounting for brand new homes.

However, the London Borough of Tower Hamlets ranks as Britain’s hottest spot for new-build property sales. Over the last year, a massive 46% of transactions in the borough have been new build homes.

Greenwich is the nation’s second-hottest spot for new-build transactions, with new-build homes accounting for 32% of all sales in the last year.

East Lothian, Vale of White Horse, Wokingham and South Derbyshire have also seen 30% or more property transactions attributed to the new-build sector.

Hackney, Harborough, Bracknell Forest and Cherwell also rank within the top 10.

Gosport has seen the lowest level of new-build transactions as a percentage of all transactions. Just 0.16% of sales in the last year were new-build homes. Blaenau Gwent, Hastings, Portsmouth and the Western Isles also saw less than one per cent of sales attributed to the new-build sector.

Number of new-build sales as a percentage of total sales nationally
Location
New Build Sales ( 12 Months)
Existing Sales ( 12 Months)
Total Sales (12 Months)
New Build as a % of Total
England
100,129
690,606
790,735
13%
Scotland
12,250
89,531
101,781
12%
Wales
3,449
42,240
45,689
8%
Great Britain
115,828
822,377
938,205
12%
Number of new-build sales as a percentage of total sales regionally
Location
New Build Sales ( 12 Months)
Existing Sales ( 12 Months)
Total Sales (12 Months)
New Build as a % of Total
East Midlands
10,002
65,145
75,147
13%
East of England
12,837
80,433
93,270
14%
London
11,464
70,934
82,398
14%
North East
5,447
33,071
38,518
14%
North West
13,598
96,987
110,585
12%
South East
17,323
117,457
134,780
13%
South West
10,457
81,886
92,343
11%
West Midlands Region
9,963
71,259
81,222
12%
Yorkshire and The Humber
9,038
73,434
82,472
11%
Areas with the highest number of new-build sales as a percentage of total sales
Location
New Build Sales ( 12 Months)
Existing Sales ( 12 Months)
Total Sales (12 Months)
New Build as a % of Total
Tower Hamlets
1,418
1,692
3,110
46%
Greenwich
1,006
2,144
3,150
32%
East Lothian
746
1,662
2,408
31%
Vale of White Horse
679
1,585
2,264
30%
Wokingham
842
1,997
2,839
30%
South Derbyshire
673
1,598
2,271
30%
Hackney
640
1,607
2,247
28%
Harborough
463
1,176
1,639
28%
Bracknell Forest
640
1,632
2,272
28%
Cherwell
680
1,750
2,430
28%
Rugby
586
1,532
2,118
28%
Newham
531
1,433
1,964
27%
Salford
1,172
3,203
4,375
27%
Central Bedfordshire
1,350
3,774
5,124
26%
Corby
331
938
1,269
26%
Areas with the lowest number of new-build sales as a percentage of total sales
Location
New Build Sales ( 12 Months)
Existing Sales ( 12 Months)
Total Sales (12 Months)
New Build as a % of Total
Gosport
2
1,282
1,284
0.16%
Blaenau Gwent
3
893
896
0.33%
Hastings
9
1,468
1,477
0.61%
Portsmouth
23
2,681
2,704
0.85%
Na h-Eileanan Siar
3
331
334
0.90%
Castle Point
16
1,349
1,365
1%
Thanet
34
2,203
2,237
2%
Ceredigion
15
969
984
2%
Brighton and Hove
64
3,569
3,633
2%
Southend-on-Sea
55
2,618
2,673
2%
Wyre Forest
31
1,456
1,487
2%
Rhondda Cynon Taf
79
3,372
3,451
2%
Rossendale
28
1,144
1,172
2%
Worcester
38
1,473
1,511
3%
Woking
33
1,279
1,312
3%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Estate Agent Talk

How Technology is Changing the Prime Property Viewing Experience

The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More →
Love or Hate Rightmove
Breaking News

Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate

The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More →
Overseas Property

How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas

Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More →
Breaking News

Foxtons Lettings Market Index – March 2025

London rental market gains momentum as new rental listings surge, Foxtons data shows   March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More →
Breaking News

UK’s mid-market firms show improved business growth in March but economic uncertainty continues

Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months   Mid-market businesses continued to outperform the wider UK economy in March,…
Read More →
Breaking News

ONS Private rent and house prices UK – April 2025

The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More →