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