New data from Propertymark shows mixed movement in the price of new build properties brought to market across the UK, with overall declines in several regions between April 2025 and April 2026.
Average prices for newly instructed new build homes fell in Wales, the North West, the South East, the South West, and Yorkshire and the Humber over the period.
Wales recorded the largest drop, with the average price falling from £385,488 in April 2025 to £365,789 in April 2026. The smallest decrease was seen in the South West, where prices edged down from £461,165 to £458,068.
Other parts of the UK moved in the opposite direction. The East Midlands, East of England, London, North East and West Midlands all saw increases in the average price of newbuild instructions.
Scotland recorded the smallest rise, with average prices increasing from £362,919 in April 2025 to £368,011 in April 2026.
Propertymark noted that average pricing can be influenced by a range of factors, including the location of developments, planning constraints, property mix, and changes in material and labour costs.
Nathan Emerson, CEO at Propertymark, said: “Differences in regional economy and levels of investment in both employment and infrastructure have been a key driver regarding house prices, and especially new build properties for many years. However, things have evolved in recent years, and this continues to impact house prices across the entire spectrum.
“We live in a very different world than only ten years ago. The home working revolution continues to reformat core requirements and demands from people regarding where they both aspire and can realistically choose to move to.
“Long gone is the defined need for many people to commit to a daily commute to a specific location to earn a living and now many people are enjoying the freedom of greater choice regarding their locality.
“Although it’s never possible to accurately predict the future in full, there is potential for further equalisation on newbuild pricing when compared regionally. As consumer habits and housing demand changes over time, we could see a subtle but relevant convergence on new build pricing down the line.”
| Apr-25 | Overall Prices |
| Scotland | £362,919.00 |
| Wales | £385,488.00 |
| East Midlands | £363,329.00 |
| East of England | £457,265.00 |
| London (inner and outer London) | £630,891.00 |
| North East | £322,519.00 |
| North West | £345,765.00 |
| South East | £538,942.00 |
| South West | £461,165.00 |
| West Midlands | £381,852.00 |
| Yorkshire and Humberside | £345,750.00 |
| Apr-26 | Overall Prices |
| Scotland | £368,011.00 |
| Wales | £365,789.00 |
| East Midlands | £363,329.00 |
| East of England | £515,041.00 |
| London (inner and outer London) | £685,677.00 |
| North East | £355,497.00 |
| North West | £339,056.00 |
| South East | £524,881.00 |
| South West | £458,068.00 |
| West Midlands | £397,694.00 |
| Yorkshire and Humberside | £334,915.00 |
