Data from Propertymark has found that there was an overall decline in the average price of new instructions on newbuild properties across the UK when comparing April 2025 to April 2026.

It is important to note that the average price of a newbuild property across various areas across the UK can be influenced by aspects such as the precise location of any new development, the demands of the planning system, actual property type, plus aspects such as costs of both materials used and labour costs involved. 

The parts of the UK that saw reductions in the average price of new instructions on a newbuild property include Wales, the North West, the South East, the South West, and Yorkshire and Humberside.

The biggest decline in the average price of new instructions on a newbuild property was in Wales, where the pricing on available properties dropped from £385,488 in April 2025 to £365,789 in April 2026.

Elsewhere, the smallest reduction in the average price of new instructions on a newbuild property was in the South West, where it fell from £461,165.00 in April 2025 to £458,068.00 in April 2026.

However, the East Midlands, the East of England, London, the North East, and the West Midlands witnessed growth in the average price of new instructions on a newbuild property.

Finally, the lowest increase in the average price of new instructions on a newbuild property was in the Scotland, where it jumped from £362,919.00 in April 2025 to £368,011.00.

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 newbuild 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.”