Skip to main content Menu with new notification Skip to footer

Milton Keynes is Britain's new build capital

30th June 2017

  • Milton Keynes postal area has the highest proportion of new builds in Britain, outside of London
  • Five out of the top 10 areas for new build homes are in Southern England, three in The Midlands
  • Areas where more than a quarter of property sales are accounted for by new build have a six per cent higher property price growth rate than the national average
  • Milton Keynes is Britain’s top location for the highest concentration of new build properties*, outside of London, according to new data from Zoopla and Hometrack, with new homes accounting for over a third (33.2 per cent) of property sales.

    Zoopla analysed data from Hometrack to reveal which areas of Britain are home to the highest concentration of new build properties as a share of all property sales. The fast growing, ex new town of Milton Keynes is closely followed by Crewe (29.6 per cent), which joins Middlesbrough in Teeside as one of only two areas in Northern England to have made it into the top 10, and the Greater London town of Ilford (28.8 per cent) in third place.

    At the other end of the table, the Shetland village of Sandness has the smallest proportion of property sales accounted for by newly built properties, at only 0.5 per cent. The second lowest is Greater London’s Orpington, at 2.7 per cent, closely followed by the Scottish town of Dumfries with 2.9 per cent.

    Zoopla also looked at how property values have changed in areas with a higher proportion of new build housing. The data reveals that areas which have a new build concentration of 25% or more have grown in value on average by 29.7% over the past five years, six per cent above than the national average property price growth rate which stands at 23.6%.

    Regionally, the research also reveals that the highest concentration of new build homes are found in Southern England (five of the top 10) and The Midlands (three of the top 10), with only Crewe (29.6 per cent) and Middlesbrough (20.3 per cent) representing Northern England at the top of the table.

    Lawrence Hall, spokesperson for Zoopla comments: “New housing sales account for 1 in 10 property sales each year but this varies across the country. These new findings give us a useful overview of where new builds are most common around the country, outside of London. Clearly, areas such as Milton Keynes and Crewe are benefiting from new investment by developers. “While there is a correlation between a large proportion of new builds and higher property price growth, new homes are typically developed in areas of high demand, which has already contributed to a rise in property values.”

    Top 10 areas for new build concentration in Britain (excluding London)

    Ranking

    Location

    Change in property value since June 2012 (%)

    Change in property value since June 2012 (£)

    New build concentration percentage

    1

    MILTON KEYNES

    30.9%

    £74,941

    33.2%

    2

    CREWE

    22.6%

    £41,709

    29.6%

    3

    ILFORD

    42.2%

    £134,849

    28.8%

    4

    SALISBURY

    21.3%

    £59,759

    26.6%

    5

    GRAVESEND

    42.5%

    £105,119

    25.4%

    6

    TELFORD

    18.7%

    £30,612

    25.4%

    7

    OXFORD

    29.7%

    £95,123

    22.1%

    8

    MIDDLESBROUGH

    8.2%

    £11,029

    20.3%

    9

    SHREWSBURY

    19.9%

    £39,199

    20.1%

    10

    NORTHAMPTON

    29.1%

    £53,670

    20.0%

    Source, Hometrack March 2017 and Zoopla June 2017

    Bottom 10 areas for new build concentration in Britain (excluding London)

    Ranking

    Location

    Change in property value since June 2012 (%)

    Change in property value since June 2012 (£)

    New build concentration percentage

    1

    SANDNESS

    11.5%

    £13,456

    0.5%

    2

    ORPINGTON

    39.4%

    £151,420

    2.7%

    3

    DUMFRIES

    14.2%

    £18,957

    2.9%

    4

    HAWICK

    15.8%

    £24,211

    4.1%

    5

    BOURNEMOUTH

    25.8%

    £70,392

    4.1%

    6

    DUNDEE

    12.1%

    £16,450

    4.3%

    7

    BRECON

    14.7%

    £27,636

    4.8%

    8

    HEREFORD

    17.5%

    £39,251

    5.1%

    9

    CROYDON

    44.3%

    £132,657

    5.1%

    10

    BOLTON

    17.5%

    £24,369

    5.2%

    Source, Hometrack March 2017 and Zoopla June 2017

    - Ends -

    For further information, please contact Tim Vooght at pr@zoopla.co.uk or on 020 3872 5615.

    Notes to editors

    Zoopla is the UK's most comprehensive property website, focused on empowering users with the resources they need to make better-informed property decisions. We help consumers both find their next home and research the market by combining hundreds of thousands of property listings with market data, local information and community tools.

    At Zoopla we are fans of transparency and everything we do is aimed at making the market more efficient for both property consumers and advertisers alike. Zoopla has rapidly become the UK’s leading online destination for property consumers to search for homes and do their market research and the favoured online marketing partner for UK estate agents, letting agents and property developers.

    Launched in 2008, Zoopla has since been one of the fastest growing websites in the UK, now attracting over 40 million visits per month and we are proud to have collected numerous awards and accolades along the way, including being named one of the Top 10 UK Tech Companies (Guardian) and one of the Top 10 Most Innovative UK Companies (Smarta).

    Zoopla is part of Zoopla Limited which was founded in 2007.

    Zoopla Limited, The Cooperage, 5 Copper Row, London, SE1 2LH
    Registered in England and Wales with Company No. 09005884
    VAT Registration number: 191 2231 33
    Data Protection number: Z9972266

    Back to Press releases