Rising demand and tight supply still define much of the UK property market. But in some towns and cities, the availability of new builds is quietly accelerating – creating fresh opportunities for buyers, landlords, and developers.
A recent analysis by buy-to-let insurance experts at Alan Boswell Group has revealed which locations have the highest share of new build sales in 2023–2024, and the findings could point to areas with strong growth potential, lower maintenance costs, and long-term investment appeal.
1. Banwell, North Somerset – 65.45% new build share
This quiet village of just over 3,000 residents tops the UK charts. Out of 275 property sales in 2023–24, 180 were new builds. Banwell’s growth reflects rising demand for rural living, where buyers can escape city prices without sacrificing quality or space.
2. Swanscombe, Kent – 55.41% new build share
Close to London but with more affordable prices, Swanscombe is booming. Out of 711 total sales, 394 were new builds – making it an attractive option for commuters, first-time buyers, and landlords seeking steady rental demand.
3. Arundel, West Sussex – 46.87% new build share
Best known for its historic charm and medieval castle, Arundel is now quietly building a modern housing market alongside its heritage properties.
Northern Ireland – 13.48% share of new build sales in 2024
Scotland – 10.57% share in 2023–24
These figures highlight areas where planning, demand, and development capacity are coming together.
On the other end of the scale, 207 UK towns and cities recorded 0% new build share in 2023–24.
Surprisingly, some larger areas also made this list:
Twickenham, London – 1,668 sales, none new builds
Southsea, Portsmouth – 2,029 sales, none new builds
Hebden Bridge, West Yorkshire – 463 sales, none new builds
In these areas, heritage protection, planning restrictions, or saturation of existing stock could be limiting new developments.
Even in high-demand cities, the share of new builds is relatively low:
Derby – 16.41% new build share
Liverpool – 12.59%
Manchester – 11.03%
London – just 8.62%
This mismatch between demand and supply suggests that prices in urban centres could continue to climb.
New builds can offer:
Lower maintenance costs (everything is new and under warranty)
Better energy efficiency (EPC A/B ratings)
Modern layouts that match today’s rental and lifestyle demands
In areas where new builds make up a significant share of the market, buyers may find more choice and potentially stronger long-term value.
Source: journalistic.org