Top new home builders

by Property118.com News Team

9:04 AM, 17th December 2019
About 12 months ago

Top new home builders

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Top new home builders

Stone Real Estate collected the latest annual results for 11 of the UK’s biggest housebuilders to see who was top of the pile when it comes to the delivery of homes within the sales market and who has stepped up their game the most compared to the previous year.

The most sales:

The latest results show that on an annual basis, Barratt’s tops the table with 17,579 completions over a 12 month period, with Persimmon hot on their heels with 16,449 properties sold. Taylor Wimpey takes the bronze with 14,933 homes sold while Bellway also hit a five-digit sales total with 10,307.

The largest increase:

However, while Countryside ranked sixth where total sales are concerned, the company did see the largest increase in sales compared to the previous year, up a tremendous 26.7%. Galliford Try enjoyed an annual increase of 7.8% in sales volume with Redrow (7.5%) and Bellway (6.9%) also seeing some of the biggest increases.

Highest average sold price:

When it comes to the price secured for their properties, Berkeley achieved the highest sold price at £725,000, with Crest Nicholson ranking second with an average sold price of £393,000.

Founder and CEO of Stone Real Estate, Michael Stone, said: “Despite ongoing market uncertainty and other issues to have impacted the new build sector over the last few years, the nation’s big housebuilders have continued to support the market with the delivery of new homes.
This has been vital in meeting the demand for housing from first-time buyers in particular and the consistently higher transaction levels and price growth achieved by the new build sector when compared to the traditional market is the proof in the pudding of the great work that has taken place.”

“It’s also great to see that regardless of size or reputation there is a great variety of names ranking in the top spots when it comes to the most sales, the most improved performances, and the highest sold prices, which this demonstrates the diversity of the sector and those within it.”

Ranked by the highest number of homes sold
Developer Number of homes sold / completions Average selling price
Barratt 17,579 £288,900
Persimmon 16,449 £215,563
Taylor Wimpey 14,933 £263,900
Bellway 10,307 £284,937
Redrow 5,718 £332,300
Countryside 4,295 £252,820
Galliford Try 4,193 £235,250
Bovis 3,759 £273,200
Berkeley 3,678 £725,000
Crest Nicholson 3,020 £393,000
McCarthy & Stone 2,134 £300,000
Ranked by the biggest increase in the number of homes sold
Developer Change / growth % – number of homes sold / completions
Countryside 26.7%
Galliford Try 7.8%
Redrow 7.5%
Bellway 6.9%
Bovis 3.1%
Crest Nicholson 2.9%
Taylor Wimpey 2.7%
Persimmon 2.5%
Barratt 1.1%
Berkeley -5.8%
McCarthy & Stone -7.3%
Ranked by the highest sold price
Developer Number of homes sold / completions Average selling price
Berkeley 3,678 £725,000
Crest Nicholson 3,020 £393,000
Redrow 5,718 £332,300
McCarthy & Stone 2,134 £300,000
Barratt 17,579 £288,900
Bellway 10,307 £284,937
Bovis 3,759 £273,200
Taylor Wimpey 14,933 £263,900
Countryside 4,295 £252,820
Galliford Try 4,193 £235,250
Persimmon 16,449 £215,563
*Data is based on company records for 2018 performance and change compared to 2017 as the latest full data sets available.
Sources
Persimmon Link
Bovis Link
Bellway Link
Taylor Wimpey Link
Barratt Link
Countryside Link
Crest Nicholson Link
Redrow Link
Berkeley Link
Galliford Try Link
McCarthy & Stone Link

 


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Comments

David Lawrenson

16:07 PM, 18th December 2019
About 12 months ago

Most of the big house builders have done very well out of Help to Buy, or as the likes of Neil Collins in the FT call it, "Help to Buy House Builder Director Yachts"

It may be hard to switch off Help to Buy type schemes, which many dub the crack cocaine of the housing market.

If the new government is serious about helping the more disadvantaged in society, maybe there are more deserving repositories for cash than this. We shall see.

David Lawrenson
http://www.LettingFocus.com
Independent Advice on the PRS


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