Private Housebuilding Market Report - UK 2025-2029 - Barbour ABI Store

FAQs

|

Basket

|
Persona
|
Portal
<< Back

Private Housebuilding Market Report – UK 2025-2029

The 2nd edition of the Private Housebuilding Market Report – UK 2025-2029 focuses on the structure and size of the private residential construction market in the UK in terms of housing stock, as well as housebuilding targets, annual starts and completions, and challenges and so much more.

£1,499.00 Exc. VAT

Add to Basket
Download Report Sample
Download Report Sample

Private housing construction output in the UK decreased in 2024. This recent decline is attributed to weak affordability, which has dampened buyer demand, along with several supply-side challenges, including planning delays, regulatory burdens, and capacity constraints.

 

Despite these ongoing challenges, we forecast a gradual recovery in private housing construction. Medium-term growth is expected to be driven by government commitments to housing investment, improving economic conditions and affordability, planning reforms, and a long-term structural undersupply of housing.

 

Report Overview

The Private Housebuilding Market Report analyses all the key performance indicators driving the private residential construction market, including completions and starts, value output, new orders, housing planning applications and new home registrations.

 

This includes additional relevant information for new housing as a whole, including: net additional dwellings, planning applications and approvals, and EPC certificates granted.

 

Whilst more breadth of data is available in England, all available data is provided for Scotland, Wales and Northern Ireland.

 

Market Size

In 2024, new private housing construction activity in the UK saw a modest decline. The latest estimate for new private housing completions in Great Britain indicates that 133,286 new homes were completed in the year ending 31 March 2025, representing a decrease of 5.2% compared to the previous year.

 

Market Analysis

In the year ending 31 March 2025, the number of Energy Performance Certificates (EPCs) granted for new dwellings declined by 10% to 210,617. EPCs are a good indicator of the number of new homes because every property is required to have one within a few days of completion.

 

Since 2021, the number of new home building projects (over £100,000) receiving planning approvals has been declining, with a 14.9% drop in 2024 alone. The first half of 2025 shows approval rates comparable to the same period last year, indicating ongoing challenges in the planning system.  However, major housebuilders may not be submitting new applications, as they have sufficient plots with existing permissions for the near future.

 

Forecast 

Although the industry is still facing challenges, we anticipate a gradual recovery in private housing construction.

 

Companies Mentioned in the Report

Major housebuilders in the UK include:

 

  • Vistry Group
  • Barratt Redrow
  • Taylor Wimpey
  • Persimmon
  • Berkeley Group
  • Bellway
  • Redrow Group
  • Bloor Homes
  • Cala Group
  • Miller Homes
  • Hill Holdings
  • Morgan Sindall
  • Keepmoat Homes
  • Crest Nicholson
  • Avant Homes

 

Market Trends and Influences

Market performance is primarily influenced by economic and political factors.  In recent years, economic issues such as low GDP growth, high interest rates, and high inflation have reduced buyer demand and put pressure on developer margins.

 

Several headwinds will continue to impact the ability of the private housebuilding sector to recover after a difficult few years. However, there are also significant changes occurring within the industry, partly driven by government commitments to invest in housing, which should help facilitate a return to growth.

 

The major factors that will impact growth in the coming years include:

 

  1. Government policy, specifically housebuilding targets and investments in housebuilding programmes, along with support for buyers, especially first-time buyers.

 

  1. The government’s ability to speed-up and unblock the planning system.

 

  1. The effectiveness of training and upskilling programmes aimed at addressing skills and labour shortages in the construction industry.

 

  1. Broader macroeconomic conditions that influence developer confidence, profitability, investment capacity, and buyer demand and affordability.

 

Sector Analysis

This report focuses on new build private housing activity, including houses and flats.

 

Regional Analysis

The report provides a regional analysis of private housing starts and completions, value output, the mix of homes by the number of bedrooms, new construction orders, as well as an analysis of top housebuilders and planning approvals.

 

Regional Construction Project Analysis

The report provides a regional analysis of key housing projects that received planning approval between January and June 2025.

 

1 INTRODUCTION

  • 1.1 Scope of this report
  • 1.2 Abbreviations
  • 1.3 Sources of information
  • 1.4 Definitions of models to deliver housing

2 MARKET OVERVIEW – KEY PERFORMANCE INDICATORS

  • 2.1 Overall summary
  • 2.2 Market size and trends
    • 2.2.1 Residential transactions
    • 2.2.2 Net additional dwellings (England) and EPC ratings data
    • 2.2.3 Starts and completions
    • 2.2.4 ONS private housing output data
    • 2.2.5 New home registrations
    • 2.2.6 New orders for private new housing construction – GB
    • 2.2.7 Planning applications and approvals
    • 2.2.8 Other indicators

3 MARKET INFLUENCES AND DRIVERS

  • 3.1 Overall summary
  • 3.2 Political market influences and drivers
  • 3.2.1 Key announcements in the June 2025 Spending Review to help accelerate housebuilding
  • 3.2.2 Challenges
  • 3.3 Economic market influences and drivers
    • 3.3.1 Overall Economic Performance
    • 3.3.2 Affordability metrics and buyer confidence
    • 3.3.3 Help to Buy and the new Mortgage Guarantee scheme
    • 3.3.4 Financial health of the sector
    • 3.3.5 Population growth and demographic changes
    • 3.3.6 Segments of new build buyers
    • 3.3.7 Workforce dynamics and skills shortages
  • 3.4 Technological market influences and drivers
    • 3.4.1 The role of AI
    • 3.4.2 Quality of new homes – buyer satisfaction
    • 3.4.3 Innovation and Modern Methods of Construction (MMC)
  • 3.5 Legal market influences and drivers
    • 3.5.1 A brief overview of the key policies, bills and acts
    • 3.5.2 A summary of the known levys
    • 3.5.3 The National Planning Policy and Framework (NPPF)
    • 3.5.4 Levelling up and Regeneration Act 2023 (LURA)
    • 3.5.5 Planning and Infrastructure Bill
    • 3.5.6 Building Regulations – Building Safety Act
    • 3.5.7 Future Homes Standard
  • 3.6 Environmental market influences and drivers

4 REGIONAL ANALYSIS

  • 4.1 England
    • 4.1.1 Regional overview
    • 4.1.2 Greater London
    • 4.1.3 North East
    • 4.1.4 North West
    • 4.1.5 Yorkshire and the Humber
    • 4.1.6 East Midlands
    • 4.1.7 West Midlands
    • 4.1.8 East of England
    • 4.1.9 South East
    • 4.1.10 South West
  • 4.2 Scotland
  • 4.3 Wales
  • 4.4 Northern Ireland

5 COMPETITIVE LANDSCAPE

  • 5.1 Overview and structure of the market
  • 5.2 Larger private housebuilding developers
    • 5.2.1 Overview – top 50 housebuilders by turnover
    • 5.2.2 Future view: Top Housebuilders: ranked by key contract awards
    • 5.2.3 Review of 10 of the leading housebuilding companies in the private sector

6 MARKET FORECAST

  • 6.1 Barbour ABI forecast – £output
  • 6.2 Other context

7 APPENDICES

  • 7.1 ONS household growth projections by region and the biggest growth local authorities
  • 7.2 MMC update by key housebuilders
  • 7.3 Regional deep dive additional information
    • 7.3.1 London
    • 7.3.2 North East
    • 7.3.3 North West
    • 7.3.4 Yorkshire and the Humber
    • 7.3.5 East Midlands
    • 7.3.6 West Midlands
    • 7.3.7 East of England
    • 7.3.8 South East
    • 7.3.9 South West
    • 7.3.10 Scotland
    • 7.3.11 Wales

Chart 1: Residential property transactions completed in the UK, 2005/06-2024/25
Table 2: Residential property transactions in the UK, by country, 2018/19-2024/25
Chart 3: Residential property transactions completed in the UK, by quarter, Q1 2015 – Q1 2025
Chart 4: England completions for all new housing and private new housing vs Net dwelling additions, 2007-2027
Chart 5: Completions % change YOY, for private and all new housing, vs Net additional dwellings for new build, 2007-2025
Chart 6: OBR forecast for net additional dwellings, published March 2025
Table 7: Comparing new dwellings data with EPC ratings data in England, 2019/20-2024/25
Table 8: UK Private residential construction completions, by country, 2015/16-2024/25
Chart 9: Private residential housing completions in England, Scotland and Wales, 2004/05-2024/25
Chart 10: Private housing completions vs all housing completions, 2006/07-2024/25
Chart 11: Private enterprise dwelling starts vs completions in England, 2015-2025
Chart 12: Private enterprise dwelling starts vs completions in England, quarterly data, Q1 2005 – Q1 2025
Chart 13: Private enterprise dwelling starts vs completions in Scotland, 2015/16-2024/25
Chart 14: Private enterprise dwelling starts vs completions in Scotland, quarterly data, Q1 2005 – Q1 2025
Chart 15: Northern Ireland, starts vs completions, 2015/16-2024-25
Table 16: GB private residential construction output, by country, £m at current prices, 2020/21-2024/25
Chart 17: GB private residential construction output, £m at current prices, 2004/05-2024/25
Chart 18: New home registrations: private sector, 2018/19-2024/25
Chart 19: New home registrations: private sector, quarterly trends, Q1 2018-Q1 2025
Chart 20: New orders for private new housing construction, £m, 2004/05-2024/25
Chart 21: New Orders for Construction: value non-seasonally adjusted £pounds data by sector, Q1 2019 – Q1 2025
Chart 22: Number of Housing Planning Applications by Residential Type
Chart 23: Number of housing planning applications vs units being granted planning permission, rolling annual data Dec 2008 to Dec 2024
Table 24: Barbour ABI data on new home build projects approvals given, GB, 2019-25
Chart 25: GB seasonally adjusted deliveries of bricks (millions), 2020-2025
Table 26: UK Private Housebuilding Market PESTLE summary, 2025
Table 27: Timeline of Stamp Duty Reforms, last 10 years
Table 28: Economic indicators summary from 2019-2026
Chart 29: Construction material annual price inflation
Chart 30: Annual house price change for UK, by country, May 2021- May 2025
Table 31: House price changes by country and region, 2025
Table 32: New build vs existing housing changes and price premium, data to Y/E Sept 2024
Chart 33: Mortgage rates, Jan 2015- April 2025
Table 34: Household estimates and projections, United Kingdom, to 2038
Table 35: Household estimates and projections, by English regions, 2018 and 2028
Table 36: Household estimates and projections by age of household reference person 2018-2028, England
Chart 37: Average weekly earnings growth comparisons, Construction vs other industries
Table 38: Definitions of MMC categories
Table 39: Summary of Levies
Table 40: Breakdown summary on what the FHS will cover
Table 41: Private residential construction completions, by region, 2021- 2025 to financial year-end
Chart 42: Construction output in England, by region, 2022-25, (£million)
Table 43: Regional share of construction output and YOY change
Chart 44: Net additional dwellings, by region, 2021-2024
Table 45: Net additional dwellings, by region, % change YOY, 2022-2024
Chart 46: Number of new housing building projects gaining planning approval by region, England, 2023-2024
Table 47: The value of projects and number of units approved, 2023-2024
Chart 48: England, % mix of completions, Flats vs Houses, Private enterprise, 1991/92-2023/24
Chart 49: Private dwellings completed by number of bedrooms in England, % of total, 1991/92-2023/24
Chart 50: London: Private Housing starts vs completions, 1990/91-2024/25
Chart 51: London construction output, non-seasonally adjusted, current prices, Q1 2029 – Q1 2025, £ million
Chart 52: London % mix of all houses vs flats – private new build
Chart 53: London % mix of bedrooms for houses and flats, private new build
Chart 54: London: New Orders for construction private housebuilding, non-seasonally, Q1 2019 -Q1 2025 (£ million)
Table 55: London top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 56: London 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 57: North East Private Housing starts vs completions, 1990/91- 2024/25
Chart 58: North East Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 59: North East % mix of all houses vs flats – private new build
Chart 60: North East % mix of bedrooms for houses and flats, private new build
Chart 61: North East New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 62: North East top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 63: North East 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 64: North West Private Housing starts vs completions, 1990/91-2024/25
Chart 65: North West Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 66: North West % mix of all houses vs flats – private new build
Chart 67: North West % make up of bedrooms for houses and flats, private new build
Chart 68: North West New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 69: North West top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 70: North West 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 71: Yorkshire and the Humber Private Housing starts vs completions, 1990/91-2024/25
Chart 72: Yorkshire and the Humber Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 73: Yorkshire vs the Humber % mix of all houses vs flats – private new build
Chart 74: Yorkshire and the Humber % make up of bedrooms for houses and flats, private new build
Chart 75: Yorkshire and the Humber New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 76: Yorkshire and the Humber top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 77: Yorkshire and the Humber 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 78: East Midlands Private Housing starts vs completions, 1990/91-2024/25
Chart 79: East Midlands Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 80: East Midlands % mix of all houses vs flats – private new build
Chart 81: East Midlands % make up of bedrooms for houses and flats, private new build
Chart 82: East Midlands New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 83: East Midlands top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 84: East Midlands 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 85: West Midlands Private Housing starts vs completions, 1990/91-2024-25
Chart 86: West Midlands Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 87: West Midlands % mix of all houses vs flats – private new build
Chart 88: West Midlands % make up of bedrooms for houses and flats, private new build
Chart 89: West Midlands New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 90: West Midlands top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 91: West Midlands 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 92: East of England Private Housing starts vs completions, 1990/91-2024/25
Chart 93: East of England Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 94: East of England % mix of all houses vs flats – private new build
Chart 95: East of England % make up of bedrooms for houses, private new build
Chart 96: East of England New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 97: East of England top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 98: East of England 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 99: South East Private Housing starts vs completions, 1990/91-2024/25
Chart 100: South East Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 101: South East % mix of all houses vs flats – private new build
Chart 102: South East % make up of bedrooms for houses and flats, private new build
Chart 103: South East New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 104: South East top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 105: South East 2025 pipeline breakdown summary: South East. Approvals to end June 2025
Chart 106: South West Private Housing starts vs completions, 1990/91- 2024/25
Chart 107: South West Construction output, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 108: South West % mix of houses vs flats – private new build
Chart 109: South West % make up of bedrooms for houses and flats, private new build
Chart 110: South West New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 111: South West top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 112: South West 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 113: Scotland Private Housing completions, by local authority, calendar year 2023 vs 2024
Chart 114: Scotland Construction Output Private new homes, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Chart 115: Scotland New Orders for construction private housebuilding, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 116: Scotland top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 117: Scotland 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 118: Wales Construction output, Private new homes, non-seasonally adjusted, current prices, Q1 2019-Q1 2025 (£ million)
Table 119: Wales % mix of houses vs flats, private new build 2024
Chart 120: Wales % mix of private new build by number of bedrooms, by region, 2024
Chart 121: Wales New Orders for construction private housebuilding, value, non-seasonally adjusted pounds data, Q1 2019 – Q1 2025
Table 122: Wales top housebuilders ranked on £value of contracts won, + their unit share and key contracts this relates to
Table 123: Wales 2025 pipeline breakdown summary: Approvals to end June 2025
Chart 124: Northern Ireland completions YOY by region
Table 125: Barbour data – new housing contracts awarded in the 12 months to the end of June 2025
Table 126: Top 50 Housebuilders – ranked on turnover £m
Table 127: Top Housebuilders, all those winning contracts with over 500 units in the 12 months to June 2025 and their market share of units
Table 127: Barratt Redrow Key metrics
Table 128: Vistry Key metrics
Table 129: Taylor Wimpey Key metrics
Table 130: Persimmon Key metrics
Table 131: Berkeley Group Key metrics
Table 132: Bellway Key metrics
Table 133: Bloor Key metrics
Table 134: Cala Key metrics
Table 135: Miller Key metrics
Table 136: Hill Holdings Key metrics
Chart 137: Forecast to 2029: total GB output for private residential new build
Table 138: Household growth by region and LA- all areas with over 40k growth
Table 139: MMC update by housebuilders
Chart 140: London Boroughs total net additional dwellings, new builds, 2023/24
Table 141: London 2025 approvals pipeline: all new housing build projects worth over £10m, January – June 2025
Chart 142: North East Total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 143: North East 2025 approvals pipeline: all new housing build projects worth over £1m approved between January and June 2025, 36 projects
Chart 144: North West Total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 145: North West 2025 approvals pipeline: all new housing build projects worth over £10m approved between January and June 2025, 37 projects
Chart 146: Yorkshire and the Humber total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 147: Yorkshire & Humber 2025 approvals pipeline: all new housing build projects worth over £5m approved between January and June 2025, 35 projects
Chart 148: East Midlands total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 149: East Midlands 2025 approvals pipeline: all new housing build projects worth over £10m approved between January and June 2025, 28 projects
Chart 150: West Midlands Total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 151: West Midlands 2025 approvals pipeline: all new housing build projects worth over £5m approved between January and June 2025, 30 projects
Chart 152: East of England Total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 153: East of England 2025 approvals pipeline all new housing build projects worth over £10m approved between January and June 2025, 41 projects
Chart 154: South East Total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 155: South East 2025 approvals pipeline: all new housing build projects worth over £20m approved between January and June 2025, 28 projects
Chart 156: South West total net additional dwellings in 2023-24 – Breakdown by Met County and Unitary Authorities
Table 157: South West 2025 approvals pipeline: all new housing build projects worth over £15m approved between January and June 2025, 31 projects
Table 158: Scotland Starts and Completions, by LA area, 2024
Table 159: Scotland 2025 approvals pipeline: all new housing build projects worth over £8m approved between January and June 2025, 28 projects
Table 160: Wales 2025 approvals pipeline: all new housing build projects worth over £1m approved between January and June 2025

By using this form you agree that your data will be processed and protected in line with our Privacy Policy.

Private Housebuilding Market Report – UK 2025-2029

£1,499.00 Exc. VAT

Download Report Sample

Download Report Sample

Access to Interactive Report Hub

£250 discount when you buy any two reports

Add to Basket

Save £250 with our paired pricing

Related products

Frequently bought together

Private Housebuilding Market Report - UK 2025-2029
This item: Private Housebuilding Market Report - UK 2025-2029
£1,499.00 Exc. VAT
£1,499.00 Exc. VAT
Private Housing RMI Market Report - UK 2025-2029
1 × Private Housing RMI Market Report - UK 2025-2029
£1,499.00 Exc. VAT
Social Housing RMI Market Report UK 2024-2028
1 × Social Housing RMI Market Report UK 2024-2028
£1,499.00 Exc. VAT
Construction Forecast Bulletin GB 2026-2030 Edition
1 × Construction Forecast Bulletin GB 2026-2030 Edition
£400.00 Exc. VAT

Trusted by industry leaders

Save £250
with our paired pricing

Save £250 for every two reports you buy
Discount applied in basket

Why Choose Barbour ABI Market Research Reports

30+ Years of Experience

A tried and trusted provider of market research reports with 30 years of producing reports, and over 80 years of construction data.

Powered by
Barbour ABI

Our insight is powered by our construction project planning data lake exclusively owned, researched and published by Barbour ABI.

Comprehensive Research

Over 150 off-the-shelf market reports available featuring in-depth analysis and informed commentary on construction sectors and products.

Construction Market Leader

Barbour ABI is widely recognised as the leading specialist provider of market research to the UK building and construction industries.  

Learn more

For more detailed requests
speak to our research experts directly

By using this form you agree that your data will be processed and protected in line with our Privacy Policy.

Research you can depend on

Our reports go deeper to give you the insights needed to make your next strategic move.

  • Detailed assessment of the market – analysis of the market structure and recent developments within the market.
  • Market prospects up to 4 years – market value, opportunities, impact of socioeconomic events and regulatory developments.
  • Detailed information – market size, influences, market factors and key players.
  • Analysis by product group – market size, product mix, sector trends etc.
View our sample report

Research you can depend on

Our reports go deeper to give you the insights needed to make your next strategic move.

  • Detailed assessment of the market – analysis of the market structure and recent developments within the market.
  • Market prospects up to 4 years – market value, opportunities, impact of socioeconomic events and regulatory developments.
  • Detailed information – market size, influences, market factors and key players.
  • Analysis by product group – market size, product mix, sector trends etc.
View our sample report

Get in touch with a member of our team below

Download your free sample report

Download our free sample report and gain insight into the data, analysis and overall structure of our market leading research reports.

By using this form you agree that your data will be processed and protected in line with our Privacy Policy.

Not quite found what you're looking for?

Not to worry! A member of our team will be happy to get in touch, discuss your requirements, and help you find the right Market Report.

 

Get in touch below. 

Get in touch

Ask us anything

Our market research experts are on hand to answer your questions and help you choose the right reports for your business needs.


Call us on 01242 235724 or request a callback for a free consultation with an Barbour ABI Expert






    By using this form you agree that your data will be processed and protected in line with our Privacy Policy.

    Upcoming Report

    Please notify me when this upcoming report becomes available.

      Get in touch with our team

      If you have a question regarding any of our publications or subscriptions, or would like a quote for a bespoke research project, you can contact us by completing the form below.