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Thematic report · 3 min read read · Updated April 2026
Fastest-Growing Property Markets in England & Wales Q1 2026
124 towns rising, 207 falling. Full town-by-town rankings with transaction data.
01
Q1 2026 Market Overview
Of 360 towns with meaningful transaction volumes (>10 sales in the past 12 months), 124 are recording year-on-year price growth whilst 207 are seeing declines. This report ranks every market by price momentum to highlight where developers face rising end values — and where land acquisition bargains may be emerging.
02
Top 20 Fastest-Rising Markets
| # | Town | County | YoY Change | Median Price | Transactions (12m) |
|---|---|---|---|---|---|
| 1 | Porthmadog | Gwynedd | +42.3% | £249,000 | 39 |
| 2 | Peterlee | County Durham | +16.7% | £77,000 | 471 |
| 3 | Bootle | Merseyside | +15.0% | £137,950 | 402 |
| 4 | Newtown | Powys | +12.4% | £213,500 | 158 |
| 5 | Builth Wells | Powys | +10.0% | £275,000 | 41 |
| 6 | Bangor | Gwynedd | +9.7% | £192,000 | 207 |
| 7 | Sandy | Bedfordshire | +8.1% | £335,000 | 218 |
| 8 | Leiston | Suffolk | +7.4% | £255,000 | 84 |
| 9 | Devizes | Wiltshire | +6.9% | £310,000 | 373 |
| 10 | Wells | Somerset | +6.8% | £347,000 | 231 |
| 11 | Caernarfon | Gwynedd | +6.7% | £192,000 | 287 |
| 12 | Neath | Swansea | +6.7% | £160,000 | 1,461 |
| 13 | Knaresborough | North Yorkshire | +6.6% | £357,000 | 225 |
| 14 | Washington | Tyne And Wear | +5.8% | £145,000 | 459 |
| 15 | Bethesda | Gwynedd | +5.4% | £195,000 | 1,203 |
| 16 | Salisbury | Wiltshire | +4.7% | £335,000 | 1,182 |
| 17 | Amersham | Buckinghamshire | +4.3% | £735,000 | 208 |
| 18 | Sevenoaks | Kent | +4.3% | £485,000 | 1,130 |
| 19 | Morpeth | Northumberland | +4.3% | £245,000 | 725 |
| 20 | Chichester | Sussex | +4.3% | £427,500 | 1,213 |
Porthmadog in Gwynedd leads the table with +42.3% growth, where the median price now sits at £249,000. Peterlee follows at +16.7%, with Bootle in third place at +15.0%.
Rising markets offer developers the advantage of appreciating end values during the build period. For schemes funded with development finance, this can improve profit margins between drawdown and exit.
03
Top 10 Markets Under Pressure
| # | Town | County | YoY Change | Median Price | Transactions (12m) |
|---|---|---|---|---|---|
| 1 | Retford | Nottinghamshire | -13.6% | £190,000 | 408 |
| 2 | Alnwick | Northumberland | -13.3% | £260,000 | 220 |
| 3 | Preston | Lancashire | -12.4% | £166,500 | 1,601 |
| 4 | Kendal | Cumbria | -12.3% | £250,000 | 447 |
| 5 | Attleborough | Norfolk | -12.0% | £264,000 | 228 |
| 6 | Penrith | Cumbria | -11.3% | £230,500 | 466 |
| 7 | Blackburn | Lancashire | -10.9% | £147,000 | 1,496 |
| 8 | Welshpool | Powys | -10.2% | £220,000 | 146 |
| 9 | Workington | Cumbria | -9.7% | £135,500 | 439 |
| 10 | Marlow | Buckinghamshire | -9.6% | £610,000 | 171 |
Declining markets are not necessarily a warning sign for developers. Lower land values reduce acquisition costs, and strategic development through a price trough can deliver strong returns as the market recovers. The key is conservative appraisals and adequate contingency in your development finance structure.
04
Regional Patterns
Welsh markets feature prominently among the fastest risers, with towns in Gwynedd and Powys showing strong momentum. In the North, Tyne And Wear and County Durham towns appear in the growth table, suggesting a northward shift in demand.
The South and East of England show more mixed results. Whilst individual towns are growing, county-level averages tend to be more subdued, reflecting higher base prices and the impact of elevated mortgage rates on buyer affordability.
05
What This Means for Developers
For bridging loan exits, rising markets provide greater certainty on refinance valuations. In declining markets, mezzanine finance can help bridge the gap between senior debt and equity when valuers take a cautious view.
Whether your scheme is in a rising or falling market, Construction Capital sources competitive terms from 100+ lenders. Submit your project via our deal room for a no-obligation quote.
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Related
market reports.
Gwynedd Property Market: Prices, Trends & Development Finance (2026)
5 min readCounty Durham Property Market: Prices, Trends & Development Finance (2026)
5 min readMerseyside Property Market: Prices, Trends & Development Finance (2026)
5 min readPowys Property Market: Prices, Trends & Development Finance (2026)
5 min readCommon questions
Frequently asked
questions.
Where are property prices rising fastest in Q1 2026?
Porthmadog in Gwynedd leads with +42.3% year-on-year growth, based on Land Registry transaction data.
Where are property prices falling the most?
Retford in Nottinghamshire has seen the largest decline at -13.6% year-on-year. However, price declines can create opportunities for developers acquiring land at lower values.
How does price growth affect development finance?
In rising markets, lenders are typically more comfortable with forward-looking valuations and may offer higher loan-to-value ratios. In falling markets, valuers will be more conservative, meaning developers should stress-test their appraisals and consider additional contingency.
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