Town Report5 min readUpdated April 2026

Leamington Spa Property Market: House Prices, Sold Data & Development Finance (2026)

Median price £330,000, 749 sales, -1.5% YoY. Warwickshire county.

ML

Matt Lenzie

Founder, Construction Capital

Published 8 April 2026

Leamington Spa Property Market Overview

Regency spa town with premium values, strong independent retail, and growing tech sector

The Leamington Spa property market recorded 749 residential sales over the past 12 months, with a median sale price of £330,000. This places Leamington Spa in line with the Warwickshire county median, and £45k above the UK national median of £285,000.

Prices in Leamington Spa have shown broadly stable, with a year-on-year change of -1.5%. Within Warwickshire, Leamington Spa ranks 4th by price out of 7 principal towns, and 4th by transaction volume.

Leamington Spa House Prices by Property Type

Property prices in Leamington Spa vary significantly by type. The table below compares Leamington Spa prices with Warwickshire county averages and UK national figures.

TypeLeamington SpaWarwickshire AvgUK Avg
Detached£552,500£507,000£420,000
Semi-detached£350,000£326,000£265,000
Terraced£325,000£280,000£230,000
Flat£213,000£180,000£225,000

Detached homes in Leamington Spa command £552,500, while flat properties are most accessible at £213,000. The £340k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

Median Price by Property Type

New Build Homes in Leamington Spa

Leamington Spa recorded 1 new-build transactions in the past 12 months, representing 0.1% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.

New-build properties in Leamington Spa traded at a discount of 100.0% versus existing stock. Developers should focus on specification, design quality, and location to maximise values above comparable second-hand stock.

Across the wider Warwickshire market, 262 new-build completions were recorded — see our Warwickshire property market report for the full county picture.

Recent Property Sales in Leamington Spa

The following table shows the most recent property transactions recorded in Leamington Spa, providing real-time evidence of achieved prices for buyers, sellers, and developers:

PriceTypePostcodeDateStatus
£435,000TerracedCV31 1HA2026-02-20Existing
£303,000Semi-detachedCV31 1HA2026-02-18Existing
£372,000TerracedCV32 5YG2026-02-16Existing
£295,000TerracedCV32 7QS2026-02-16Existing
£350,000Semi-detachedCV32 7LG2026-02-13Existing

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £295,000 to £435,000 illustrates the breadth of the Leamington Spa market.

Development Finance in Leamington Spa

For developers considering Leamington Spa, the local market data translates directly into finance structuring. With a median value of £330,000 and detached homes at £552,500, lenders can assess scheme viability with confidence.

A typical development finance facility for a Leamington Spa scheme with a GDV of £552,500 would attract senior debt of approximately £359,125 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 1.5% year-on-year, experienced developers can still generate strong returns in Leamington Spa by targeting well-located sites with clear demand drivers.

Ready to develop in Leamington Spa? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

Leamington Spa Compared to Nearby Warwickshire Towns

To put Leamington Spa's market in context, the table below compares it with similarly-priced towns across Warwickshire:

TownMedian PriceSales (12m)YoY Change
Leamington Spa£330,000749-1.5%
Warwick£350,000531-1.4%
Stratford-upon-Avon£351,7501,606-4.2%
Rugby£285,0001,257-3.4%
Kenilworth£405,000299+1.3%
Bedworth£230,000286-2.7%

For the full Warwickshire town-by-town breakdown, see our comprehensive Warwickshire property market report.

Frequently Asked Questions

What is the average house price in Leamington Spa?

The median house price in Leamington Spa is £330,000, based on 749 transactions over the past 12 months. Detached homes average £552,500 while flat properties average £213,000.

Are house prices rising or falling in Leamington Spa?

House prices in Leamington Spa are falling at -1.5% year-on-year. This decline may present buying opportunities for investors and developers. The wider Warwickshire market is falling at -2.4%.

How many properties sold in Leamington Spa recently?

Leamington Spa recorded 749 residential property sales in the past 12 months. This high volume indicates a liquid, active market.

What development finance is available for projects in Leamington Spa?

Developers in Leamington Spa can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.

Ready to Develop?

Tell us about your project and we'll source the best terms from our panel of 100+ lenders. Indicative terms within 24 hours.