Leamington Spa Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review

Leamington Spa: Regency spa town with premium values, strong independent retail, and growing tech sector.

The Leamington Spa property market recorded 1,204 residential sales in the 12 months to 30 June 2026, with a median sale price of £330,000. This places Leamington Spa in line with the Warwickshire county median, and £45k above the approximate UK median of £285,000.

Prices in Leamington Spa have been broadly stable, 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.

On a quarterly view, Leamington Spa median prices moved from £335,000 in Q1 2025 to £322,500 in Q2 2026, a change of -3.7% over 5 quarters.

Warwick, the local planning authority covering Leamington Spa, approved 12 residential planning applications and refused 1 in Q3 2026 (1 July to 30 September 2026), with 53 still awaiting a decision. Too few decisions were captured in the period to state a reliable approval rate. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 3,142 homes, an estimated £1.0bn of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Warwick covers more than one town in Warwickshire, so these figures are authority-wide rather than specific to Leamington Spa alone.

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

Detached homes in Leamington Spa command £509,000, while flat properties are most accessible at £210,000. The £299k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 1 new-build sales in Leamington Spa for the past 12 months, 0.1% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

Too few new-build sales have registered yet to quote a reliable new-build premium for Leamington Spa.

Across the wider Warwickshire market, 397 new-build sales have registered so far. See our Warwickshire property market report for the full county picture.

The table below shows the most recently registered residential sales in Leamington Spa, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £280,000 to £455,000 illustrates the breadth of the Leamington Spa market.

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 £509,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Leamington Spa with a GDV of £509,000 would attract senior debt of approximately £330,850 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.

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

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