March Property Market Overview
Fenland market town with affordable values and growing residential demand
The March property market recorded 350 residential sales over the past 12 months, with a median sale price of £230,000. This places March £75k below the Cambridgeshire county median of £305,000, and £55k below the UK national median of £285,000.
Prices in March have shown a moderate decline, with a year-on-year change of -4.2%. Within Cambridgeshire, March ranks 6th by price out of 7 principal towns, and 6th by transaction volume.
March House Prices by Property Type
Property prices in March vary significantly by type. The table below compares March prices with Cambridgeshire county averages and UK national figures.
| Type | March | Cambridgeshire Avg | UK Avg |
|---|---|---|---|
| Detached | £300,000 | £428,000 | £420,000 |
| Semi-detached | £220,000 | £300,000 | £265,000 |
| Terraced | £180,000 | £253,000 | £230,000 |
| Flat | £110,000 | £161,500 | £225,000 |
Detached homes in March command £300,000, while flat properties are most accessible at £110,000. The £190k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.
Median Price by Property Type
New Build Homes in March
March recorded 8 new-build transactions in the past 12 months, representing 2.3% of total sales. There is moderate development activity, with room for further growth.
New-build properties in March traded at a premium of 16.5% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Cambridgeshire market, 154 new-build completions were recorded — see our Cambridgeshire property market report for the full county picture.
Recent Property Sales in March
The following table shows the most recent property transactions recorded in March, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £277,500 | Detached | PE15 0FW | 2026-02-24 | Existing |
| £290,000 | Detached | PE15 0NR | 2026-02-20 | Existing |
| £195,000 | O | PE15 9JF | 2026-02-16 | Existing |
| £195,000 | Semi-detached | PE15 0TS | 2026-02-12 | Existing |
| £342,500 | Detached | PE15 8AX | 2026-02-09 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £195,000 to £342,500 illustrates the breadth of the March market.
Development Finance in March
For developers considering March, the local market data translates directly into finance structuring. With a median value of £230,000 and detached homes at £300,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a March scheme with a GDV of £300,000 would attract senior debt of approximately £195,000 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 4.2% year-on-year, experienced developers can still generate strong returns in March by targeting well-located sites with clear demand drivers.
Ready to develop in March? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
March Compared to Nearby Cambridgeshire Towns
To put March's market in context, the table below compares it with similarly-priced towns across Cambridgeshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| March | £230,000 | 350 | -4.2% |
| Wisbech | £202,500 | 417 | -1.2% |
| St Ives | £300,000 | 205 | -2.8% |
| Huntingdon | £305,000 | 1,074 | -6.2% |
| St Neots | £320,000 | 588 | -3.3% |
| Ely | £335,000 | 845 | -1.5% |
For the full Cambridgeshire town-by-town breakdown, see our comprehensive Cambridgeshire property market report.
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5 min readFrequently Asked Questions
What is the average house price in March?
The median house price in March is £230,000, based on 350 transactions over the past 12 months. Detached homes average £300,000 while flat properties average £110,000.
Are house prices rising or falling in March?
House prices in March are falling at -4.2% year-on-year. This decline may present buying opportunities for investors and developers. The wider Cambridgeshire market is falling at -2.8%.
How many properties sold in March recently?
March recorded 350 residential property sales in the past 12 months. This represents a reasonably active market.
What development finance is available for projects in March?
Developers in March 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.