March Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

Fenland market town with affordable values and growing residential demand

The March property market recorded 365 residential sales over the past 12 months, with a median sale price of £235,000. This places March £68k below the Cambridgeshire county median of £302,750, and £50k below the UK national median of £285,000.

Prices in March have shown a moderate decline, with a year-on-year change of -2.1%. Within Cambridgeshire, March ranks 6th by price out of 8 principal towns, and 7th by transaction volume.

March median prices have moved from £235,000 in Q1 2025 to £215,000 in Q2 2026, a change of -8.5% over 5 quarters. March has now recorded 2 consecutive quarters of price falls.

Property prices in March vary significantly by type. The table below compares March prices with Cambridgeshire county averages and UK national figures.

Detached homes in March command £300,000, while flat properties are most accessible at £103,000. The £197k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.

March recorded 3 new-build transactions in the past 12 months, representing 0.8% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.

New-build properties in March traded at a premium of 24.9% 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, 98 new-build completions were recorded — see our Cambridgeshire property market report for the full county picture.

The following table shows the most recent property transactions recorded in March, providing real-time 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 £200,000 to £395,000 illustrates the breadth of the March market.

For developers considering March, the local market data translates directly into finance structuring. With a median value of £235,000 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 2.1% 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.

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

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