March Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

March: Fenland market town with affordable values and growing residential demand.

The March property market recorded 533 residential sales in the 12 months to 31 May 2026, with a median sale price of £235,000. This places March £77k below the Cambridgeshire county median of £311,749, and £50k below the approximate UK median of £285,000.

Prices in March have recorded a moderate decline, 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.

On a quarterly view, March median prices moved from £232,500 in Q4 2024 to £235,000 in Q1 2026, a change of +1.1% over 5 quarters.

Fenland District Council, the local planning authority covering March, approved 325 residential planning applications and refused 60 in the last 12 months, with 101 still awaiting a decision. That is an approval rate of 84%.

Those applications propose around 2,468 homes, an estimated £562.2m 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.

Fenland District Council covers more than one town in Cambridgeshire, so these figures are authority-wide rather than specific to March alone.

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 £105,000. The £195k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.

HM Land Registry has so far registered 16 new-build sales in March for the past 12 months, 3.0% 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 March.

Across the wider Cambridgeshire market, 471 new-build sales have registered so far. See our Cambridgeshire property market report for the full county picture.

The table below shows the most recently registered residential sales in March, 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 £165,000 to £425,000 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 scheme in March 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.