News and Events

VertDivider

Battersea Power Station boosts New Year house-building figures

The UK house-building industry enjoyed a buoyant start to 2013 with new home registrations up nearly 30% compared to the same time last year, new data from NHBC reveals today.

The organisation's first monthly statistics of the year show that 10,112 new homes were registered around the country in January 2013 compared with 7,831 in January 2012.

The landmark Battersea Power Station redevelopment helped boost the January figures, as more than 800 new properties were registered during the first phase of the project. Over the next 15 years, more than 3,000 new homes will ultimately be built on this iconic London site.

Comparing the rolling quarter, the most recent figures up to and including January 2013 show an 18% increase (November '12 - January '13: 24,999) compared to the same three month period the previous year (November '11 - January '12: 21,110).

NHBC Commercial Director Richard Tamayo said: "We are heartened by the encouraging registration statistics for January which follow a strong end to last year.

"The month's figures were boosted by the high-profile Battersea Power Station redevelopment as well as an increase in the number of mixed-use developments. This will be a welcome bit of New Year cheer for house-builders up and down the country."

NHBC UK statistics for November 2012 - January 2013 show that:

  • For the rolling quarter November 2012 - January 2013 the number of registrations was 24,999, an 18% increase on the same period last year (21,110). Of these:
    • Private sector registrations in November 2012 - January 2013 increased by nearly 14% (18,061), compared with the same period last year (15,863).
    • Public sector registrations in November 2012 - January 2013 increased by 32% (6,938) when compared with the same period a year ago (5,247).
  • Full regional breakdown of total new homes registered November 2012 - January 2013 can be found in the pdf version of this release.

    View press release

From March 2012 our Quarterly Statistics are incorporated into NHBC's Housing Market Report - Subscribe here.

Media contact at NHBC

Nadia Bedra or James Hall
nbedra@nhbc.co.uk, 01908 746 734
jhall@nhbc.co.uk, 01908 746 738

News Date: 01/03/13