New-build supply in ML9
UK average area. Moderate new-build activity. ~250 completions in the wider LA in 2024.
Activity tier
Moderate
Annual completions
250
in wider LA, 2024
Planning pipeline
800
units permitted, not yet started
What new-build supply means for resale prices
A high pipeline doesn't automatically translate to weaker resale prices for every property in the area. The relationship depends on what you own:
- Period property (Victorian, Edwardian, pre-war): usually resilient. New-build volume rarely substitutes for character stock, and well-maintained period properties often command a premium in regeneration areas.
- Existing flats in 2010s-2020s blocks: most exposed. Direct substitutability with new build means resale needs to undercut the developer.
- Houses generally: stable. Most new-build pipeline is flats, so the houses market sees less direct competition.
- HMO investments: depends on student / professional rental demand. A regeneration that brings new commercial tenants often pulls rental yield up.
Regional context, not per-property analysis. Completions and pipeline figures aggregate the wider local-authority area; the specific impact on a single property depends on its proximity to the schemes, its type, and its specification. For property-specific planning context within 500m, order a Standard property report.
Run a per-address report in ML9
The full property report covers Land Registry sold prices, planning applications within 500m of the address, and (Investor tier) the full 10-year ROI projection that factors in regional supply context.
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