Monmouthshire · report

New homes in Monmouthshire

54.2% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months: 110
Per 1,000 residents: 1.2

Homes started in Monmouthshire

Homes started over the previous 12 months, at each quarter.

Monmouthshire
Ten-year average

Show the numbers

Period	Monmouthshire
Jun 2026	110
Mar 2026	128
Dec 2025	113
Sep 2025	131
Jun 2025	147
Mar 2025	172
Dec 2024	148
Sep 2024	216
Jun 2024	240
Mar 2024	261
Dec 2023	297
Sep 2023	269
Jun 2023	261
Mar 2023	247
Mar 2020	382
Dec 2019	320
Sep 2019	313
Jun 2019	307
Mar 2019	222
Dec 2018	217
Sep 2018	257
Jun 2018	247
Mar 2018	233
Dec 2017	254
Sep 2017	321
Jun 2017	312
Mar 2017	307
Dec 2016	299
Sep 2016	231
Jun 2016	241
Mar 2016	263
Dec 2015	275
Sep 2015	229
Jun 2015	248
Mar 2015	253
Dec 2014	219
Sep 2014	217
Jun 2014	204
Mar 2014	219
Dec 2013	247
Sep 2013	251
Jun 2013	241
Mar 2013	259
Dec 2012	282
Sep 2012	328
Jun 2012	333
Mar 2012	276
Dec 2011	228
Sep 2011	175
Jun 2011	199
Mar 2011	303
Dec 2010	367
Sep 2010	412
Jun 2010	360
Mar 2010	243
Dec 2009	177
Sep 2009	119
Jun 2009	156
Mar 2009	216
Dec 2008	264
Sep 2008	286
Jun 2008	285
Mar 2008	242
Dec 2007	210
Sep 2007	191
Jun 2007	152
Mar 2007	175
Dec 2006	166
Sep 2006	198
Jun 2006	207
Mar 2006	175
Dec 2005	182
Sep 2005	168
Jun 2005	214
Mar 2005	267
Dec 2004	323
Sep 2004	386
Jun 2004	401
Mar 2004	425
Dec 2003	436
Sep 2003	485
Jun 2003	464
Mar 2003	439
Dec 2002	388
Sep 2002	296
Jun 2002	337
Mar 2002	370
Dec 2001	416
Sep 2001	409
Jun 2001	439
Mar 2001	469
Dec 2000	471
Sep 2000	520
Jun 2000	488
Mar 2000	498
Dec 1999	636
Sep 1999	602
Jun 1999	588
Mar 1999	499
Dec 1998	316
Sep 1998	277
Jun 1998	242
Mar 1998	220
Dec 1997	279
Sep 1997	352
Jun 1997	369
Mar 1997	449

A start is the first count of a new home in the UK: no nation counts homes granted planning permission. Most starts are finished one to two years later. England's and Wales's counts come from building control, which misses some homes; Scotland counts housing association approvals as starts; Northern Ireland's begin in 2015.

Other reports for Monmouthshire

Next 12 months

Sale prices have an 80% chance of landing between £303,716 and £349,416 by August 2027.

Expected, August 2027: £326,566
Chance of a rise: 45%

Affordability

At the average sale price, a home costs £328,937. With 10% down and a 30-year mortgage, the payment is £1,518 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes: 22%
Payment, one income: 44%

Buy or rent

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month: £994
Owning per month: £1,549

Foreign buyers

Figures for United Kingdom: Monmouthshire has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months: 1.8%

Past cycles

Sale prices have fallen by 3% or more 11 times since 1995. The deepest began in September 2007.

Deepest fall: −21.2%
Recovery from the low: 84 months

People and new homes

In 2025 the population grew by 252 while 185 homes were finished: 1.4 new residents for every new home.

New residents per new home, 2025: 1.4
Population change, 2025: +252

Empty homes

5.4% of the 43,457 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census: 5.4%
Empty homes: 2,345