According to GlobalData, the value of the UK construction market is forecast to decline by 1.9% in real terms in 2024, having grown by 4.1% in 2023. A key growth market will be the infrastructure market, with output rising by 3.1% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five single-family housing construction projects that commenced in the UK in Q4 2024, according to GlobalData’s construction projects database.
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1. Wises Lane Residential Community
The project involves the construction of a residential community comprising of 675 homes out of which 81 are affordable in Sittingbourne, Kent.
Construction work started in Q4 2024 and is expected to be completed in Q1 2028.
2. Westerfield Road Residential Community
The project involves the construction of a residential community comprising of 815 homes on 43ha of land in Suffolk.
Construction work commenced in Q4 2024 and is expected to finish in Q3 2027.
3. Yew Farm Residential Community
The project involves the construction of 400 residential homes in Lincolnshire, England.
Construction work started in Q4 2024 and is forecast to complete in Q4 2027.
The main aim of the project is to provide residential facilities in the region. Buy the profile here.
4. Woodbury Manor Residential Community
The project involves the construction of a residential community comprising 220 homes on 9.71ha of land in Hailsham, East Sussex, England.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2026.
5. Central Square Residential Community
The project involves the construction of 176 unit residential community in Central Square, Winchburgh.
Construction work started in Q4 2024 and is expected to be completed in Q2 2026.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
