With 5,759 homes being forward sold, this is up from the £1.4bn value reached in June 2024.

The private reservation rate also increased over this period, by 5.9%, to an average of 161 units per week.

This is up from 152 per week in 2024, with trading enhanced by a “modest” increase in bulk sales.

Elsewhere, the housebuilder has been active in investing in its land bank.

Since August 2024, Bellway has contracted to purchase 6,759 plots across 42 sites.

This is up from the 3,906 plots acquired over 21 sites between August and June in 2024.

Overall, Bellway has spent £495m on land deals in this period, up from £277 in the same period of 2024.

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Higher consumer demand has led to a higher volume output in Bellway’s outlook, with the housebuilder expecting to finish 8,600 to 8,700 units this financial year.

This is up from the 7,654 homes built in 2024.

As such, Bellway’s underlying operating margin is expected to approach 11% for the 2025 financial year, up from 10% in 2024.

“We have a healthy forward order book and outlet opening programme, which will serve as a platform for further growth in FY26,” said Jason Honeyman, group CEO at Bellway.

“I remain confident that, supported by the Group’s operational strengths, land bank depth and an increased focus on cash generation and capital efficiency, Bellway can capitalise on the positive fundamentals of our industry and deliver volume growth, improved returns and ongoing value creation for shareholders.”