Bellway has announced record figures for the year ending 31st July 2015.
The firm reported a record number of homes sold with a 13.2% increase in the number of housing completions, from 6,851 in 2014 to 7,752 this year.
It also increased its forward order book to 4,568 homes, with a value of over £1bn.
Ted Ayres, Chief Executive at Bellway, said: “The Group has continued to trade well, against a backdrop of favourable market conditions, delivering a record number of legal completions, whilst further adding to an already strong forward order book.”
“We have made a substantial investment in attractive land opportunities and the Group has the balance sheet and operational capability to invest further, thereby enabling Bellway to continue delivering additional and much needed new homes.”
Bellway also announced an improvement to the average selling price of a house.
The average price has increased from £213,182 in 2014 to £224,000 this year, an increase of 5%.
The firm also spent a record £620m on land and land creditors.
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