Bellway grows for 13th year in succession

Bellway enjoyed its 13th year of uninterrupted growth in the 12 months to 31 July, according to a trading statement issued to the Stock Exchange this morning.

The number of homes sold increased from 6,278 to 6,610 witrh the average selling price moving ahead 7% to around £160,000. This means Bellway will announce a record set of results on 19 October.

The forward order book stands at £587m, representing more than 50% of the target for the current year.