Commercial Mortgages in March

If you are looking for independent broker advice to arrange a commercial mortgage in March then we can help.

March Commercial Mortgages Explained

A commercial mortgage is a type of loan used to purchase or refinance commercial property, such as an office building, shopping centre, or apartment complex. These loans are typically taken on the property being purchased, and are used by businesses and investors to finance the acquisition or improvement of commercial real estate.

Commercial mortgages typically have a longer term and a higher interest rate than residential mortgages. They also require a larger down payment and more documentation. Because of this, it is best to consult with a professional to determine if a commercial mortgage is the best option for your needs.

Did you know there were 858 property transactions in March during 2022 with an average sale price of £272,502. Read More >

Typical Uses

Securing office space, care homes, vehicles, machineries, and equipment. Finance for dental practices, GP surgeries and pharmacies. Agricultural Finance for farms and estates.

Access the Best Rates

We can find companies the best rates for commercial mortgages by accessing deals that you can't find on the high street. Different lenders specialise in lending to different sorts of businesses, so it's important to have the proper people on your side.

Offering the Right Advice

Our advisors are experienced, friendly and hold the relevant industry certifications to advise on the right deal for your business. We'll work quickly to provide the loan you need within your completion deadline.

Key Points

  • Up to 100% loan-to-value (with additional security)
  • Business start-ups considered
  • No minimum income or maximum age requirements
  • No lender fees on selected products

Get Expert Advice

If you need to talk to a commercial mortgage broker for a property in March or elsewhere, leave your details on our contact page and we will get straight back...

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0141 280 3366

March Quick Facts

Based on 400 registered sales in 2022, the median house price in March is £234,975 and the average price is £255,865.

In March the median house price of £234,975 during 2022 is a 4.43% increase on the 2021 median price of £225,000. The 2022 median price is a 73.41% increase on the median price 10 years ago in 2013 of £135,500.

In March during 2022 there have been 400 sales, including 92 terraced houses, 175 detached houses, 95 semi detached houses, 24 flats/maisonettes and 14 other properties.

March Previous Month Prices

Average monthly housing prices in March over the past year. The most recent months may not presently include all recorded sales.

Sample Sales Average Change Median Change
Nov 2022 5 £241,200 -21.7% £236,000 -10.9%
Oct 2022 15 £308,000 14.6% £265,000 6.4%
Sept 2022 34 £268,684 -1.6% £249,000 3.8%
Aug 2022 37 £273,162 -14% £240,000 -15.8%
Jul 2022 43 £317,778 32% £285,000 35.7%
Jun 2022 39 £240,718 -0.7% £210,000 -9.1%
May 2022 49 £242,327 10.4% £231,000 24%
Apr 2022 42 £219,560 -12.3% £186,250 -20.2%
Mar 2022 44 £250,398 -4.4% £233,500 -1.5%
Feb 2022 43 £261,830 26% £237,000 30.9%
Jan 2022 35 £207,759 -22.2% £181,000 -21.2%
Dec 2021 48 £266,875 9.1% £229,750 2.1%
Nov 2021 62 £244,530 2.5% £225,000 1.1%

Sample Sales Average Change Median Change
Nov 2022 1 £315,000 -18.6% £315,000 -20.3%
Oct 2022 9 £386,889 17.5% £395,000 23.8%
Sept 2022 18 £329,208 0.5% £319,125 17.5%
Aug 2022 18 £327,528 -13.9% £271,500 -12.4%
Jul 2022 26 £380,308 21.2% £310,000 5.1%
Jun 2022 18 £313,667 -5.6% £295,000 -9.8%
May 2022 17 £332,294 1.5% £327,000 25.5%
Apr 2022 12 £327,458 12.8% £260,500 -10.2%
Mar 2022 25 £290,420 -14.7% £290,000 -10.8%
Feb 2022 23 £340,389 8.8% £325,000 2.3%
Jan 2022 8 £312,757 -13.3% £317,778 -8.8%
Dec 2021 22 £360,795 14.2% £348,500 26.3%
Nov 2021 28 £315,893 3.1% £276,000 -4.8%

Sample Sales Average Change Median Change
Nov 2022 2 £215,500 -6.3% £215,500 -6.3%
Oct 2022 1 £230,000 9.9% £230,000 9.5%
Sept 2022 10 £209,200 -0.4% £210,000 -5.1%
Aug 2022 12 £210,083 -7.4% £221,250 -2.1%
Jul 2022 7 £226,929 9% £226,000 15.9%
Jun 2022 8 £208,250 -6.6% £195,000 -15.2%
May 2022 15 £222,900 0.1% £230,000 -2.1%
Apr 2022 8 £222,750 3.3% £235,000 5.6%
Mar 2022 11 £215,545 3.1% £222,500 4.8%
Feb 2022 8 £209,125 4.8% £212,250 8.8%
Jan 2022 13 £199,538 -0% £195,000 2.6%
Dec 2021 11 £199,591 -8.8% £190,000 -11.1%
Nov 2021 16 £218,969 15.3% £213,750 8.2%

Sample Sales Average Change Median Change
Nov 2022 2 £230,000 26.7% £230,000 22.3%
Oct 2022 5 £181,600 -9.2% £188,000 4.4%
Sept 2022 5 £200,000 -17.2% £180,000 -20.9%
Aug 2022 7 £241,500 10.4% £227,500 2.3%
Jul 2022 10 £218,795 17.6% £222,475 25.3%
Jun 2022 8 £186,125 -1.2% £177,500 -4.1%
May 2022 13 £188,308 5.3% £185,000 10.4%
Apr 2022 16 £178,781 3.2% £167,500 -7.8%
Mar 2022 8 £173,250 1.2% £181,750 5.7%
Feb 2022 8 £171,156 12% £172,000 12.8%
Jan 2022 10 £152,750 -17.3% £152,500 -12.9%
Dec 2021 14 £184,786 13% £175,000 7.9%
Nov 2021 16 £163,459 -4.9% £162,175 -3.2%

Sample Sales Average Change Median Change
Nov 2022 0 £0 0% £0 0%
Oct 2022 0 £0 0% £0 0%
Sept 2022 1 £117,500 0% £117,500 0%
Aug 2022 0 £0 0% £0 0%
Jul 2022 0 £0 0% £0 0%
Jun 2022 5 £117,400 8.3% £115,000 8%
May 2022 4 £108,375 0.1% £106,500 0.2%
Apr 2022 6 £108,250 0% £106,250 0%
Mar 2022 0 £0 0% £0 0%
Feb 2022 4 £96,875 -40.2% £93,250 0.5%
Jan 2022 4 £162,000 80% £92,750 3.1%
Dec 2021 1 £90,000 -8.6% £90,000 -8.6%
Nov 2021 2 £98,500 13.1% £98,500 12.9%

March House Price Information

For more information on house prices in March, go to our dedicated March house price page for charts and postcode sector comparisons.

March House Price Data

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March Yearly Price Changes

Year on year percentage changes in March.

March 2022 Price Distribution

Our Data

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.