UK house builder Bellway has forecast a 27% jump in its revenue for the year ended 31 July to £2.2bn (€2.6bn; $2.9bn), with the firm hailing it as an "outstanding trading performance".

Higher sales, better operating margin and strong trading conditions – notwithstanding the uncertainty in the weeks leading up to and after the EU referendum – were behind the rise.

The Newcastle-based firm said it was too early to assess the long-term impact of the Brexit vote on consumer confidence but that it expected demand for new homes to remain strong over the coming year.

It sold 8,721 homes in the last financial year, a 12.5% increase from the preceding 12 months, with the average selling price up 13% to £252,700.

The house builder added that it had built up a healthy forward order book comprising 4,644 homes at a value of £1.1bn, supported by lenders' willingness to offer affordable mortgage finance to home buyers.

"The group has delivered an outstanding trading performance, achieving new records for Bellway in respect of both volume and operating margin," Bellway chief executive Ted Ayres said in a statement.

"We have invested in high quality land and have maintained a significant forward order book, thereby ensuring that the Group is well placed to continue its sizeable contribution to meeting the UK's requirement for new homes in the year ahead.

"It is still too early to assess the effect of the EU referendum result, however trading in recent weeks has been encouraging and Bellway, with its strong balance sheet and robust land bank, can be flexible and respond opportunistically to any changes in market conditions."