Trends in the UK housing market Trends in the UK housing market

Trends in the UK housing market

The last few years have proved just how changeable the property market can be, but several trends look set to stay.

No. 1001 from our magazine|2 min read| Published in Magazine on 1 April 2022 by our Marketing Team

Younger buyers continue to be outnumbered by older buyers in the UK property market due to the wage to house-price ratio. * 
Interestingly, our living spaces have dropped from 24.89 sqm to 17.09 sqm since the 70s. Overall, new homes are around 20% smaller than 50 years ago, however, the size of our kitchens have increased! ** 
A number of factors are driving an increase in homeowners, first-time buyers and buy-to-let investors choosing new-build properties. One of the key reasons is higher energy efficiency compared to that of older properties. * 
Location to schooling and transport services continue to be primary influences on purchasing decisions. But other location-based factors – such as access to local shops – are becoming less of a consideration thanks to online delivery services. * 
Our final trend is highly relevant if you’re ready to sell soon. Did you know that spring is one of the busiest times of the year in the property market? Therefore, selling your home now means it is likely you will be in for a quick sale and achieve a top price for your home. *** 
Whether you’re hoping to find your dream property or take advantage of the rising demand, we’re here to advise you.  
Contact us today to book a valuation or discuss your options. 
**According to Which? 
*** Rightmove 

This article was originally published by BriefYourMarket and is reproduced here with their permission.

For more company news and insights from Pygott & Crone, click here

Members of the Relocation Agent Network

Part of a network of agents

We work with other trusted estate agents across the nation

Latest news

Help us make a difference to those in need this Christmas
Campaigns | 21 November 2022

Help us make a difference to those in need this Christmas

Donations for our local food banks are being gratefully received at your local Pygott & Crone branch

Is home staging worth it?
Magazine | 1 November 2022

Is home staging worth it?

Home staging is a specialised skill which involves creating the perfect atmosphere in your home using furniture and accessories, plants and lighting, to garner buyer interest for your property and sell it faster, for the best price.

Winterproof your home with these tips
Magazine | 1 November 2022

Winterproof your home with these tips

As autumn leaves us and dark evenings approach, now is the best time to start preparing your home for the cold months ahead.

One in three properties receive an offer one hour after viewing
Magazine | 1 November 2022

One in three properties receive an offer one hour after viewing

The housing market once again exceeds expectations after a poor reception from the chancellor’s mini-budget and regular talk of a possible slowdown, as current research suggests that in 2022, almost a third (31%) of properties are now receiving offers within an hour, compared to a mere 7% in 2018.

Chat live

Chat live with a member of staff

Please provide your name and email address to continue.


We use some essential cookies to make our website work; and we use some other cookies to help us improve our website without identifying you. You can accept all cookies or change your settings below.

For an explanation of cookies and how we use them, see our cookie policy here (opens in new tab). Below you can choose to enable non-essential cookies.

These are anonymous and help us understand how our website is used.