UK Housing Market Stats

UK HOUSING MARKET STATS The UK housing market is ever changing, but stats Ilike these offer us an insight into where we are at present: AVERAGE HOUSING MARKET STATS The number of households in the UK stood at 26.4 million in 2012. This is expected to rise to 28 million by the year 2016. 2012 2016 26.4 MILLION 28 MILLION There was a 58% increase in the number of privately rented properties between the years 2005-2006 and 2011-2012. It 58% went up from 2.4 million to 3.8 million. OVER THE NEXT 5 YEARS: The North East of the country is expected to rise by: 12.6% The East of the country is expected to rise by: 25.2% Property values in the South East of the country are expected to rise by: 26.4% London's house prices are only expected to rise by: 10.4% Only 16% of people under 35 are expected to be homeowners by 2019. HOUSE PRICES IN WARRINGTON The average price of properties for sale in Warrington stands at: The median price of properties for sale in Warrington stands at: £172,130 £129,950 SALE The average time on the market in Warrington is 155 days. abacussolicitors Sources: http://www.home.co.uk/guides/house_prices.htm?location=Dwarrington http://www.theguardian.com/money/2013/aug/17/statistics-behind-uk-housing-market http://www.thisismoney.co.uk/money/mortgageshome/article-2825018/London-house-prices-flatline-year-strongest-growth-South-East.html