Happy new year!
A new decade has begun, an ideal time to look back at the housing market over the past 10 years.
In England and Wales, the average price of a property has risen by £72,000 over the past decade.
Across the South East, South West and London, average property prices have increased by over £100,000. All but one region have seen double-digit house price growth.
Official figures indicate 30% of dwellings are now rented privately from registered providers or with a job or business. This equates to an extra 1.3 million dwellings compared to a decade ago.
Changing demographics and family structures have seen the number of households rise at a higher rate than the population since 2010, a trend that looks set to continue.
What will the next decade hold? Only time will tell.
Make your perfect move with Edward Mellor! Get started by finding out how much your home is worth with our FREE, instant online valuation tool.
