For property owners and landlords in Northampton, the
latest insights on the average age of first-time buyers reveal a surprising
trend. While it’s often assumed that the age of first-time buyers has
significantly increased over the last two decades, the data tells a different
story.
In the UK, excluding London, the average age of a first-time
buyer has only risen from 30 years and 7 months in 2005 to 33 years in 2023. In
London, traditionally known for its high property prices, the age has increased
from 32 years in 2005 to 35 years and 4 months today.
This modest rise reflects a resilient market where buyers
are still entering the market earlier than many might expect, despite economic
challenges. For those in Northampton, this stability suggests continued
demand for properties, making it an opportune time for landlords and property
owners to consider their home ownership and investment strategies.
