Since the 1st of January 2019, 9.1 million homes have come onto the UK property market.
I at Belvoir Northampton wanted to look at the breakdown of the distribution of property types within that figure.
Most of these homes, 66% of these were houses. Flats made up around 20%, and bungalows accounted for 8%, reflecting the diverse nature of housing stock available across the country.
The remaining 6% includes various other types of properties, such as retirement homes, mixed-use residential and commercial properties, HMO’s and mobile homes etc.
This data highlights the ongoing prominence of houses in the market, but also shows a significant portion of flats and bungalows, which cater to different buyer preferences and lifestyle needs.
For those interested in the property market, these figures offer a clear picture of the types of homes entering the market in recent years and provide useful insights for estate agents, investors, and potential buyers alike.
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