Imofolio

England · report

Renovation in England

In 2025, 10% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
10%

Homes finished in England, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
2025190,602—21,554212,156
2024198,681—25,982224,663
2023212,364—26,785239,149
2022211,665—27,760239,425
2021191,819—24,881216,700
2020219,120—31,057250,177
2019214,413—34,457248,870
2018195,387—34,273229,660
2017183,571—42,869226,440
2016163,939—35,353199,292
2015155,078—25,595180,673
2014130,344—16,995147,339

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for England

Sale prices have an 80% chance of landing between £281,982 and £314,298 by August 2027.

Expected, August 2027
£298,140
Chance of a rise
64%

At the average sale price, a home costs £293,525. With 10% down and a 30-year mortgage, the payment is £1,354 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
21%
Payment, one income
41%

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,466
Owning per month
£1,382

9.3% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
135,780
Per 1,000 residents
2.3

Figures for United Kingdom: England has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 7 times since 1968. The deepest began in September 2007.

Deepest fall
−18.2%
Recovery from the low
62 months

In 2025 the population grew by 228,010 while 139,960 homes were finished: 1.6 new residents for every new home.

New residents per new home, 2025
1.6
Population change, 2025
+228,010

5.4% of the 24,927,588 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.4%
Empty homes
1,352,135