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Three Rivers · report

Renovation in Three Rivers

In 2025, 23% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
23%

Homes finished in Three Rivers, 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
2025314—95409
2024276—14290
2023199—19218
2022162—9171
2021232—20252
2020325—132457
201989—78167
2018186—89275
20170—9999
2016220—23243
2015267—39306
2014150—13163
2013198—-1197

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 Three Rivers

Sale prices have an 80% chance of landing between £553,733 and £629,064 by August 2027.

Expected, August 2027
£591,398
Chance of a rise
52%

At the average sale price, a home costs £590,232. With 10% down and a 30-year mortgage, the payment is £2,723 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
37%
Payment, one income
74%

Renting the average home costs less each month than owning 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
£1,828
Owning per month
£2,779

43.7% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
60
Per 1,000 residents
0.6

Figures for United Kingdom: Three Rivers 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 9 times since 1995. The deepest began in October 2007.

Deepest fall
−18.2%
Recovery from the low
44 months

In 2025 the population grew by 461 while 110 homes were finished: 4.2 new residents for every new home.

New residents per new home, 2025
4.2
Population change, 2025
+461

3.9% of the 38,422 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.9%
Empty homes
1,495