Property Facts from Regal Estates - Residential Sales and Lettings

Property Facts from Regal Estates - Residential Sales and Lettings

Another Property Factoid from your Local Independent Agent.

We just love finding out interesting stats about property, so when we find gems like this we just have to share !

"The floor area of every home in England and Wales, if added together, would total 658 square miles. Interesting when you think London covers 600 square miles and has a population of 8.6 million."

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In the ever-evolving landscape of the Canterbury property market, understanding the demographics of occupancy rates is pivotal for both buyers and sellers.

This informative graphic illustrates the buoyancy of the property market across the United Kingdom for the early part of 2024, specifically from the 1st of January to the 16th of March, compared to the same period in 2023. Over that time frame, there has been a 19.4% increase in UK house sales agreed from 203,254 in 2023 to 242,803 in 2024.

Across the UK, available rental homes on the market have seen a notable decrease from March 2019 to March 2024.

The 2024 UK property market has demonstrated remarkable resilience and growth, outpacing the sales figures achieved in the first two months of 2023, compared to the same two months in 2024. It's an interesting time for British homeowners and prospective sellers as we observe an upward trajectory across the board.