British Political Data
UK · Housing

Housing

House prices, housing supply, and the UK's growing deficit.

House prices

House prices since 1952

Nominal prices hide the role of inflation. The 1980-pound line strips it out — the gap between the two lines is the share of the rise that is pure inflation, the line itself is the real (inflation-adjusted) increase.

UK average house price, 1952–2025

Nominal £Price in 1980 £
£0£50k£100k£150k£200k£250k£300k1980 · Average price £22,6771989 · Late-80s boom1995 · Post-crash low2007 · Pre-financial-crisis peak2009 · Credit crunch2022 · Post-COVID peak £274,2181960197019801990200020102020
£22,677 → £268,000Nominal price increase 1980–2024 (11.8×)
£22,677 → £55,833In 1980 money, houses cost 2.5× more today
3.5× → 8.0×Price-to-earnings ratio, 1980 vs 2024

The housing deficit

The housing deficit

England's housebuilding has run below target almost every year since 2006. The dashed line shows the official target (200k pre-2016, 300k from 2016). The gap between the bars and the line is the annual shortfall.

England homes built per year vs target, 2006–2025

Homes builtTarget
0k50k100k150k200k250k300k350k20062008201020122014201620182020202220242025
6.5 millionMissing homes vs European average (CPS, 2025)
446 vs 542UK homes per 1,000 people vs European average
208,600Homes built in 2024-25 (England)
565,000/yearNeeded to close the gap by 2040

Homes per 1,000 people — UK vs European peers

UK
446
Germany
516
European avg
542
France
560

Research

Population growth vs infrastructure

From the Centre for Policy Studies — How Many Homes Does the UK Need? (2025)

Population growth and capital stock — England's population grew 6.6% between 2011 and 2021, but infrastructure has not kept pace. GP premises grew 4.0%, secondary schools 4.9%, while electricity generation capacity fell 14.2%.
Change in population and number of dwellings in England, five-year moving average. Net migration (blue bars) has driven population growth well above the rate of new dwelling construction (red line) since the mid-2000s.
Actual and required growth in the housing stock in England, April 2013 – March 2023. Of 3.4 million homes needed, only 2.1 million were built — leaving 1.3 million in unmet demand, predominantly driven by net migration.

Charts reproduced from How Many Homes Does the UK Need? by Ben Hopkinson, Centre for Policy Studies (CPS), July 2025. Original data sources: DLUHC, ONS, CPS analysis. Read the full report →

Then & now

1980 vs 2024 — what your money buys

The headline housing-cost story is real, but it sits alongside a less-noticed shift in tenure: ownership has barely moved, while the social-rented sector has halved and the private-rented sector has doubled.

19802024
Average house price£22,677£268,000
In 1980 pounds£22,677£55,833
Price-to-earnings ratio~3.5×~8.0×
Home ownership rate~58%62.5% (2021)
Peak ownership (2003)—71% (declined since)
Social rented~32%17.1% (2021)
Private rented~10%20.3% (2021)

Despite a 2.5× real increase in house prices, the home ownership rate has barely changed since 1980. The main shift has been from social renting (halved from ~32% to 17%) to private renting (doubled from ~10% to 20%). Right to Buy transferred ~2 million council homes to private ownership.

Sources: Nationwide Building Society house price index, ONS CPI, MHCLG housing supply statistics, Centre for Policy Studies (2025), Centre for Cities (2023), Census 2021.

Asylum accommodation

People receiving asylum support, by local authority

The Home Office provides housing and/or a weekly allowance to people seeking asylum who would otherwise be destitute, while their claim or appeal is decided, and to some refused applicants who cannot yet leave the UK. Most are placed in longer-term dispersal housing, provided by Home Office contractors and mostly rented from private landlords; when that runs short, contingency accommodation such as hotels is used. People granted refugee status leave asylum support. Figures count people, including children and other dependants, at the date shown, and are recorded against the local authority of their registered address.

People receiving asylum support in the UK, by quarter

All people supportedIn contingency accommodation

Includes dependants. Contingency accommodation (mainly hotels) is only identified separately from December 2022. The total peaked at 123,758 on 30 September 2023, and the number in contingency accommodation at 58,469 on 30 September 2023; on 30 June 2026 the figures were 93,293 and 17,276.

020,00040,00060,00080,000100,000120,000140,0002014201620182020202220242026-06
  • Asylum support — latest: 30 June 2026 · Home Office · next update 26 November 2026

Sources

Data sources