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Value of UK private housing breaks £5 trillion

By: Language: English Series: Halifax Press Release ; 22 November 2014Publication details: 2014Subject(s): Online resources: Summary: The value of UK's private housing stock in 2014 is estimated to be worth £5.06 trillion compared with £3.22 trillion in 2004; an increase of £1.83 trillion, or 57% between 2004 and 2014. 7.2 million households in England own their home outright and are mortgage free. Increase in private new build contributed to growth in value of the housing stock. Notes growth across all regions.

The value of UK's private housing stock in 2014 is estimated to be worth £5.06 trillion compared with £3.22 trillion in 2004; an increase of £1.83 trillion, or 57% between 2004 and 2014. 7.2 million households in England own their home outright and are mortgage free. Increase in private new build contributed to growth in value of the housing stock. Notes growth across all regions.