Making sense of Census 2021: population increase
In the decade up to 2021, the population of 30-somethings grew by more than 700,000 in England and Wales.
Given that the average age of a first-time buyer is 33.8 years, that’s a lot of people who might be ready to buy their first home.
Over the same period, the number of over-60s grew, by almost 2 million. This is a cohort who might be contemplating downsizing, or a significant lifestyle change.
Every 10 years the Census documents the way we live and who we live alongside in England and Wales. It makes fascinating reading for anyone interested in the housing market and Census 2021 is no exception.
Source: Dataloft, Census 2011 and Census 2021 (ONS), Statista
Sign up to our mailing list
Get tips like this along with the latest property market news straight to your inbox by signing up
Want to sell or let your property ?
We are estate agents and letting agents in Leytonstone, E11 and we are specialists in the London property market. Request a free valuation and one of our experts will get in touch with you to discuss how we can help you