Britain’s Home Moving Hotspots Revealed

Britain’s Home Moving Hotspots Revealed

Where have we moved home the most? – Britain’s home moving hotspots revealed

Nearly 800,000 home moves have taken place in the last year, meaning 2.6% of Britain’s entire property market chose to up sticks and moved home despite numerous periods of lockdown restrictions and the wider ongoing problems caused by the pandemic.

The latest market insight by national estate agent, Keller Williams UK, analysed the number of homes sold across England, Wales and Scotland over the last 12 months and what this equates to as a percentage of total residential housing stock, to highlight where Britain’s home moving hotspots.

Note: Home movers refers to the whole house rather than several individuals moving home who might live within the same property.

Scotland Moves the Most

The research shows that Scotland moves the most, with 81,751 transactions in the last 12 months equating to 3.1% of all homes in the country.

It is no surprise that Scotland accounts for seven of the top 15 home moving hotspots at a local authority (LA) level, with East Lothian seeing 4.1% of all homes hit the market in the last 12 months. Midlothian (3.9%), East Renfrewshire (3.7%), South Lanarkshire (3.7%) and Renfrewshire (3.5%) also rank as some of Britain’s most prominent home mover hotspots.

England Home Moving Hotspots

2.6% of all households made a move across England over the last 12 months, with the South West (2.9%), the South East (2.8%) and East Midlands (2.8%) ranking top.

However, it’s Harborough in Leicestershire that tops the table at LA level, with 1,477 transactions completed in the last year resulting in 3.7% of the total property market moving in the area.

South Derbyshire (3.6%), North West Leicestershire (3.5%), Central Bedfordshire (3.4%) and Bracknell Forest (3.4%) also moved the most of all areas in England.

Who is Wandering in Wales?

2.3% of the total Welsh property market decided to move last year, with Vale of Glamorgan seeing this figure increase to 3%, the highest in Wales. Bridgend also saw a large number of home movers with 2.8% of all homes in the area selling, along with Conwy (2.6%), Denbighshire, Newport and Flintshire (2.5%).

London the Lowest

At just 1.9%, the capital saw the smallest number of home movers in relation to market size, although this did climb to 2.9% in Bromley, making it the capital’s home moving hotspot.

Havering (2.8%), Bexley (2.7%), Richmond (2.6%) and Kingston (2.5%) also ranked high.

CEO of Keller Williams UK, Ben Taylor, commented:

“Although 2.6% of households choosing to move doesn’t sound high, it’s important to remember this is in relation to 28.5m total homes across Britain and against a backdrop of pandemic uncertainty and lockdown restrictions.

In this context, nearly 800,000 successful home moves is pretty impressive, and the fact we’ve managed it while also juggling the strange new normal of lockdown life is pretty commendable.

Of course, the dangling carrot of a stamp duty saving would have helped boost these figures. With a potential deadline extension on the way, we should see the number of us selling up and moving on remain high.”

The Data Explained

Data in the below tables is based on transaction data from Gov.uk over the last 12 months from the latest available point of October 2020. Source: Gov.uk UK House Price Index – Sales.

Demand for Rural Homes due to Covid
New Demand for Rural Homes

Estimated dwelling stock levels sourced from: –

England: Gov.uk, Live Tables on Dwellings Stock

Scotland: Gov.scot, Housing Statistics

Wales: Gov.wales, Dwelling Stock Estimates

Transactions as a percentage of dwellings stock is based on transactions divided by total dwellings.

 

Table shows the number of sales in the last 12 months by each area and what percentage of total housing stock this equates to
Location Estimated dwelling stock Transactions Transactions as a % of dwellings stock
England 24,413,501 634,815 2.6%
Scotland 2,605,000 81,751 3.1%
South West 2,579,210 74,528 2.9%
South East 3,943,537 111,553 2.8%
East Midlands 2,103,080 58,862 2.8%
East of England 2,705,425 74,896 2.8%
Yorkshire and The Humber 2,440,528 65,221 2.7%
North West 3,300,088 87,283 2.6%
North East 1,236,808 31,269 2.5%
West Midlands Region 2,512,503 62,837 2.5%
Wales 1,437,567 33,701 2.3%
London 3,592,322 68,366 1.9%
Great Britain 28,456,067 750,267 2.6%
       
       
Table shows the biggest home moving hotspots in Britain at local authority level
Location Estimated dwelling stock Transactions Transactions as a % of dwellings stock
East Lothian 48,000 1,954 4.07%
Midlothian 40,000 1,555 3.89%
Harborough 39,891 1,477 3.70%
East Renfrewshire 39,000 1,433 3.67%
South Lanarkshire 151,000 5,528 3.66%
South Derbyshire 45,363 1,619 3.57%
Renfrewshire 87,000 3,072 3.53%
West Lothian 79,000 2,742 3.47%
North West Leicestershire 45,513 1,579 3.47%
Perth and Kinross 72,000 2,481 3.45%
Central Bedfordshire 121,347 4,154 3.42%
Bracknell Forest 50,231 1,717 3.42%
Rugby 47,113 1,608 3.41%
South Norfolk 61,926 2,100 3.39%
South Northamptonshire 40,033 1,357 3.39%

About Dylan Garton

Dylan Garton is a co-founder, video producer and editor for the Skill Builder social media platforms.

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