Areas where population growth exceeds delivery of new construction

The UK is in the throes of a housing crisis. And despite the need for more housing virtually everywhere, as you would expect, some areas are doing better than others.

Research from the new construction sales optimization platform, Unlatch, has revealed where across the country we need new homes the most based on the size of the housing market relative to a growing population.

The company analyzed the number of dwellings relative to population size and how this has changed over the past 10 years in each region of England and Wales, to reveal which areas of the housing market have the most no more need for new developments.

The latest figures show that across England, the housing stock stands at some 24.7 million compared to a population of just under 56.6 million. A housing per capita ratio of 0.436. Although the delivery of new homes has been a problem for a long time, data shows that this ratio has increased slightly over the past 10 years, from 0.434 units per capita.

In fact, every region in England and Wales has benefited from an increase, albeit marginal in some cases, with the exception of one – London.

Although the capital remains an area of ​​focus for housing delivery, London’s growing population has seen the number of homes per capita drop from 0.414 ten years ago to 0.404 today.

No wonder, then, that London is also responsible for 12 of the 20 biggest drops in housing stock per capita at the local authority level.

The City of London leads the way with the largest decline in the housing per capita ratio over the past decade (-0.095), while Camden, City of Westminster and Islington follow closely behind.

Tower Hamlets, Barking and Dagenham, Kingston, Havering, Redbridge, Hackney, Hillingdon and Bexley also rank in the top 20 areas to see a growing population reducing the level of housing availability.

Outside of London, Coventry has seen the greatest pressure on the local housing market. The number of dwellings per capita fell from 0.424 a year ago to 0.380 today, a decrease of -0.043.

Welwyn Hatfield, Guildford, Brighton and Hove, Nottingham, Runnymede, Thurrock and Manchester are also among the areas with the largest decline in housing stock per capita.

Lee Martin, UK manager for Unlatch, says: “The delivery of new homes is always a hot topic and it’s fair to say that we are in desperate need of more homes across the country. However, some areas certainly have more needs than others and this is largely due to the fact that the local populations are increasing at a faster rate than we can actually build houses.

“London is arguably the poorest in this regard and it is the only region that has seen the number of homes per capita decline compared to ten years ago. Of course, the biggest challenge for home builders is not only to deliver enough units, but to do so at an affordable price point for the average buyer.

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