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2 | Data tables | ||||||||||
3 | Downsizers as estimated proportion of sales maket, data sourced from Really Moving | ||||||||||
4 | Sales volume data (2023) sourced from the UK House Price Index | ||||||||||
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7 | Table shows an estimate of how many bedrooms downsizers relinquished in 2023, based on transaction data, and previous survey data about how many bedrooms downsizers give up when buying a smaller property | ||||||||||
8 | Location | Ave downsizing % - 2023 | Total sales vol - 2023 | Est downsizer sales vol - 2023 | 1 bed - 65.1% | 2 beds - 24.7% | 3 beds - 7.4% | 4 beds - 1.4% | 5+ beds - 1.4% | Est total downsizer bedrooms relinquished | |
9 | South East | 35.9% | 98,755 | 35,494 | 23,107 | 17,534 | 7,880 | 1,988 | 2,485 | 52,993 | |
10 | South West | 36.7% | 67,170 | 24,618 | 16,026 | 12,161 | 5,465 | 1,379 | 1,723 | 36,754 | |
11 | East of England | 36.0% | 65,575 | 23,585 | 15,354 | 11,651 | 5,236 | 1,321 | 1,651 | 35,213 | |
12 | North West | 28.5% | 78,158 | 22,249 | 14,484 | 10,991 | 4,939 | 1,246 | 1,557 | 33,218 | |
13 | Scotland | 20.8% | 91,745 | 19,091 | 12,428 | 9,431 | 4,238 | 1,069 | 1,336 | 28,502 | |
14 | Yorkshire and the Humber | 31.4% | 59,392 | 18,639 | 12,134 | 9,208 | 4,138 | 1,044 | 1,305 | 27,828 | |
15 | London | 27.2% | 64,895 | 17,662 | 11,498 | 8,725 | 3,921 | 989 | 1,236 | 26,370 | |
16 | West Midlands region | 31.0% | 55,730 | 17,286 | 11,253 | 8,539 | 3,837 | 968 | 1,210 | 25,807 | |
17 | East Midlands | 30.2% | 51,931 | 15,666 | 10,198 | 7,739 | 3,478 | 877 | 1,097 | 23,389 | |
18 | Wales | 31.2% | 32,471 | 10,136 | 6,599 | 5,007 | 2,250 | 568 | 710 | 15,134 | |
19 | North East | 31.6% | 30,807 | 9,745 | 6,344 | 4,814 | 2,163 | 546 | 682 | 14,550 | |
20 | Northern Ireland | 17.3% | 21,495 | 3,720 | 2,422 | 1,838 | 826 | 208 | 260 | 5,555 | |
21 | United Kingdom | 32.0% | 718,127 | 229,621 | 149,483 | 113,433 | 50,976 | 12,859 | 16,073 | 342,824 | |
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24 | Survey of 6,889 UK home sellers carried out by ProperPR on behalf of Astons via consumer research platform Find Out Now (4th August 2023). | ||||||||||
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26 | If you downsized, how many bedrooms have you relinquished? | ||||||||||
27 | Answer | Respondents | |||||||||
28 | 1 | 65.1% | |||||||||
29 | 2 | 24.7% | |||||||||
30 | 3 | 7.4% | |||||||||
31 | 4 | 1.4% | |||||||||
32 | 5 or more | 1.4% |