Home moves through the roof as Brits get packing post property industry lockdown
July 1, 2020
- Since property lockdown eased on the 13th of May, the number of people moving home has increased by 29%
- In the first week alone, the uplift was 68%
- During lockdown, the number of people moving house fell by a quarter in the first four weeks
According to the latest data from home setup service Just Move In, the number of households moving has accelerated drastically since the easing of the property industry lockdown.
Just Move In’s data shows that in the five short weeks since restrictions were eased on the 13th May, the number of people moving has exceeded the total seen throughout the seven previous weeks of lockdown by 28%.
Over the first four weeks of lockdown, the number of people moving house fell by an average of -25%.
The total number of moves declined by 12% week-on-week across the full seven weeks of lockdown.’
However, since the 13th of May, the number of people moving home each week has exploded with an average week-on-week increase of 29%; driven by a huge uplift of 68% in the first week alone.
|
Data Point
|
Lockdown
|
End of Lockdown
|
||||||||||
|
W/C
|
23/03/2020
|
30/03/2020
|
06/04/2020
|
13/04/2020
|
20/04/2020
|
27/04/2020
|
04/05/2020
|
11/05/2020
|
18/05/2020
|
25/05/2020
|
01/06/2020
|
08/06/2020
|
|
Week to week change
|
-29.9%
|
-22.8%
|
-31.1%
|
-17.0%
|
35.2%
|
3.0%
|
-21.3%
|
67.5%
|
22.6%
|
0.6%
|
23.8%
|
32.9%
|
|
Average weekly change
|
-12%
|
29%
|
||||||||||
|
Total change in volume pre and post lockdown
|
<
|
28%
|
>
|
|||||||||
You May Also Enjoy
Property values hit £300k for first time
The latest Halifax House Price Index for January 2025. On a monthly basis, house prices increased by 0.7% between December and January, reversing the decline of -0.5% seen between November and December of last year. Annually, house prices were up 1% versus this time last year, with this annual rate of growth accelerating when…
Read More 
Average UK house price rises at the start of 2026
• House prices increased by +0.7% in January, following a -0.5% fall in December • Average property price is now £300,077, rising above £300k for the first time • Annual growth at +1.0%, up from +0.4% in December • Regional differences in house price performance have become more pronounced Amanda Bryden, Head of Mortgages,…
Read More 
London basements boost value by up to 20%
The latest market analysis by prime London property brokerage, Jefferies London, reveals that London homebuyers who want to secure a property with a basement face a tough task. Not only do these much sought-after spaces increase a property’s value by up to 20%, but they’re also incredibly rare, found in only 2% of the capital’s…
Read More 
Bailey applies the brakes but ‘two more 2026 cuts priced in’
Vote to hold rates ‘closer than expected’ as Bank of England eyes April for 2% inflation target Focus turns to US and Japan in impact they play on shape of global investment flows says Rathbones’ Head of Market Analysis Kirsten Pettigrew, Senior Financial Planner, warns of making financial decisions based on speculation around rate trajectories…
Read More 
Bank of England to hold interest rates at 3.75%
Following the Bank of England’s decision to hold interest rates at 3.75%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgages expert says: “Today’s Bank Rate hold was widely expected given underlying inflation and wage growth data, and it’s currently likely we’ll see the next Bank Rate cut in June. Average mortgage rates…
Read More 
Building Safety Approval Process Urgently Needs Fixing
Bradley Lay, a Leading Construction M&A Expert Calls on Government to Urgently Fix Building Safety Approval Process as Insolvencies Surge A leading UK construction expert has called on the Government to urgently reassess the Building Safety Regulator (BSR) approval process, warning that delays in the current system are “slowly killing the economy”, triggering thousands of…
Read More