Census data shows privately rented households increased by 50%

by Property 118

4 years ago

Census data shows privately rented households increased by 50%

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Census data shows privately rented households increased by 50%

The Office for National Statistics have today released figures analysing household data from the 2011 Census compared to 2001.

The biggest news for the PRS is that 18% of all occupied household spaces were privately rented, an increase from 12% in 2001. That’s a 50% increase in the ratio in 10 years!

This was the largest increase of all housing tenure types with the owner occupied category decreasing from 69% to 64% during the same 10 year period.

Table 7: Household size and tenure type for England and Wales, 2011 and 2001

Household size Owner occupied Social rented Private rented
2011
1 person 55.3 25.1 19.7
2 persons 70.3 13.0 16.8
3 persons 65.5 15.7 18.9
4 persons 71.0 13.4 15.6
5 persons 62.9 18.8 18.4
6+ persons 53.3 23.6 23.1
All households 64.3 17.6 18.0
2001
1 person 57.2 27.0 15.8
2 persons 74.5 14.6 10.9
3 persons 72.1 17.2 10.7
4 persons 77.7 14.2 8.1
5 persons 70.5 19.7 9.8
6+ persons 60.6 27.7 11.7
All households 68.9 19.2 11.9

Table source: Office for National Statistics

As summarised by the ONS:

“Table 7 summarises household size and housing tenure type for England and Wales, comparing 2011 with 2001. There had been a consistent decline in owner occupation and social renting for all household size groups, with the decline most dramatic in the larger household sizes. All household sizes experienced an increase in private renting, most notably among the larger households (for example the proportion of four person households in the private rented sector doubled). This trend may reflect the general rise in house prices relative to wages in recent years and the growth of Other households where unrelated people are sharing accommodation (including students and younger workers).”



Comments

Neil Patterson

4 years ago

A 50% increase in households privately rented in 10 years. That is massive and can only have increased in the last 2-3 I would have thought.

Mark Alexander

4 years ago

10 years ago I was delivering seminars to thousands of landlords across the length and breadth of the UK.

I predicted this!

TOLD YOU SO 🙂

Still a long way to go before our PRS catches up with other parts of Europe though, Switzerland and Germany being the primary examples.
.

Neil Patterson

4 years ago

Reply to the comment left by "Mark Alexander" at "29/05/2014 - 14:03":

I knew you would say I told you so LOL

4 years ago

The other hugely important statistic from a few months ago is that the private rented sector became bigger than the social housing sector for the first time in history!

The housing and property market are going to be a top 2 issue leading up to the May 2015 Election and we are already seeing politicians trying to score points in this arena.

I was lucky enough to interview Nigel Farage about UKIP's housing policy two years ago and he indicated that the U.K. was heading towards a far more European model with far more people in rented accommodation and it being considered a viable alternative to ownership.

http://www.propertytribes.com/pt-tv-interview-with-nigel-farage-mep-leader-t-4909.html

He also expressed the insanity of landlords not being paid direct for LHA rental payments!!

Neil Patterson

4 years ago

Reply to the comment left by "Mark Crampton Smith" at "30/05/2014 - 12:48":

Very Good little snap shot Mark thanks for that 🙂


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