Bungalows – now so rare they make good investments

Bungalows – now so rare they make good investments


Todays other news
There’s been a small improvement in the supply-demand ratio...
The most detailed analysis yet of 2025 property investment potential...
There's already been a surge of interest from ultra-wealthy US...
There will be a series of 15 minute information sessions...
Expert advice on what to go for (and what to...


New research from an over-50’s property company reveals that bungalow construction has dropped to account for just 1.2 per cent of all new-build completions.

Quickmove Properties has looked at the changing rate of bungalow construction between 2000 and 2020, the current market share of bungalows vs all dwelling stock, and the price of new-build bungalows compared to new park homes. 

The latest available data – which applies to 2021 – shows that there are around 1.8m bungalows in England, accounting for 7.6 per cent of the nation’s dwelling stock. What’s more, construction of new-build bungalows is on a steep decline. 

In 2000, bungalows accounted for an estimated 6.9 per cent of all new-build completions. By 2020, however, the completion of just 1,833 new bungalows meant that this market share had dropped to just 1.2 per cent. The average price of a bungalow has risen to £338,769 in England.

Sales Director at Quickmove Properties, Mark O’Dwyer, comment: “You’d be forgiven for thinking that bungalows have simply gone out of fashion and that’s why so few are now being built. But that’s not the case. In reality, demand for bungalows remains high but developers don’t see them as profitable enough to deliver in decent numbers. They can, for example, make much more money by building multi-level dwellings or blocks of flats, so that’s where their focus largely lies.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
There will be a series of 15 minute information sessions...
This index looks at an aggregate of the top four...
Two additional penthouses go on sale early in 2025...
Prices and sales volumes will grow in 2025 despite the...
The Budget has forced a revision of forecasts for the...
There’s a warning that over 130,000 commercial properties are ‘at...
The Budget next week could spell financial shock for investors,...
Recommended for you
Latest Features
There’s been a small improvement in the supply-demand ratio...
The most detailed analysis yet of 2025 property investment potential...
There's already been a surge of interest from ultra-wealthy US...
Sponsored Content
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...
Property investors, This one's for you. Lendlord's latest Deal Analyser...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here