Only 1 In 9 Warrington Properties Are Bungalows, Despite An Ageing Population. Why?

Posted on: 16 August 2021

Only 1 in 9 Warrington Properties are Bungalows, Despite an Ageing Population. Why?

 in 5 people in the UK are of retirement age, yet only 1 in 14 homes in the country are bungalows. Looking locally in Warrington, 1 in 9 homes are bungalows.

 

So, with an aging population and only 1 in 55 new build properties being built being bungalows, this is causing a blockage in the Warrington and national property market. 

 

This means there are younger Warrington families unable to move to bigger family homes as the older generation have nothing to move to.

 

If you are a Warrington homeowner, no matter what your age is, you may find this article of interest.

 
Please continue reading this blog here:
 
https://warringtonproperty.blogspot.com/2021/08/only-1-in-9-warrington-properties-are.html

Share:


Recent Articles

7 November 2024

Bank Of England Update: November 2024

In a move that has both analysts and homeowners buzzing, the Bank of England's Monetary Policy Committee (MPC) has decided to reduce the Bank Rate from 5% to 4.75%. This decision, announced on 7 November 2024, marks the second rate cut this year, reflecting the Bank's confidence in the UK's...

5 September 2024

Warrington Property Update, August 2024

As we wrap up the summer of 2024, it’s time to take a look at the property market, both nationally and right here in Warrington. Spoiler alert: it’s been a wild ride. Property prices continue to steal the limelight with their unpredictable behaviour, and whether you’re buying,...

8 August 2024

Warrington Property Update, July 2024

As we sip our morning cuppa and ponder over the ever-changing property market, it's time to delve into what’s been happening to property prices both nationally and here in lovely Warrington. Spoiler alert: there’s plenty to discuss! National Overview: Let’s start with the...

instant online valuation

Get an instant online valuation

Find out how much your property is worth