18 Aug Demand for bungalows has gone through the roof!
With the new normal this year, it’s unsurprising that the types of homes we’re searching for has changed.
New research from our data analysts shows that the most sought after property types being enquired about are now exclusively houses and bungalows.
The desire for more space, a bigger garden and maybe even a spare room for a home office has led to flats falling out of fashion with both buyers and renters in the current market.
Buyers on the hunt for more space has led to two and three-bed flats going out of favour and four-bed and six-bed houses becoming more popular.
Meanwhile, renters looking for a garden has seen studio flats replaced with two-bed houses as the most sought after property type.
What does this trend look like?
Comparing the start of the year with May and also with the same month last year, all types of flat are now gone from the top five:
Many of us have spent lots more time indoors during this period, we’ve had time to reassess what we want from our next home.
During lockdown people have been re-evaluating what their must-haves are, and both buyers and renters are craving a home with its own outside space rather than a flat. It will be fascinating to see how the trends unfold over the course of the rest of the year.”