10 Feb 2023

Population increases in most age groups

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  • In the decade up to 2021, the population of 30-somethings grew by more than 700,000 in England and Wales.
  • Given that the average age of a first-time buyer is 33.8 years, that’s a lot of people who might be ready to buy their first home.
  • Over the same period, the number of over-60s grew, by almost 2 million. This is a cohort who might be contemplating downsizing, or a significant lifestyle change.
  • Every 10 years the Census documents the way we live and who we live alongside in England and Wales. It makes fascinating reading for anyone interested in the housing market and Census 2021 is no exception.

Source: Dataloft, Census 2011 and Census 2021 (ONS), Statista