Product Code: bld114.21
This is the first AMA report to provide a review of the private housing market for repairs, maintenance and improvements (RMI). It is a companion report to another first time report on social housing RMI.
TABLE OF CONTENTS
1. INTRODUCTION 9
- 1.1 SCOPE OF THIS REPORT 9
- 1.2 SOURCES OF INFORMATION 9
2. SUMMARY 10
- 2.1 MARKET SIZE AND TRENDS 10
3. UK PRIVATE HOUSING RMI MARKET 13
- 3.1 MARKET SIZE AND RECENT TRENDS 13
- 3.2 GENERAL MARKET INFLUENCES (OTHER THAN THE IMPACT OF THE COVID-19 PANDEMIC) 15
- 3.2.1 Socio-economic factors 15
- 3.2.2 Trends in private sector housing stock 18
- 3.2.3 House price movements 22
- 3.2.4 House sales 24
- 3.2.5 Householder development planning applications 25
- 3.2.6 Decline in DIY skills and increase in demand for tradesmen 27
- 3.2.7 Shortages of on-site trades and professionals 28
- 3.2.8 Impact of Covid-19 on demand for trades 30
4. PRIVATE HOUSING RMI DEMOGRAPHIC PROFILE 32
- 4.1 OVERVIEW AND DEFINITIONS 32
- 4.2 HOUSEHOLD DISPOSABLE INCOME AND RMI EXPENDITURE 32
- 4.3 RMI SPENDING BY HOUSEHOLD DEMOGRAPHICS 35
5. UK PRIVATE HOUSING RMI BY ACTIVITY 37
- 5.1 OVERVIEW 37
- 5.2. MIX BETWEEN DIY AND USING TRADESMEN, CONTRACTORS 37
- 5.3 MAJOR ALTERATIONS AND IMPROVEMENTS TO DWELLINGS 37
- 5.3.1 Extensions 37
- 5.3.2 Loft and basement conversions 39
- 5.3.3 Central heating installations 41
- 5.3.4 Replacement windows and doors 42
- 5.3.5 Loft and external wall insulation 43
- 5.3.6 Replacement bathrooms and 'wetroom' installations 45
- 5.3.7 Kitchen refit 46
- 5.3.8 Replacement roofing 47
- 5.3.9 Other products 48
- 5.3.10 Conservatories and glazed extensions 50
- 5.4 LOWER VALUE GENERAL MAINTENANCE AND REPAIRS 50
6. CONTRACTORS 52
- 6.1 OVERVIEW 52
- 6.2 PLUMBING, HEATING AND AIR-CONDITIONING SERVICES 52
- 6.3 ELECTRICAL CONTRACTORS 53
- 6.4 ROOFING CONTRACTORS 54
- 6.5 GLAZING FIRMS 55
- 6.6. GENERAL BUILDERS 56
- 6.7. KITCHEN FITTERS 56
- 6.8. INSULATION INSTALLERS 57
APPENDICES 58
APPENDIX A: ECONOMIC ENVIRONMENT 58
A.1 OVERVIEW AND OUTLOOK 58
A.2 GDP 58
A.3 INFLATION & INTEREST RATES 60
A.4 EMPLOYMENT & WAGES 61
A.5 HOUSEHOLD CONSUMPTION 61
A.6 STERLING 62
TABLES AND CHARTS
- CHART 1: GB PRIVATE HOUSING RMI - CONTRACTORS' OUTPUT (£BN NON-SEASONALLY ADJUSTED) 2016 - 2020 AND FORECASTS TO 2025 10
- CHART 2: GB PRIVATE HOUSING RMI - CONTRACTORS' OUTPUT (£BN NON-SEASONALLY ADJUSTED) 2016 - 2020 AND FORECASTS TO 2025 13
- CHART 3: GB PRIVATE HOUSING RMI - CONTRACTORS' OUTPUT (£BN NON-SEASONALLY ADJUSTED) JANUARY 2020 TO MARCH 2021 14
- CHART 4: GB TOTAL HOUSING RMI-CONTRACTORS' OUTPUT (£M NON-SEASONALLY ADJUSTED, CURRENT PRICES) BY REGION Q1 2020 TO Q1 2021 15
- TABLE 5: POPULATION OF UK AND REGIONS 2009 - 2019 16
- TABLE 6: POPULATION FORECASTS FOR UK AND REGIONS 2020-2030 17
- TABLE 7: ENGLAND - HOUSEHOLD SIZE ESTIMATES 2018 -2043 17
- CHART 8: UK - NUMBER OF PRIVATE SECTOR DWELLINGS 2013-2020 18
- TABLE 9: UK - NUMBER OF PRIVATE DWELLINGS 2015-2020 18
- CHART 10: ENGLAND - HOUSEBUILDING STARTS AND COMPLETIONS BY PRIVATE ENTERPRISE (000S) 2010-2020 19
- CHART 11: SOCIAL HOUSING SALES IN ENGLAND, 2009/10 TO 2019/20 20
- TABLE 12: ENGLAND - COMPONENTS OF NET ADDITIONAL HOUSING SUPPLY 2015/16 - 2019/20 21
- CHART 13: UK - PRIVATE HOUSING MIX BETWEEN OWNER OCCUPATION AND PRIVATE RENTAL 2013-2020 22
- CHART 14: UK AVERAGE HOUSE PRICES 2009-2020 23
- TABLE 15: AVERAGE UK HOUSE PRICES (£S) 2020 - 2021 23
- CHART 16: GB PROPERTY SALES VOLUMES (000S) 2010-2020 24
- TABLE 17: GB PROPERTY SALES (NEW BUILD AND EXISTING PROPERTIES 2010 - 2020 25
- TABLE 18: ENGLAND - NUMBER OF HOUSEHOLDER DEVELOPMENTS GRANTED PERMISSION 2010-2020 25
- CHART 19: REGIONAL ANALYSIS OF HOUSEHOLDER DEVELOPMENTS GRANTED (NUMBER) 2018, 2019 AND 2020 27
- TABLE 20: FEDERATION OF MASTER BUILDERS STATE OF TRADE SURVEY Q4 2020 % OF RESPONDENTS REPORTING SKILLED TRADES IN SHORT SUPPLY 29
- CHART 21: UK -MEDIAN AND MEAN REAL EQUIVALISED HOUSEHOLD DISPOSABLE INCOME OF INDIVIDUALS 2010-2020 32
- CHART 22: UK -AVERAGE ANNUAL HOUSEHOLD EXPENDITURE ON HOUSING RMI 2014/15 - 2019/20 33
- TABLE 23: AVERAGE ANNUAL HOUSEHOLD SPENDING ON HOUSING RMI, UK, 2014/15 - 2019/20 33
- TABLE 24: UK - GROSS DISPOSABLE HOUSEHOLD INCOME (GDHI) PER HEAD BY REGION 2013 - 2018 34
- CHART 25: UK - AVERAGE ANNUAL HOUSEHOLD EXPENDITURE ON HOUSING RMI BY REGION, 2019/20 34
- CHART 26: UK - AVERAGE ANNUAL HOUSEHOLD EXPENDITURE ON HOUSING RMI BY RETIRED/NON-RETIRED 2014/15-2019/20 35
- CHART 27: UK AVERAGE ANNUAL HOUSEHOLD EXPENDITURE ON HOUSING RMI BY AGE GROUP 2014/15 - 2019/20 36
- CHART 28: UK - AVERAGE ANNUAL HOUSEHOLD EXPENDITURE ON HOUSING RMI BY INCOME GROUP 2014/15 - 2019/20 36
- TABLE 29: ENGLAND - PLANNING PERMISSIONS GRANTED FOR HOME EXTENSIONS BY REGION 2019 - 2020 38
- CHART 30: ENGLAND - NUMBER OF LARGER HOUSEHOLDER EXTENSIONS APPROVED UNDER PERMITTED DEVELOPMENT RIGHTS 2015 - 2020 39
- TABLE 31: ENGLAND - PLANNING PERMISSIONS GRANTED FOR LOFT CONVERSIONS BY REGION 2019 - 2020 40
- CHART 32: VALUE OF REPLACEMENT WINDOWS BY SECTOR (DIRECT SELL, LA/HA, INDIRECT PRIVATE) - % BY VALUE 42
- CHART 33: UK - THERMAL INSULATION MARKET BY END USE APPLICATION BY AREA INSTALLED 2020 43
- CHART 34: TOTAL NUMBERS OF INSULATION MEASURES DELIVERED UNDER ECO BY TYPE (LOFTS, SOLID WALLS, ETC). TOTAL 1,878K INSTALLATIONS 2013 - 2020 44
- CHART 35: UK RETROFIT INSULATION MARKET BY APPLICATION BY AREA INSTALLED 2020. INSTALLED VOLUME = ~9.1 MILLION M² 44
- TABLE 36: GB POTENTIAL FOR INSULATION MEASURES IN EXISTING PROPERTIES AS OF DECEMBER 2019 45
- CHART 37: UK WETROOM MARKET % MIX BY TYPE OF INSTALLATION (NEW BUILD, DOMESTIC REFURBISHMENT, COMMERCIAL) BY NUMBER OF INSTALLATIONS 46
- CHART 38: FITTED KITCHEN SALES % MIX BY APPLICATION (NEW BUILD, REPLACEMENT, NEW PURCHASE) BY VALUE 46
- CHART 39: UK - DOMESTIC WOOD FLOOR FITTING % BY TYPE OF APPLICATION BY VALUE 2018/19 48
- CHART 40: UK MARKET FOR PAINT MIX BY END USE SECTOR (DIY, TRADE DOMESTIC & TRADE COMMERCIAL) BY VALUE 2019 49
- CHART 41: UK WALLCOVERINGS % MARKET MIX BY END USE CUSTOMER TYPE BY VALUE 2019 49
- TABLE 42: AVERAGE ANNUAL HOUSEHOLD SPENDING ON MAINTENANCE AND REPAIR, UK, 2014/15 - 2019/20 50
- TABLE 43: TYPICAL AVERAGE COSTS FOR RESIDENTIAL ELECTRICAL WORKS UK, 2020 51
- TABLE 44: PLUMBING, HEAT AND AIR-CONDITIONING ENTERPRISES BY EMPLOYMENT SIZE BANDS, 2020 52
- TABLE 45: PLUMBING, HEAT AND AIR-CONDITIONING ENTERPRISES BY TURNOVER SIZE BANDS, 2020 53
- TABLE 46: ELECTRICAL CONTRACTING ENTERPRISES BY EMPLOYMENT SIZE BAND, 2020 53
- TABLE 47: ELECTRICAL CONTRACTING ENTERPRISES BY TURNOVER SIZE BANDS, 2020 54
- TABLE 48: ROOFING ENTERPRISES BY EMPLOYMENT SIZE BAND, 2020 54
- TABLE 49: ROOFING ENTERPRISES BY TURNOVER SIZE BAND, 2020 54
- TABLE 50: GLAZING AND PAINTING ENTERPRISES BY EMPLOYMENT SIZE BAND, 2020 55
- TABLE 51: GLAZING & PAINTING ENTERPRISES BY TURNOVER SIZE BAND, 2020 55
- TABLE 52: GENERAL BUILDING ENTERPRISES BY EMPLOYMENT SIZE BAND, 2020 56
- TABLE 53: GENERAL BUILDING ENTERPRISES BY TURNOVER SIZE BAND, 2020 56
- TABLE 54: JOINERY INSTALLATION ENTERPRISES BY EMPLOYMENT SIZE BAND, 2020 57
- TABLE 55: JOINERY ENTERPRISES BY TURNOVER SIZE BAND,2020 57
CHART A1: GVA CHAINED VOLUME MEASURES KEY CONSTITUENT ELEMENTS - 2015-2020 59
CHART A2: CPI INFLATION AND BANK OF ENGLAND BASE RATE - 2008 TO 2023 60
CHART A3: AVERAGE WEEKLY EARNINGS DATA (GB) TOTAL PAY - 2014-2019 (SEASONALLY ADJUSTED) 61
CHART A4: DISPOSABLE INCOME PER CAPITA AND THE SAVINGS RATIO AT CURRENT PRICES - 2008-2023 62
CHART A5: EXCHANGE RATE FLUCTUATIONS - STERLING TO DOLLAR AND THE EURO SPOT RATES - 2015-2019 63