Blog Post

The impact of an election on house prices

TomS - Head Tom Simper May 14, 2024, 12:00 PM

With an upcoming election, we examined the impact of the past six elections on prices in the housing market.

The average price growth in the three months leading up to an election was 2.2%, whilst the three months following showed similar growth at 2.1%.

Price growth in the three months following an election only outperformed the preceding period in two out of the last six elections (2015 and 2019).

Waiting until after the election to put your property on the market, in the hope of achieving a higher price, could be a risky strategy. With spring underway and market activity bouncing back, now could be the best time to sell. Source: #Dataloft by PriceHubble, UK HPI December 2023, for elections 2001, 2005, 2010, 2015, 2017, 2019

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"I was shown around a property by Abbey Bird, it was a lovely viewing"

- Sophia

"nothing written"

- Nadeeka Edirisinghalage

"I would like to thank Abbey for all her help and support she offered"

- Marie

"Abby was prompt to respond to inquiries and very pleasant"

- Christian

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"Sean was really lovely on our inspection. Quick, easy and efficient. Thank you!"

- Roberta

"Abbey was very nice and explanatory in all she was saying and Gill is quick to respond"

- Tope

"A great company and great experience."

- Andrew