PLAYING THE LONG GAME

News at Ware & Co | 25/07/2023

  • The Ashes are over for another year but with the cricket season still very much in play, we take a nostalgic look at changes in the housing market over previous series.
  • The last time England won the Ashes was eight years ago in 2015 at home, and since then we've seen the average house price increase by 31% across England and Wales with an average annual growth rate of 3.8%.
  • Between series, the strongest growth was occurred between the 2002/03 and 2005 Ashes, with a 20% uplift and an England win at home, which included the famous Edgbaston test and the urn after 16 years!
  • The slight dip in growth during the 2010/11 series occurred at the same time as a rise in the inflation rate, which hit 4.5%. This was the first time in 24 years that England had won The Ashes in Australia.
 
Source: #Dataloft, Land Registry, Rate Inflation

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