The average weekly expenditure per household on purchase or alteration of dwellings in the United Kingdom (UK) was close to 74 British pounds in the financial year ending 2022. Households spent an average of 29.5 British pounds per week on capital repayment of mortgages - a slight decline from the previous year. Home improvements was the second-highest expenditure and one of the categories with the most increase since 2021.
Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2022, by type
(in GBP)
Characteristic
Capital repayment of mortgage
Home improvements - contracted out
Purchase of second dwelling
Outright purchase of houses, flats etc. including deposits*
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Office for National Statistics (UK). (July 31, 2023). Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2022, by type (in GBP) [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). "Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2022, by type (in GBP)." Chart. July 31, 2023. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). (2023). Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2022, by type (in GBP). Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). "Average Weekly Household Expenditure on Purchase or Alteration of Dwellings and Mortgages in The United Kingdom (Uk) in 2022, by Type (in Gbp)." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK), Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2022, by type (in GBP) Statista, https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/ (last visited September 19, 2024)
Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2022, by type (in GBP) [Graph], Office for National Statistics (UK), July 31, 2023. [Online]. Available: https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/