The average weekly expenditure per household on purchase or alteration of dwellings in the United Kingdom (UK) was close to 71.1 British pounds in the financial year ending 2023. Households spent an average of 30.6 British pounds per week on capital repayment of mortgages - a slight decline from the previous year. Home improvements were 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 2023, 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). (August 23, 2024). Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2023, by type (in GBP) [Graph]. In Statista. Retrieved November 23, 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 2023, by type (in GBP)." Chart. August 23, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). (2024). Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2023, by type (in GBP). Statista. Statista Inc.. Accessed: November 23, 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 2023, by Type (in Gbp)." Statista, Statista Inc., 23 Aug 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 2023, by type (in GBP) Statista, https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/ (last visited November 23, 2024)
Average weekly household expenditure on purchase or alteration of dwellings and mortgages in the United Kingdom (UK) in 2023, by type (in GBP) [Graph], Office for National Statistics (UK), August 23, 2024. [Online]. Available: https://www.statista.com/statistics/502321/dwellings-mortgages-pension-funds-weekly-household-expenditure-united-kingdom-uk/
