United Kingdom - Housing Starts





United Kingdom: Housing Starts

Mnemonic HST.IGBR
Unit #, NSA
Adjustments Not Seasonally Adjusted
Quarterly 10.38 %
Data 2017 Q4 43,510
2017 Q3 48,550

Series Information

Source Department for Communities and Local Government (DCLG) - U.K.
Release Housebuilding starts and completions
Frequency Quarterly
Start Date 3/31/1978
End Date 12/31/2017

United Kingdom: Real Estate

Reference Last Previous Units Frequency
House Price Index Nov 2018 429.17 427.79 1993Q1=100, SA Monthly
House Price Value Nov 2018 214,044 214,534 GBP, NSA Monthly
House Price Index for Existing Homes 2018 Q3 431.98 428.12 1993Q1=100, NSA Quarterly
House Price Index for New Homes 2018 Q3 468.97 466.97 1993Q1=100, NSA Quarterly
House Price Value for Existing Homes 2018 Q3 252,145 249,890 GBP, NSA Quarterly
House Price Value for New Homes 2018 Q3 184,814 184,026 GBP, NSA Quarterly
Building Completions 2017 Q4 55,060 43,900 #, NSA Quarterly
Housing Starts 2017 Q4 43,510 48,550 #, NSA Quarterly
Residential Building Completions 2017 Q4 55,060 43,900 #, NSA Quarterly
Vacancy 2016 22,635 22,456 Thousands Annual
Dwelling Stocks 31 Mar 2014 28,073 27,914 Ths. # 365 days

Release Information

Statistical release showing the provisional number of dwelling starts and completions (residential stage of construction), in the U.K. and its regions and districts, quarterly and annual.

Construction started

A house or flat is counted as started on the date work begins on the laying of the foundation, including ‘slabbing’ for houses that require it, but not including site preparation. Thus when foundation work commences on a pair of semi-detached houses 2 houses are counted as started, and when work begins on a block of flats all the dwellings in that block are counted as started. The starts of houses in building schemes are usually phased over a period of weeks or even, in very large schemes, months.

The figures shown for starts are derived from records kept for building control purposes. It is sometimes difficult for data providers to identify whether a dwelling is being built for a Registered Social Landlord or for a private developer. This is because sometimes the builders themselves are not sure of the precise ownership or the ownership may keep evolving and it is not final until it was sold. This may lead to an understatement of Registered Social Landlord starts and completions recorded in these tables, and a corresponding overstatement of private enterprise figures. The problem is more likely to occur with starts than completions.

Constructions completed

In principle, a dwelling is regarded as completed when it becomes ready for occupation or when a completion certificate is issued whether it is in fact occupied or not. In practice, there are instances where the timing could be delayed and some completions are missed for example as no completion certificate was requested by the owner.

National and regional totals are reported only in annual frequency and have been discontinued in 2012.