Market Value Survey: 2024
Findings from the Market Value Survey 2024, linking the value of homes to dwelling and household characteristics
Applies to England
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The English Housing Survey (EHS) is a national survey of people’s housing circumstances and the condition and energy efficiency of housing in England. It is a repeated cross-sectional survey that pairs a household interview with a physical inspection of the home. It is an Accredited Official Statistic (previously known as National Statistic), and is one of the longest standing government surveys, first run in 1967.
The Market Value Survey (MVS) is a component of the EHS, whereby all sampled properties in the EHS are valued by the Valuation Office Agency (VOA) through a website designed and managed by the Building Research Establishment (BRE). The dwelling value is fixed at a particular date – for the most recent data, this is 1 July 2024. This allows for comparison across dwelling stock, regardless of when homes were last bought and sold.
Until 2009-10, the MVS was a standard component of the EHS. Since 2009-10, MHCLG has commissioned two stand-alone Market Value Surveys in 2015 (using EHS 2013-2014 and EHS 2014-15 physical survey data) and 2024 (using EHS 2022-23 and EHS 2023-24 physical survey data).
This report provides analysis of both 2015 and 2024 MVS data, linking valuation data to physical and interview data from the dwellings and households in the EHS.