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UK renovation spending crosses over £21,000 in 2024, report finds

Posted: Thursday, May 29th, 2025

More than half of homeowners renovated their homes in 2024 (51%) at a median spend of £21,440, according to Houzz.

The 2025 UK Houzz & Home Study of more than 1,000 UK respondents found that the median spend increased by 26% year on year (£17,000 in 2023), with the top 10% of renovating homeowners spending £169,000 on home renovations. 

With 53% of renovating homeowners residing in homes built before 1940, repairs and system upgrades are a key focus. Nearly two in five homeowners undertook home repairs (39%) in 2024.

Of those who renovated, more than two in five homeowners upgraded their heating systems, closely followed by plumbing (43%) and electrical systems (39%), respectively.

Home renovation activity is expected to continue into 2025, with 3 in 5 of the surveyed renovating homeowners planning to decorate (60%) and almost half planning to renovate (49%) this year, both figures similar to those cited last year (59% and 49% in 2023). 

“While rising costs for goods and services are influencing renovation spend, activity remains stable,” said Marine Sargsyan, staff economist at Houzz.

“With almost half of homeowners planning renovations, it suggests that the need to update ageing housing stock continues to fuel demand for home improvements.”

Professional hiring remains widespread across all project types and sizes, with more than 9 in 10 homeowners (94%) choosing to work with a pro.

Speciality service providers such as electricians (59%) and plumbers (56%) were the most commonly hired. Notably, demand for cabinetry professionals rose by eight percentage points year over year to 27%, while hiring of painters, roofers, and architects also increased, each by five percentage points (41%, 31%, and 25%, respectively).

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