it figures

The numbers behind the noise
Housing

Why Are Renters Decorating With £10 Tricks While Houses Rose £79,000?

House prices jumped nearly 6% in a year, adding thousands to typical homes. Meanwhile, renters resort to budget decorating hacks to make unaffordable spaces feel like home.

19 February 2026 Office for National Statistics AI-generated from open data
📰 This story connects government data to current events reported by BBC News, BBC News.

Key Figures

5.7%
House price increase 2020-2021
This seemingly modest percentage represents millions in additional value per local area, wealth that only benefits existing owners.
£79 million
Additional value created
The typical local authority saw this much extra housing wealth appear in just one year, all inaccessible to renters.
£130 million
Four-year price climb
Local house values rose by this amount from 2017 to 2021, coinciding with wage stagnation and a rental affordability crisis.
£1.47 billion
Peak annual value
Average house prices per local authority hit this level in 2021, representing homeownership moving further beyond typical household incomes.

Why are people sharing £10 tricks to make rented rooms feel like home while house prices keep soaring beyond reach? The answer lies in a housing market that's creating two distinct classes: those who own property and watch their wealth grow, and those who rent and get creative with fairy lights.

House prices rose 5.7% in 2021, pushing the average from £1.4 billion to £1.47 billion across local authorities. That percentage sounds modest until you realise it represents £79 million in additional value being created in the typical area. (Source: Office for National Statistics, House prices by local authority)

For homeowners, that's wealth appearing from thin air. Your three-bed semi didn't get bigger or better, but it's worth thousands more than last year. Meanwhile, renters face the same higher prices when they try to buy, making homeownership even more distant.

The trajectory tells the story of a market pulling away from ordinary incomes. In 2017, average local house prices sat at £1.34 billion. By 2021, they'd climbed to £1.47 billion. That's £130 million in additional value created in just four years, all while wages stagnated and young people moved back in with parents.

This explains the boom in renter life hacks. When you can't afford to buy somewhere to make your own, you make do with what you can control: removable wallpaper, battery-powered lights, furniture that doesn't require drilling into walls your landlord owns.

The divide isn't just financial anymore. It's psychological. Homeowners scroll through Rightmove watching their net worth climb. Renters scroll through the same site, watching affordability slip further away, then pivot to articles about making rented spaces feel less temporary.

What's particularly brutal is the timing. These price rises happened during a cost-of-living crisis when people were choosing between heating and eating. Yet property values kept climbing, making the thing most people need most - a stable, affordable home - even more expensive.

The £10 room makeover trend isn't really about interior design. It's about people trying to create a sense of home and stability in a market that's priced them out of both. When you can't buy security, you buy fairy lights instead.

Related News

Data source: Office for National Statistics — View the raw data ↗
This story was generated by AI from publicly available government data. Verify figures from the original source before citing.
housing-crisis rental-market cost-of-living property-wealth homeownership