Demand will remain high for EV compatible homes despite Budget tax hike, says Foxtons

As a result, homes offering private charging facilities are expected to become even more attractive to buyers, helping to support stronger competition and pricing for sellers who can provide this increasingly sought after feature. 

Foxtons analysed current for sale market stock across every London borough to assess both demand for homes with EV charging points and the availability of such properties. 

The research shows that, across London, demand for a property boasting a private EV charging port is robust, with some 28% of homes offering such a feature having already found a buyer - even in the more restrained market conditions that preceded the November Budget. 

In several boroughs, demand is substantially higher. Islington leads the capital with 60% of EV equipped homes already under offer, followed by Bexley at 53%, while both Barking and Dagenham and Lewisham stand at 50%. Haringey, Sutton and Havering also show elevated demand levels, ranging between 41% and 44%. 

However, availability remains extremely limited. Just 1% of all homes currently listed for sale in London include an EV charging point - with Merton offering the highest share at only 4%. 

The Budget’s introduction of a mileage based tax from 2028 has created new cost considerations for EV drivers, but the Government has simultaneously reinforced its commitment to boosting adoption - with upfront purchase incentives having been extended, eligibility thresholds raised and significant funding committed to improving public charging provision. 

Foxtons expects these measures to sustain long term growth in EV uptake, ensuring that private charging facilities continue to rank highly among buyer priorities. However, the scarcity of properties offering private charging points is likely to intensify buyer competition and could drive house prices for properties offering such a feature. 

Foxtons Managing Director - Sales, James Stevenson, commented: 

“The Budget has added a new long term running cost for EV owners, but it has not altered the broader direction of travel. Electric vehicles remain a more affordable and popular choice for many Londoners, and the Government has strengthened the support available to those opting for to go greener when it comes to their mode of transport. 

As EV adoption continues to rise, the presence of a private charging point is becoming a significant advantage for sellers and our data shows exceptionally high demand for EV compatible homes across the capital. 

Yet the number of these properties on the market is extremely low and this creates a clear opportunity for homeowners. Buyers increasingly value convenience, security and future readiness, and homes that provide private charging facilities are well placed to attract stronger interest and competitive offers in the years ahead.”

Data Tables and Sources

• *Property listing data sourced from Zoopla and correct as of 27/11/2025.

• Stock availability based on the percentage of total market listings that are advertised as having an EV charging port.

• Demand based on the percentage of total listings with an EV charging port that have already been marked as under offer. 
  View the full data tables online here. 

• *Foxtons is London’s No.1 estate agency brand, based on TwentyCi data, 2024 v 2023 market share and market share growth of New Instructions at a brand level.

• Foxtons is the UK’s largest estate agent for lettings, based on TwentyCi data 2024 new lettings instructions at an estate agent brand level 

• Foxtons had more sales agreed in London than any other agent, based on TwentyCi data 2024 available data for SSTC at a brand level