UK house prices have risen three times faster than flats since 2020

House prices have risen three times faster than flat values ​​since the beginning of the epidemic, with fears related to bloc and escalating service fees that weighing the popularity of apartments, according to a research from Zooopla.

The real estate portal data indicates that the prices of homes in the United Kingdom have increased by 24 percent over the past five years, compared to only 7 percent growth for apartments. During the past year alone, the apartments increased by 0.5 percent, while homes advanced by 2.2 percent. As a result, the average home price is now 319,445 – 1.7 times higher than the average flat price of 191,309 pounds sterling – as it distinguishes the largest price gap for more than three decades.

The “race for space” caused by Lockdowns was a major factor, as many people are looking for larger homes and gardens after weeks. Zooopla also indicates the prevailing damage of apartments amid increasing reports on high service fees, disputed ground rents and concerns about construction safety – especially with regard to cladding issues. “The apartments have become cheaper compared to homes over the past five years,” said Richard Donil, CEO of Zooopla. While buyers still prefer homes, Donel believes that there is room for Dahin investors to take advantage of more affordable apartments.

It seems that the modest reversal signs of flat prices in 2024 encourage more sellers to test the market. In the opening weeks of 2025, Zooopla recorded a 14 percent increase in the number of apartments listed for sale, compared to an increase of 5 percent for homes.

Although bodies now seem more ready for sale, there is a large arrow to make a little or non -profit. Zooopla has found that 15 percent of the apartments currently in the market are listed less than the previous purchase price, and about 40 percent of 20,000 pounds above the last sale process is determined.

Donel said he did not expect home prices to continue to exceed apartments indefinitely – especially once the costs of additional stamp fees began in April. A group of buyers who compete to complete the deals before adjusting the threshold pushed the agreed sales volume by 10 percent on an annual basis. Once this rush recedes, the relative prices for homes are expected, which may allow more balance to return to the market.