"Property prices in the UK rose once more in September, following August's slight fall but new figures show flats remain out of favour with buyers. Nationwide data shows prices are up 0.5 per cent month to month, keeping annual prices rising at 2.2 per cent. But the statistics show there are major differences in price changes between the north and south of the UK, as well as in the property type."
"Semi-detached properties rose 3.4 per cent over the last 12 months, while detached (2.5 per cent) and terraced (2.4 per cent) saw slightly slower price rises. The cost of flats continues to decline, seeing average prices fall by 0.3 per cent. Figures further show the price of a typical flat increasing by around 20 per cent over the past 10 years less than half of the price growth of terraced houses over the same period."
The Independent maintains on-the-ground reporting across major issues and funds free access to journalism through reader support. Nationwide data indicates UK property prices rose 0.5 per cent month-to-month in September, producing annual growth of 2.2 per cent. Price movements vary significantly by region and property type. Semi-detached homes increased 3.4 per cent annually, detached 2.5 per cent and terraced 2.4 per cent, while flats fell 0.3 per cent. Typical flat prices rose about 20 per cent over ten years, less than half the terraced house growth. Q3 2025 saw a slowdown linked to Budget uncertainty and buyer caution.
Read at www.independent.co.uk
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