At home in the UK the most popular form of real estate

The average shopper flats in the UK pays almost £20000 more than the buyer half of the house. Perhaps this is one reason why buyers of property in the UK overlook apartments and prefer houses. The average price of apartments in the UK since the crisis of 2008 grew in the UK for £86474 £150749 in 2008 to £237223 at the end of 2015.

These figures are provided in its report, the Halifax Bank. If the whole UK property prices over the period from 2008 increased by 37%, while average prices for apartments increased by 57% over the same period.

Detached house in England has increased in price the least over the last 8 years since 2008 – only 20%, of terrace-house – 38% and half at home – 34%.

The most popular apartments in London. The proportion of flats in London has steadily increased continuously since 2008 – about 50% of all sales of real estate in London for the last 8 years is flat. Across the UK the proportion of flats is only 17%. In the whole of the UK, statistics on the popularity among buyers as follows : the first place on sales is occupied terraces-houses – 31% then follow half of the home – 29%, then flat at 26% and the remaining 19% are detached houses.

There has been a trend of increasing popularity of the half of the house since 2008 the number of purchases increased from 25% to 29%, at the same time, the proportion of flats has decreased from 22% to 17%. Experts attribute this to the expansion of opportunity first-time buyers afford housing, to buy their own part of the house.

Meanwhile, the one-bedroom apartment remains the most accessible type of real estate and most affordable opportunity to become the owner of their own homes. The average cost of an apartment in the UK is still below £120000 and remains below the threshold of paying Stamp duty. The only exception is a apartment in London, where the average apartment price is £385269, and significantly higher than that of the terraces of the house or part of a house in any part of the country.

® Maxim Savitsky. 29.03.2016 G.

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