Terraced houses show the next biggest gain recording an average rise of 43% followed by semi-detached homes with their combined popularity both realising 60% of all home sales in 2016.
The Halifax reports that outside of London, flats are currently the most affordable property type in the UK averaging £167,144, followed by terraced homes at £185,166.
On average, flats in the North cost £116,855, followed by Yorkshire and the Humber at £124,734 with the East Midlands coming in at £123,561. The lowest, affordable property type in London is a flat. In fact, the average price of a flat in London is £398,038, which is £230,894 greater when looking at the rest of the UK at £167,144.
