first-time homeowners upgrading from a flat to a house paid an average of £75,388 ($99,700) to make the leap in 2018, a 102% increase from a decade earlier, according to a survey by Housesimple. The figure rose to £133,122 for potential buyers moving to a detached property, while the gap was widest in London and the south of England, where the average difference between a flat and a house was £343,134. In contrast, the report said the gap in Durham, in the northeast, was £23,318.
First-time homeowners upgrading from a flat to a house paid an average of £75,388 ($99,700) to make the leap in 2018, a 102% increase from a decade earlier, according to a survey by Housesimple. The figure rose to £133,122 for potential buyers moving to a detached property, while the gap was widest in London and the south of England, where the average difference between a flat and a house was £343,134. In contrast, the report said the gap in Durham, in the northeast, was £23,318.