Difference in price for second steppers in England averages over £75,000
Housesimple | January 07, 2019
Home owners moving from the first step of the housing ladder in England need to find an additional £75,388, on average, new research has found. A study by online estate agents Housesimple using data from the Land Registry analysed the average price of a flat and terraced and semi-detached houses now compared to a decade ago in 100 major UK towns and cities. It found that in 2008, the step-up in price from a flat to a terraced or semi-detached house was, on average, £37,225 but that has now increased by 102.5%, increasing by £38,000 in 10 years.