House-Flat Price Gap Reaches 30-Year High as Leasehold Concerns Bite

The disparity between house and flat prices has hit its widest point in three decades, with Zoopla data showing houses now cost 1.7 times more than flats. The trend is most extreme in the Midlands and northern England, while London still sees strong flat demand. Leasehold uncertainty is cited as a key driver, depressing flat valuations and sales times compared to Scotland's market. Buyers may find bargains but must carefully assess lease length, service charges, ground rent, and building safety.