The best areas to up-size your property potential for the lowest cost

bricks rubble

Leading property finance specialists, One77 Mortgages, has looked at where across the UK offers the smallest monetary step when looking to up-size and increase your property potential.

One77 analysed Land Registry house price data to highlight the smallest increases in property price between a flat and each type of house from terraced, semi-detached and detached for a property on the UK mainland.

Flat to Terraced

When upsizing, even the move from a flat to a terraced home can make a considerable difference and on average across the UK this move costs an additional £12,432.

The Isle of Anglesey is home to the smallest jump between flat and terraced at £4,819, followed by Manchester (£6,615), Liverpool (£6,937), Newcastle-under-Lyme (£8,229), Nottingham (£9,829), Rossendale (£10,601) Oldham (£10,930), Salford (£11,815), Middlesbrough (£12,998) and Bradford (£13,047).

Flat to Semi

County Durham provides the most affordable step between a flat and a semi-detached home at £33,627. Again Anglesey ranks high, followed by Carmarthenshire (£37,611), South Yorkshire (£37,922), Newcastle-under-Lyme (£39,419), Copeland (£40,311) East Ayrshire (£41,228), Stoke-on-Trent (£41,521), Doncaster (£42,293) and North Ayrshire (£42,523).

Flat to Detached

The most notable up-size is of course between a flat and detached home, adding serious property potential although the cost is, of course, much larger with the most affordable up-size found in Burnley, home to a difference of £100,401 between the cost of a flat and detached home.

Country Durham, Stoke-on-Trent, Hyndburn, Carmarthenshire, Dumfries and Galloway, Blaenau Gwent, Blackpool, East Ayrshire and Neath Port Talbot are all home to a gap of between £102-112k.

Managing Director of One77 Mortgages, Alastair McKee, commented:

“We don’t often consider up-sizing straight off the bat and for many, the high cost of homeownership means that making it on the ladder at all is an achievement in itself. However, we’re currently enjoying a prolonged period of affordability where mortgage rates are concerned, in fact, some of the best on record, and this is likely to be the case for the mid-term at the very least.

Although we always advise strongly against anyone borrowing beyond their means, in current conditions it could pay to look a little harder, save for a little longer and increase your property potential now rather than later while taking advantage of a good rate of interest on your monthly payments.

While it’s unlikely that anyone will be making the jump straight from a flat to a detached home, the difference of between £1,500 and £12,00 to up-size to a terraced home would be a very manageable sum when considered on a monthly basis.”

Top 10 – by smallest step from flat to terraced
Difference (£)
Isle of Anglesey
City of Nottingham
Top 10 – by smallest step from flat to semi-detached
Difference (£)
County Durham
Isle of Anglesey
South Yorkshire
East Ayrshire
North Ayrshire
Top 10 – by smallest step from flat to detached
Difference (£)
County Durham
Dumfries and Galloway
Blaenau Gwent
East Ayrshire
Neath Port Talbot


EAN Content

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy