There’s bad new for landlords with flats – flat prices have been falling for 15 months in a row, since May 2025.
The analysis comes from Zoopla, which says house prices have continued to rise, with annual growth of around two to 2.5 per cent over the last year.
But the portal warns that growth is slowing in recent months as a result of higher mortgage rates and fewer sales. Growth is now just 0.8 per cent on average across all types of property.
The variation in house price growth between flats and houses is very different across Britain.
House prices are rising fastest in Northern Ireland followed by the North West, up 3.6 per cent year on year, followed by Scotland at three per cent and the North East 2.4 per cent.
But growth in house values has stalled across much of southern England where property values are higher and more sensitive to higher borrowing costs.
Flat prices are falling in almost every region, with Scotland and the North East the notable exceptions.
Regional price trends are reflected in how quickly homes find buyers.
Around three-quarters of homes listed in Scotland find a buyer within three months, compared with approximately half in northern England and just three in ten in London.
More affordable markets are generally seeing stronger sales and modest price growth, while higher borrowing costs and greater buyer choice are weighing on prices in more expensive markets.
These differences extend to property types. More affordable two and three-bedroom houses generally attract stronger demand, while flats and larger family homes face more challenging conditions in many areas, particularly southern England.
Year on year price change for flats and houses to August 2026
| Region | Houses | Flats |
| Northern Ireland | 6.7% | 0.8% |
| North West | 3.6% | -0.6% |
| Scotland | 3.3% | 2.1% |
| North East | 2.4% | 1.9% |
| Wales | 2.3% | -2.4% |
| West Midlands | 2.0% | -1.1% |
| Yorkshire and The Humber | 1.6% | -0.9% |
| East Midlands | 1.1% | -2.9% |
| London | 0.8% | -2.6% |
| East of England | 0.0% | -1.5% |
| South West | -0.2% | -1.7% |
| South East | -0.3% | -2.0% |
| UK | 1.3% | -1.3% |
Source: Zoopla House Price Index
This article is taken from Landlord Today