The price gap between UK houses and flats has reached a 30-year high, with houses now costing 1.7 times more than flats on average. Rising service charges and lingering concerns over cladding have kept demand for flats low, despite a 14% rise in listings. Meanwhile, house prices grew by 2.2% over the past year, compared to just 0.5% for flats. Many flat owners are rushing to sell ahead of April’s stamp duty changes, increasing supply. Experts predict steady market activity but limited house price growth in 2025 due to higher inventory and buyer negotiating power.