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A new £2m-plus home surcharge is billed as progressive, but its impact falls mainly on London and the South East, where many owners now face an annual bill from 2028. Critics warn it punishes long-term residents, cools the prime market and deepens regional divides, even as households weigh downsizing. Many fear a new cliff edge at £2m too.
This week’s property update looks at the latest £-per-square-foot trends, offering a snapshot of how the market is moving. While small shifts may not signal price changes, they reveal the evolving mix of homes for sale and provide valuable insight into overall market health and momentum.
This map highlights the average size of homes sold across the UK since 2020, measured in square feet from completed sales. What stands out is how little the averages vary between regions, despite very different housing types. Northern Ireland is the clear exception, with noticeably larger homes on average.
The semi-detached home remains Britain’s most loved housing type, shaping family life for generations. This article explores how the value of semis varies widely across the UK, from London’s seven-figure prices to far more attainable regions, and why their emotional pull remains as strong as ever.