When you step back and look at how Britain lives, an interesting picture emerges.
Across the UK, just over a quarter of homes are terraced or townhouses at 27.7%, closely followed by semi-detached homes at 24.6%. Flats account for 22%, while detached homes make up 17.9%, with bungalows sitting at 7.7%.
On the surface, it feels fairly balanced. In reality, every town and city market tells its own story.
Because what happens nationally and what happens in Richmond are often two very different things.
The mix of homes in a town or city shapes everything. It influences who moves in, how long people stay, price growth, and even how quickly homes sell. A town with more semis behaves very differently from one dominated by flats or terraces.
That is why understanding your local property mix is so important if you are thinking of moving. It is not just about price. It is about knowing the type of market you are stepping into.
The national averages give context. The local numbers give clarity.
And in the Richmond Borough, the detail is where the real insight sits.
Morton Estates
Bungalows
At first glance, the UK bungalow market looks like a patchwork, yet there is a clear story running through it.
Across the country, bungalow values range from around £236,700 in the North East to just under £589,800 in London. All the other 10 UK regions sit somewhere in between, with areas such as the Midlands and Wales typically in the £280,000 to £325,900 bracket, while the South East and East Anglia push higher towards £461,600 and £373,400 respectively.
What this really highlights is not just price, but demand. Bungalows are a finite resource (there are just over 2 million of them representing only 7.7% of all UK homes). They are rarely built in volume today, yet they remain hugely popular with downsizers and those seeking single-level living. That imbalance between supply and demand is what underpins their value, particularly in southern regions where land is at more of a premium.
However, these are only national and regional averages. Every local market behaves differently, often significantly so. Street by street, town by town, the picture can change.
Report by Sara Thompson-Morton, Founder S A Morton Real Estate.
