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This perfectly symmetrical Georgian house is on one of Durham's best streets. Photo: Finest Properties
Terraced houses have the accolade of being 2024's strongest performing property type, according to a report by Rightmove (RMV.L). At £360,197, the average asking price for all categories of housing across Britain was 1.4% higher than in 2023, whereas terraced houses jumped by 2.2%. Prices for flats, the weakest performers, grew by only 0.5%.
Not only have terraces risen most in value, but they often cost less than similarly-sized detached or semi-detached houses as they sit on smaller plots and share walls with their neighbours.
Being enclosed on two sides, they tend to be more energy efficient too, and there are further benefits for buyers.
"The great thing about terraced houses is that they tend to be in really convenient locations — near the local primary school, the shops and transport," says Russell White of Winkworth's Putney office. "They also offer a great sense of community."
We’ve found some of the best examples currently for sale.
1. Mayflower Place, Hull, from £48,300 for a 30% share of £161,000
Shared ownership ensures this new-build house is affordable for eligible buyers. Photo: Places for People
This new two-bedroom house has a kitchen/diner, a separate living room, a cloakroom and turfed back garden.
It’s available through shared ownership, enabling people who can’t afford to fund 100% of a home with a deposit and mortgage to purchase a share and pay rent on the remainder. They can buy further increments later, if they wish to. Through Places for People.
2. King’s Lynn, Norfolk, guide price £250,000
Planning permission is in place to transform this listed property into a comfortable home. Photo: Sowerbys
Ideal for investment, this historic Grade II-listed townhouse is registered as a commercial property but comes with full planning permission for conversion to residential use.
Plans include a ground floor kitchen, utility and living room, a cosy first floor drawing room with a fireplace and at least four bedrooms. For further information contact Sowerbys.
The cottage's front terrace faces the sea. Photo: John Bray Estates
Sea Holly Cottage dates from the 1850s and is close to the harbour and coastal path. It's packed with an array of period features such as exposed wooden beams and flagstone flooring.
The property includes two double bedrooms, a shower room, an open plan kitchen/dining room, a sitting room with a log burner and a sea-facing garden and terrace. Most of the contents are available by separate negotiation. Through John Bray Estates.
4. Dartmouth, Devon, £475,000
This pretty cottage has been well-maintained. Photo: Marchand Petit
The purchaser of Tillers Cottage is in for a treat as it’s beautifully presented, full of character and has covered parking and a well-established garden.
An all-in-one kitchen, sitting and dining room with a log burner in the exposed brick fireplace is on the ground floor, and you'll find two double bedrooms and a shower room above.
Shops, restaurants and galleries are all within a few minutes’ walk. Via Marchand Petit.
5. Blackhall, Edinburgh, £650,000
The extended house is very convenient for Edinburgh city centre. Photo: Neilsons via ESPC
Views of Edinburgh Castle are among the attractions of this traditional villa, a short bus ride from the city centre.
It comprises three bedrooms, two bathrooms, a bay-windowed living room and an extended open plan kitchen, dining and family room.
Bi-fold doors lead out to the fully enclosed back garden which, thanks to artificial grass, requires minimal maintenance. Through Neilsons via ESPC.
Sash windows feature prominently in this well-preserved house. Photo: Finest Properties
An elegant Grade II-listed five-storey Georgian townhouse on a central street. Light, bright and spacious inside, it boasts six bedrooms, three reception rooms, and original features including decorative cornicing, fireplaces and wide-plank wooden flooring.
The views over Durham Cathedral and Castle are some of the best in the city. Get in touch with Finest Properties.
7. Cambridge, £1.4m
You'll be able to cycle all round the city from this spacious Victorian home. Photo: Cheffins
Buyers keen to live near the university, station and all the city centre’s amenities should take a look at this handsome bay-fronted Victorian house.
The ground floor layout is typical of a property from this era, with a front living room, a separate dining room and a long hallway leading to a kitchen/breakfast room at the end. Four bedrooms and two bathrooms are spread over the upper two floors. Through Cheffins.
Independent shops and open green space are on the doorstep. Photo: Winkworth
A spacious double-fronted house moments from independent shops and a park.
There's a large kitchen with double doors opening into the garden on the lower ground floor, a through living/dining room, a separate kitchen and bathroom at ground level, and four bedrooms on the first floor. Find out more from Winkworth.
9. Richmond, Surrey, £2.295m
Nothing's left for the next owner of this attractive house to do. Photo: Antony Roberts
All the hard work’s already been carried out in this substantial five-bedroom Victorian house as it’s in pristine condition.
The kitchen has been extended, the loft converted and a studio added in the south-facing garden.
Richmond town centre, station and park are all in easy reach. Get in touch with Antony Roberts.
10. Hampstead, London NW3, £3.75m
With a view like this, who wouldn't want to live here? Photo: Alex Winship
Situated within a conservation area, this four-bedroom Victorian house is on the northwest side of the terrace.
The location is important because properties here have long gardens backing onto a communal strip of land that meanders down to Hampstead Ponds.
Accommodation is arranged over five floors with several balconies and terraces to make the most of the views over the water and Hampstead Heath. Available through Middleton Advisors.
