Terraced houses have been the strongest investment

Terraced houses have been the strongest property type for house price growth in the past 20 years, Ocean Finance research shows

Since 2000 terraced prices have jumped by 96% from £189,394 to £321,519.

The second biggest change in value took place to semi-detached houses, with a price increase of 84% to £203,392.

Detached homes and flats/maisonettes saw an increase of 70% and 69% respectively.

In terms of property hotspots by location, Manchester is number one, where prices have risen by 143% in over 20 years to £179,537.

Surprisingly, the City of London didn’t make it to the top three, those price increases came from a far higher base. Prices jumped from £364,366 in 2000 to £786,760 in 2020, a 116% rise.