Get the free Morning Headlines e-mail for information from our reporters the world over
Signal as much as our free Morning Headlines e-mail
Signal as much as our free Morning Headlines e-mail
Britain’s common property asking worth of round £378,000 may both get you a five-bedroom home or a studio flat – relying on the place you reside.
That’s in line with evaluation from property platform Rightmove, which reveals simply how large the north-south property worth divide is.
In Scotland and the north, an average-priced house can stretch to a 4 and even five-bedroom property in some areas.
In contrast, in London and components of the South East, the identical funds will purchase you a a lot smaller house, such one-bedroom flats and studios.
In North Lanarkshire, the typical asking worth of a five-bedroom indifferent home is £376,052, barely under the nationwide common.
In Charnwood, consumers can discover a five-bedroom semi-detached home for a mean of £377,605, whereas in Nottingham, a five-bedroom semi-detached house averages £370,786.
There are additionally bigger household properties out there for under the nationwide common in components of the North and Midlands.
In County Durham, the typical asking worth of a five-bedroom semi-detached house is £367,424, whereas in Liverpool, a five-bedroom terraced home averages £356,357.
Get a free fractional share value as much as £100.Capital in danger.
Phrases and circumstances apply.
Go to web site
ADVERTISEMENT
Get a free fractional share value as much as £100.Capital in danger.
Phrases and circumstances apply.
Go to web site
ADVERTISEMENT
In Kirklees, consumers can discover a five-bedroom terraced house for £359,308, and in East Driving of Yorkshire, a five-bedroom terraced home averages £337,642.
Nevertheless, these trying to purchase in London will discover it laborious to search out far more than a studio flat for the typical asking worth.
In Tower Hamlets, the typical asking worth of a studio flat is £357,556, whereas in Hackney, a studio flat averages £341,021.
In Richmond upon Thames, a one-bedroom flat has a mean asking worth of £362,322, whereas in Haringey, a one-bedroom flat averages £345,677.
It comes as HM Income and Customs (HMRC) figures revealed the variety of house gross sales in Could was round 17 per cent increased than the identical month in 2025.
Throughout the UK, an estimated 98,450 house gross sales befell in Could, which was 17 per cent increased than Could 2025 and a pair of per cent decrease than in April 2026.
HMRC stated the annual enhance displays decrease transaction ranges in April and Could 2025, when exercise fell following modifications to stamp obligation thresholds.
Home gross sales had been bunched up earlier than final yr’s modifications as consumers rushed to beat the deadline earlier than stamp obligation reductions grew to become much less beneficiant. Stamp obligation applies in England and Northern Eire.
Richard Donnell, government director at Zoopla, stated: “Housing transactions inform us about gross sales agreed 5 to 6 months in the past – this newest information reveals gross sales completions beginning to sluggish in Could in comparison with April which displays the affect of final yr’s autumn funds on gross sales.
“Trying forward, whereas there’s a wholesome pipeline of gross sales from current months, increased mortgage charges over April have hit new gross sales agreed.”
He added: “Sellers want to cost fastidiously to draw demand in the event that they need to promote their house this yr.”
