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UK House Prices Forecast - Can You Afford the UK Dream?
UK House Prices Forecast: The last ten years in the UK housing market have been full of ups and downs. Prices skyrocketed, defying expectations and making people question if the upward trend would ever stop. However, the situation has changed, and now there are indications of a slowdown, replacing the excitement of rapid growth with more cautious whispers.
The big question is, where do we currently stand? Is this just a temporary decrease, or are we experiencing a more fundamental shift in the market? The future of this unpredictable journey remains uncertain.
Annual Change In Prices
Remember the heady days of 2022, when house prices seemed to defy gravity, soaring 14% year-on-year? Fast forward to today, and the market's doing a dramatic change, with prices dipping for the first time in over a decade. Buckle up, as we navigate the twists and turns of this property price roller coaster!
Type Of Property | December 2023 | November 2023 | October 2023 | Year-on-year change to December 2023 (Ā£) | Year-on-year change to December 2023 (%) |
|---|---|---|---|---|---|
Detached houses | Ā£447,500 | Ā£448,400 | Ā£448,600 | -Ā£5,800 | -1.3% |
Flats | Ā£190,200 | Ā£190,500 | Ā£190,300 | -Ā£2,200 | -1.1% |
Semi-detached houses | Ā£268,700 | Ā£268,900 | Ā£268,400 | -Ā£2,000 | -0.7% |
Terraced houses | Ā£232,500 | Ā£232,400 | Ā£232,500 | -Ā£1,700 | -0.7% |
All property | Ā£264,400 | Ā£264,400 | Ā£264,600 | -Ā£2,100 | -0.8% |
2013-2019:Ā A steady climb fueled by low-interest rates, quantitative easing, and a housing shortage. Prices rose by an average of 4.7% annually.
2020-2023:Ā The pandemic supercharged the market. Remote work, pent-up demand, and stamp duty holidays skyrocketed prices by a staggering 23.4%.
2024-Present:Ā In January, average house prices experienced a 1.3% increase, as reported by Halifax, and demonstrated a 2.5% annual growth, marking the highest yearly growth rate in a year. This aligns with Nationwide's latest house price index, indicating a 0.7% rise in property prices last month.
The question arises as to whether this trend will persist throughout the year. Nationwide's findings revealed a marginal year-on-year decrease of 0.2% in prices, significantly smaller than the declines observed in 2023. However, Zoopla's data suggests a 0.8% price decline over the 12 months ending in December.
This data implies that sellers may be compelled to offer discounts, with 21% of sales reportedly agreed upon at over 10% below the asking price. Despite this, Zoopla also noted a more active property market, with the agreed-upon sales 13% higher than the previous year.
Anticipated Trends in UK House Prices for 2025: Diverging Paths
Projections from Lloydās Banking Group, the prominent UK mortgage provider, paint a cautious picture of the housing market, indicating a sustained decline in house prices until 2025. The alliance, which oversees Halifax and Bank of Scotland, foresees a 2.4% decrease in prices next year, topping in an 11% overall drop from the previous peak in the initial year. However, a ray of hope emerges as the lender expects a modest recovery in 2025, with an anticipated rise of 2.3%.
Image source: UK house prices forecast to fall for the next two years.
Conversely, the prime real estate sector in central London is balanced to withstand this overarching trend. Estate agent Savills researchers argue that not all segments of the housing market will experience a downturn in 2025, especially highlighting the resilience of central London properties. The prime market, comprising the top 5-10% of domestic properties, is projected to maintain stability in 2024, showing no signs of decline.
Looking ahead, the forecast for prime London house prices suggests a notable resurgence. Savills predicts an 18.7% increase by 2028, with a substantial 6% rise expected in 2026 alone. Even beyond central London, properties falling within this prime category are expected to witness a 4.5% growth in value in the same year, signalling a potential shift in the broader housing market dynamics.
Average House Price UK - Expensive To Affordable
The UK housing market is a complex beast, with costs varying dramatically across regions and even within city streets. From sky-high London penthouses to charming village cottages, deciphering the average price can be a daunting task.
This section delves into the complex tapestry of UK house costs, revealing the most expensive and most affordable areas, unveiling hidden gems, and providing insights into the factors shaping this ever-evolving market.
London House Prices
London boasts a diverse housing landscape, from grand Georgian townhouses with red doors to charming converted mews houses with cobblestone courtyards. These historical styles sit alongside modern developments, offering a unique blend of old and new for every kind of London dreamer.
Most Expensive Areas in London:
Area | Average Property Price | Notable Features |
|---|---|---|
Knightsbridge | Ā£24 million | Luxury shopping, Harrods, exclusive residences |
Kensington | Ā£15 million | Grand Victorian houses, museums, leafy squares |
Chelsea | Ā£12 million | Chelsea FC, celebrity residents, affluent neighborhood |
Westminster | Ā£10 million | Buckingham Palace, Houses of Parliament, Westminster Abbey |
Mayfair | Ā£9 million | Art galleries, antique shops, luxury hotels |
Hampstead | Ā£1.77 million | Beautiful Hampstead Heath, good schools, quiet atmosphere |
Camden | Ā£1.28 million | Alternative culture, Camden Market, Regent's Canal |
East Sheen | Ā£1.13 million | Spacious houses, good schools, proximity to Richmond Park |
Whetstone | Ā£1.06 million | Family-friendly atmosphere, good transport links, green spaces |
Battersea | Ā£1.02 million | Battersea Power Station redevelopment, parks, riverside location |
Most Affordable Areas in London:
Area | Average Property Price | Notable Features |
|---|---|---|
Erith | Ā£348,753 | Thames River views, peaceful atmosphere, good transport links |
Thamesmead | Ā£357,302 | Regeneration project, modern housing, good value for money |
Barking & Dagenham | Ā£380,000 | Riverside location, green spaces, easy access to central London |
Dagenham | Ā£380,000 | Industrial heritage, improving infrastructure, good value for money |
Edmonton | Ā£375,660 | Diverse community, green spaces, good transport links |
Bexley | Ā£420,000 | The historic town center, green spaces, good transport links |
Havering | Ā£450,000 | Large borough, variety of towns and villages, good schools |
Croydon | Ā£480,000 | Regeneration project, improving infrastructure, diverse community |
Sutton | Ā£520,000 | Good schools, green spaces, family-friendly atmosphere |
Bromley | Ā£520,000 | The historic town centre, green spaces, good transport links |
In 2023, London experienced a 4.8% decline in house prices, surpassing the rate of decrease in any other region and approaching levels not seen in 15 years. However, it did not reach the extent of the property market crash that had been anticipated.
Manchester House Prices
Manchester's housing reflects its industrial past. Red brick terraces, once home to factory workers, now brim with character. Edgy loft apartments in converted warehouses offer a modern twist, while leafy suburbs cater to families with their detached and semi-detached houses.
Most Expensive Areas in Manchester:
Area | Average Property Price | Notable Features |
|---|---|---|
Altrincham | Ā£825,000 | Vibrant market town, family-friendly atmosphere, excellent transport links, close to countryside |
Bowdon | Ā£750,000 | Affluent village with leafy streets, prestigious schools, rural surroundings, exclusive shops and restaurants |
Hale | Ā£700,000 | Upscale village with designer boutiques, award-winning restaurants, canal-side walks, strong community spirit |
Didsbury | Ā£650,000 | Trendy neighborhood with lively bars and restaurants, independent shops, green spaces, young professional population |
Prestwich | Ā£600,000 | A diverse community, a mix of Victorian terraces and modern houses, good schools, parks and green spaces |
Sale | Ā£550,000 | Family-oriented suburb with large houses, excellent schools, Metrolink connection, close to Manchester Airport |
Castlefield | Ā£500,000 | Historic canal basin district, trendy bars and restaurants, cultural attractions, unique waterside living |
Most Affordable Areas in Manchester:
Area | Average Property Price | Notable Features |
|---|---|---|
Little Hulton | Ā£165,000 | Up-and-coming area with regeneration projects, diverse community, parks and green spaces, easy access to the city centre |
Gorton | Ā£180,000 | Family-friendly suburb, with a mix of housing styles, and good schools, close to Heaton Park |
Blackley | Ā£190,000 | Semi-rural setting, close to the countryside, good transport links, mix of housing options |
Miles Platting | Ā£200,000 | Vibrant inner-city area, undergoing regeneration, diverse community, close to city centre amenities |
Farnworth (Bolton) | Ā£210,000 | Family-friendly suburb, with a mix of housing styles, good schools, close to Heaton Park |
Harpurhey | Ā£122,000 | Affordable housing close to city centre, undergoing regeneration, diverse community, good access to amenities |
Hollinwood (Oldham) | Ā£150,000 | Former mill town with character properties, close to countryside, improving amenities, good value for money |
Manchester house prices in 2023 showed mixed results, with the overall trend leaning towards stability or slight growth. While the average price reached Ā£248,502 by December, some areas like M13 even saw a notable rise of 9.3%.
Birmingham House Prices
Birmingham's houses tell a story of transformation. Victorian terraces echo its industrial past, while canalside conversions offer a modern twist. The suburbs sprawl with family-friendly semi-detached and detached houses, showcasing Birmingham's evolution into a dynamic metropolis.
Most Expensive Areas in Birmingham:
Area | Average Property Price | Notable Features |
|---|---|---|
Hockley Heath: | Ā£597,851 | Rural charm, affluent atmosphere, good schools, excellent transport links, close to Solihull |
Earlswood: | Ā£597,851 | Large green spaces, family-friendly neighbourhoods, historical landmarks, good transport links, close to M6 |
Knowle: | Ā£502,762 | Family-friendly village atmosphere, historic charm, excellent schools, green spaces, close to Solihull |
Henley-in-Arden: | Ā£505,697 | Picturesque market town, affluent streets, independent shops and restaurants, close to countryside, good schools |
Solihull: | Ā£482,738 | Thriving commercial hub, excellent shopping and dining, diverse community, good schools, close to Birmingham city centre |
Sutton Coldfield: | Ā£451,750 | Large green spaces, family-friendly neighborhoods, historical landmarks, good transport links, close to M6 |
Moseley Village: | Ā£365,000 | Trendy neighbourhood, vibrant nightlife, independent shops and restaurants, diverse community, close to the city centre |
Most Affordable Areas in Birmingham:
Area | Average Property Price | Notable Features |
|---|---|---|
Nechells: | Ā£116,111 | Up-and-coming area, regeneration projects underway, close to city centre, diverse community, improving amenities |
Newtown: | Ā£126,000 | Inner-city location, close to Jewellery Quarter, good transport links, student population, mix of housing options |
Birchfield: | Ā£135,000 | Family-friendly area, affordable housing, close to Alexander Stadium, good parks and green spaces, diverse community |
Saltley: | Ā£140,000 | Up-and-coming area, regeneration potential, close to the city centre, a mix of housing types, easy access to amenities |
Winson Green: | Ā£150,000 | A diverse community, a mix of traditional and modern housing, close to Edgbaston Stadium, good transport links |
Sparkbrook: | Ā£155,000 | Vibrant multicultural community, variety of shops and restaurants, close to city centre, improving amenities |
Yardley: | Ā£160,000 | Family-friendly suburb, peaceful environment, good schools, green spaces, close to M42 |
Birmingham's housing market in 2023 witnessed steady growth. The average house price reached Ā£276,000 throughout the year, which is a 9% increase compared to 2022. This growth aligns with predictions, and experts anticipate Birmingham to remain an attractive property investment option in the coming years.
Bradford House Prices
Bradford's housing is a tapestry of old and new. Terraced houses, some grand Victorian and others cozy worker cottages, built from local sandstone, line the streets. Stone cottages, both traditional and modern, dot the outskirts, while new developments offer a fresh face to the city.
Most Expensive Areas in Bradford:
Area | Average Property Price | Notable Features |
|---|---|---|
Saltaire: | Ā£425,000 | Affluent town, with stunning scenery, close to the Yorkshire Dales National Park, excellent schools, family-friendly atmosphere |
Ilkley: | Ā£405,000 | Affluent town, stunning scenery, close to the Yorkshire Dales National Park, excellent schools, family-friendly atmosphere |
Baildon: | Ā£257,250 | Peaceful location, a mix of historic and modern properties, good schools, close to the countryside |
Menston: | Ā£245,000 | Village setting, rural surroundings, historic houses, close to Otley Chevin |
Calverley: | Ā£230,000 | Semi-rural location, good transport links, mix of housing styles, green spaces |
Bingley: | Ā£225,000 | Bustling town, canal-side walks, historic landmarks, diverse community, good amenities |
Manningham: | Ā£215,000 | Up-and-coming area, regeneration projects underway, diverse community, close to city centre amenities |
Most Affordable Areas in Bradford:
Area | Average Property Price | Notable Features |
|---|---|---|
West Bowling: | Ā£76,318 | Mixed residential area, close to amenities, good transport links, regeneration potential |
Eastbrook: | Ā£74,127 | Quiet area, close to Bradford city centre, diverse community, affordable housing options |
Thornton: | Ā£77,920 | Suburban area, family-friendly atmosphere, green spaces, mix of housing styles |
Great Horton: | Ā£91,260 | Diverse community, mix of traditional and modern housing, close to the city centre, improving amenities |
Lidget Green: | Ā£91,260 | Affordable housing, close to local amenities, good transport links, diverse community |
Bankfoot: | Ā£76,318 | Up-and-coming area, regeneration projects underway, close to green spaces, affordable housing options |
Buttershaw: | Ā£75,227 | Peaceful location, close to the countryside, a mix of older and newer properties, affordable housing options |
Bradford's house prices in 2023 showed some fluctuations. Reports tell an average sold price of Ā£181,672, there was a slight decline of 2% compared to the previous year. However, this dip is relatively small, and prices remain above the 2021 peak of Ā£178,476. Interestingly, terraced properties were the most common type sold, with an average price of Ā£138,845, while detached houses fetched a significantly higher price of Ā£339,584.
Glasgow House Prices
Glasgow's streets brim with characterful homes. Red sandstone tenements, with flats above shops, define the city, fostering a tight-knit feel. Elegant Victorian villas grace the West End, while modern developments offer a fresh perspective, showcasing Glasgow's dynamic spirit.
Most Expensive Areas in Glasgow:
Area | Average Property Price | Notable Features |
|---|---|---|
Elphinstone Road, Giffnock: | Ā£1,840,000 | Quiet backstreet near golf courses, exclusive properties, affluent neighbourhood |
Frederick Boulevard, Thorntonhall: | Ā£1,085,000 | Stunning mansions, sought-after location, close to countryside, wealthy community |
Bearsden: | Ā£750,000 | Large detached houses, leafy streets, excellent schools, family-friendly atmosphere |
Newton Mearns: | Ā£625,000 | Modern developments, proximity to countryside, good schools, affluent families |
Milngavie: | Ā£575,000 | Picturesque town, historical charm, close to Loch Lomond, sought-after location |
West End: | Ā£525,000 | Vibrant cultural hub, trendy restaurants and bars, diverse community, close to city centre |
Hyndland: | Ā£475,000 | Victorian terraces, family-friendly atmosphere, good schools, convenient location |
Most Affordable Areas in Glasgow:
Area | Average Property Price | Notable Features |
|---|---|---|
Easterhouse: | Ā£55,415 | First-time buyer hotspot, close to parks and amenities, regeneration projects underway |
Bridgeton: | Ā£100,245 | Up-and-coming area, strong community spirit, close to city centre, diverse population |
Dennistoun: | Ā£115,000 | Trendy neighbourhood, artistic vibe, a mix of traditional and modern housing, close to amenities |
Parkhead: | Ā£120,000 | Historically strong community, affordable housing options, close to Celtic Park, regeneration initiatives |
Rutherglen: | Ā£140,000 | Family-friendly town, good schools, green spaces, convenient transport links |
Maryhill: | Ā£150,000 | Affordable housing, improving amenities, diverse community, close to city centre |
Possilpark: | Ā£160,000 | Up-and-coming area, regeneration projects underway, a mix of housing types, close to parkland |
Glasgow's housing market in 2023 experienced moderate growth. The average sold price landed around Ā£211,231, representing a 3% increase year-on-year. This growth is slightly lower than the national average but puts Glasgow house prices 8% below their 2006 peak. It's important to remember that these are city-wide averages, and prices can vary depending on the specific neighbourhood.
Southampton House Prices
Southampton's housing whispers tales of both land and sea. Grand Georgian townhouses in the city center exude historic charm, while weather-beaten seaside cottages in cheerful hues offer coastal bliss. Families flock to the suburbs, where modern and period detached and semi-detached houses provide peaceful havens.
Most Expensive Areas in Southampton:
Area | Average Property Price | Notable Features |
|---|---|---|
Warsash: | Ā£1,507,000 | Waterfront location, affluent community, large detached houses, sailing and maritime connections |
Chilworth: | Ā£1,341,000 | Picturesque village, rural surroundings, excellent schools, sought-after location, close to M27 |
Bitterne Park: | Ā£1,250,000 | Spacious properties, leafy streets, historic architecture, family-friendly atmosphere, good transport links |
Shirley: | Ā£950,000 | Large detached houses, good schools, family-friendly amenities, green spaces, convenient location |
Sholing: | Ā£875,000 | Waterfront setting, a mix of modern and traditional houses, close to marinas and parks, diverse community |
Bassett Green: | Ā£825,000 | Quiet residential area, large gardens, affluent community, close to amenities and M27 |
West End: | Ā£750,000 | Historic area, Victorian and Edwardian architecture, diverse community, close to city centre and waterfront |
Most Affordable Areas in Southampton:
Area | Average Property Price | Notable Features |
|---|---|---|
Sholing: | Ā£245,931 | Mix of housing options, close to amenities and transport links, diverse community |
Woolston: | Ā£255,000 | Waterfront location, regeneration projects underway, affordable housing options, close to the city centre |
North End: | Ā£289,000 | Mix of terraced houses and flats, convenient location close to the city centre, diverse community |
Bevois Valley: | Ā£295,000 | Up-and-coming area, regeneration projects underway, diverse community, close to parks and amenities |
St. Denys: | Ā£300,000 | Student area, a mix of housing options, close to the city centre and university, vibrant atmosphere |
Portswood: | Ā£310,000 | Trendy neighbourhood, independent shops and restaurants, diverse community, close to the city centre and parks |
Highfield: | Ā£325,000 | Family-friendly area, a mix of terraces and detached houses, green spaces, good schools, close to amenities |
Southampton house prices in 2023 saw a slight decline. The average sold price hovered around Ā£286,752, reflecting a 6% dip compared to the previous year. This decrease also brings prices down 2% from the 2021 peak of Ā£293,117. Despite the decline, Southampton remains a relatively affordable option compared to other major UK cities.
Liverpool House Prices
Liverpool's housing reflects its vibrant personality. Terraced houses in a rainbow of colours line the streets, some grand Victorian examples and others cosy worker's cottages. Converted warehouses offer trendy lofts, while suburbs boast leafy streets with family-friendly detached and semi-detached houses.
Most Expensive Areas in Liverpool:
Area | Average Property Price | Notable Features |
|---|---|---|
Woolton Village: | Ā£1.1 million | Exclusive village setting, large detached houses, affluent community, historical charm, close to golf courses |
Formby: | Ā£850,000 | Picturesque coastal town, with affluent families, spacious properties, stunning scenery, and close to beaches |
Calderstones Park: | Ā£725,000 | Large Victorian houses, leafy streets, family-friendly atmosphere, excellent schools, close to parkland |
Mossley Hill: | Ā£675,000 | Detached houses, affluent neighbourhood, good schools, convenient location, close to the city centre |
Allerton: | Ā£625,000 | Mix of traditional and modern properties, family-friendly amenities, green spaces, convenient transport links |
Wallasey Village: | Ā£575,000 | Waterfront location, Victorian terraces, diverse community, close to amenities and ferry terminals |
Blundellsands: | Ā£550,000 | Coastal town, a mix of modern and traditional housing, beaches nearby, family-friendly atmosphere |
Most Affordable Areas in Liverpool:
Area | Average Property Price | Notable Features |
|---|---|---|
Kirkby: | Ā£165,000 | Up-and-coming area, regeneration projects underway, affordable housing options, close to amenities and transport links |
Huyton: | Ā£180,000 | Family-friendly town, good schools, green spaces, mix of housing options, convenient location |
Speke: | Ā£190,000 | Diverse community, a mix of traditional and modern housing, close to John Lennon Airport, regeneration initiatives |
Anfield: | Ā£200,000 | Historic area, close to Anfield Stadium, diverse community, a mix of housing types, regeneration projects |
Fazakerley: | Ā£210,000 | Affordable housing, improved amenities, diverse community, close to city centre and parks |
Wavertree: | Ā£220,000 | Up-and-coming area, student population, a mix of housing options, close to the city centre and universities |
St Helens: | Ā£230,000 | Town with historical charm, affordable housing options, good transport links, and close to the countryside |
Liverpool's 2023 houses averaged Ā£206k, with signs of slight growth. Prices varied heavily by type, with detached houses costing nearly 3x more than flats. Expect local price differences within the city.
Newcastle upon Tyne House Prices
Newcastle upon Tyne showcases a unique blend of architectural styles. Classic Victorian terraces in honey-coloured sandstone line many streets, offering a sense of community. Grander Grey's Monument area features elegant Georgian townhouses, while trendy quayside developments boast modern apartments with stunning river views.
Most Expensive Areas in Newcastle upon Tyne:
Area | Average Property Price | Notable Features |
|---|---|---|
Jesmond: | Ā£800,000 | Affluent suburb, large Victorian houses, leafy streets, excellent schools, close to parks and city centre |
Ponteland: | Ā£750,000 | Rural village setting, large detached houses, affluent community, close to golf courses and countryside |
Gosforth: | Ā£700,000 | Family-friendly suburb, a mix of modern and traditional properties, good schools, green spaces, convenient transport links |
Darras Hall: | Ā£650,000 | Exclusive gated community, detached houses, affluent residents, secure environment, close to the countryside |
Quayside: | Ā£625,000 | Waterfront location, luxury apartments, stunning views, vibrant nightlife, close to city centre attractions |
Jesmond Dene: | Ā£600,000 | Wooded area with large detached houses, affluent families, private gardens, peaceful environment, close to the city centre |
Newburn: | Ā£575,000 | Picturesque village on the River Tyne, large detached houses, historic charm, rural surroundings, close to the countryside |
Most Affordable Areas in Newcastle upon Tyne:
Area | Average Property Price | Notable Features |
|---|---|---|
Walker: | Ā£140,000 | Up-and-coming area, regeneration projects underway, diverse community, a mix of housing options, close to the city centre |
East Denton: | Ā£150,000 | Family-friendly area, good schools, green spaces, a mix of housing styles, convenient transport links |
Benwell: | Ā£160,000 | Diverse community, a mix of traditional and modern housing, close to the city centre and universities, improving amenities |
Westgate Road: | Ā£170,000 | Student area, a mix of flats and terraces, vibrant atmosphere, close to the city centre and amenities |
Blakelaw: | Ā£180,000 | Affordable housing, good access to transport and amenities, diverse community, close to parks |
Byker: | Ā£190,000 | Regeneration area, diverse community, a mix of housing styles, close to the city centre and Ouseburn Valley |
Elswick: | Ā£200,000 | Up-and-coming area, a mix of traditional and modern housing, improving amenities, diverse community, close to the city centre |
Newcastle's 2023 housing market defied predictions of a crash. Despite some sources showing a slight dip (around 3%), overall prices remained stable or even grew slightly compared to 2022. The average price landed around Ā£213,431, with terraced properties being the most common type sold at Ā£191,583.
Nottingham House Prices
Nottingham's housing reflects its rich history. Half-timbered houses, remnants of a medieval past, add a touch of whimsy. Red brick Victorian terraces dominate, offering a sense of community and character. Grander Georgian townhouses grace Lace Market, a reminder of the city's industrial prowess. Modern developments provide a fresh perspective, showcasing Nottingham's dynamic spirit.
Most Expensive Areas in Nottingham:
Area | Average Property Price | Notable Features |
|---|---|---|
West Bridgford: | Ā£875,000 | Exclusive suburb, with large detached houses, tree-lined streets, an affluent community, excellent schools, close to Trent Bridge Cricket Ground |
The Park: | Ā£750,000 | Large Victorian houses, leafy streets, family-friendly atmosphere, good schools, close to University Park and Arboretum |
Wollaton Park: | Ā£700,000 | Spacious properties, rural surroundings, affluent community, close to Wollaton Hall and Deer Park |
Radcliffe-on-Trent: | Ā£650,000 | Picturesque village setting, large detached houses, idyllic location on the River Trent, close to the countryside |
Mapperley Park: | Ā£625,000 | Modern development with large houses, affluent families, convenient amenities, close to the M1 motorway |
Sherwood: | Ā£600,000 | Mix of modern and traditional properties, affluent community, good schools, close to Nottingham city centre |
Westminster Bridge Road: | Ā£575,000 | Waterfront location, modern apartments, stunning views of the River Trent, close to city centre attractions |
Most Affordable Areas in Nottingham:
Area | Average Property Price | Notable Features |
|---|---|---|
Strelley: | Ā£175,000 | Diverse community, mix of housing options, close to amenities and transport links, regeneration projects underway |
Bulwell: | Ā£180,000 | Up-and-coming area, diverse community, mix of traditional and modern housing, improving amenities, close to city centre |
Hyson Green: | Ā£190,000 | Student area, vibrant atmosphere, mix of flats and terraces, close to Nottingham Trent University |
The Meadows: | Ā£200,000 | Diverse community, mix of traditional and modern housing, close to parks and city centre, regeneration projects underway |
Sneinton: | Ā£210,000 | Up-and-coming area, trendy vibe, mix of housing styles, improving amenities, close to city centre and canal |
Basford: | Ā£220,000 | Family-friendly area, good schools, green spaces, mix of housing types, convenient transport links |
Clifton: | Ā£230,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, green spaces |
Nottingham's house prices in 2023 saw a slight decline. The average house price hovered around Ā£230,611, reflecting a 2% dip compared to the previous year. This decrease brought prices down from their 2022 peak. Despite the decline, Nottingham remained a more affordable option compared to some other UK cities
Sheffield House Prices
Sheffield's housing scene is a mix of grit and charm. Terraced houses in red brick, built to house steelworkers, line the streets, telling the story of the city's industrial past. Grander Victorian terraces and tree-lined suburbs with detached and semi-detached houses offer a comfortable feel, while modern developments add a contemporary touch.
Most Expensive Areas in Sheffield:
Area | Average Property Price | Notable Features |
|---|---|---|
Dore: | Ā£650,000 | Affluent suburb, large detached houses, leafy streets, excellent schools, rural surroundings, close to Peak District |
Broomhall: | Ā£575,000 | Trendy neighbourhood, Victorian terraces, a mix of families and professionals, vibrant atmosphere, close to amenities |
Ecclesall: | Ā£525,000 | Family-friendly neighborhood, mix of modern and traditional properties, good schools, parks and green spaces, convenient transport links |
Hunters Bar: | Ā£500,000 | Popular with young professionals, mix of apartments and houses, lively nightlife, close to city centre |
Ranmoor: | Ā£475,000 | Peaceful location, large detached houses, affluent community, close to Sheffield Botanical Gardens, convenient transport links |
Westminster Bridge Road: | Ā£450,000 | Waterfront location, modern apartments, stunning views of the River Don Valley, close to city centre attractions |
Gleadless Wood: | Ā£425,000 | Exclusive gated community, detached houses, affluent residents, secure environment, close to countryside |
Most Affordable Areas in Sheffield:
Area | Average Property Price | Notable Features |
|---|---|---|
Eastwood: | Ā£150,000 | Family-friendly area, good schools, green spaces, mix of housing options, close to amenities and transport links |
Attercliffe: | Ā£160,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing styles, close to city centre |
Darnall: | Ā£170,000 | Affordable housing, diverse community, close to amenities and transport links, improving amenities |
High Green: | Ā£180,000 | Family-friendly area, mix of traditional and modern housing, green spaces, close to parks and city centre |
Sharrowvale: | Ā£190,000 | Student area, affordable housing options, diverse community, close to Sheffield Hallam University |
Burngrein: | Ā£200,000 | Up-and-coming area, close to Peak District, mix of housing styles, improving amenities, diverse community |
Brightside: | Ā£210,000 | Trendy neighborhood, diverse community, mix of shops and restaurants, close to city centre and Kelham Island |
They averaged around Ā£208,000 in 2023, with a slight decline of 3% compared to 2022. There were variations though, with newly built properties fetching a higher price than established ones. Is there another city you'd like to know about?
Bristol House Prices
Bristol's housing boasts a colourful personality. Vibrant Georgian townhouses with tall windows line its streets, some painted in cheerful hues. Terraced houses in a warm Bath stone add texture, while trendy converted warehouses offer cool living spaces. Family-friendly suburbs boast modern and period detached and semi-detached houses, making Bristol a city that caters to diverse tastes.
Most Expensive Areas in Bristol:
Area | Average Property Price | Notable Features |
|---|---|---|
Clifton: | Ā£1,150,000 | Historic area with Georgian terraces, picturesque views, affluent community, excellent schools, close to Clifton Suspension Bridge |
Westbury-on-Trym: | Ā£850,000 | Sought-after suburb, large detached houses, family-friendly atmosphere, good schools, close to countryside |
Redland: | Ā£775,000 | Victorian terraces, leafy streets, affluent community, diverse population, close to city centre |
Cotham: | Ā£725,000 | Trendy neighborhood, Victorian houses, mix of families and professionals, vibrant atmosphere, close to amenities |
Leigh Woods: | Ā£675,000 | Stunning views of the Avon Gorge, mix of modern and traditional properties, close to nature reserve, desirable location |
Stoke Bishop: | Ā£650,000 | Spacious properties, affluent community, excellent schools, close to golf courses and countryside |
Sneyd Park: | Ā£625,000 | Family-friendly suburb, mix of housing styles, good schools, green spaces, convenient transport links |
Most Affordable Areas in Bristol:
Area | Average Property Price | Notable Features |
|---|---|---|
Southmead: | Ā£225,000 | Up-and-coming area, regeneration projects underway, diverse community, affordable housing options, close to amenities |
Easton: | Ā£230,000 | Student area, diverse community, mix of housing styles, close to city centre and universities |
Lawrence Hill: | Ā£240,000 | Trendy neighbourhood, independent shops and restaurants, artistic vibe, affordable housing options, close to city centre |
St Werburghs: | Ā£250,000 | Up-and-coming area, diverse community, mix of traditional and modern housing, improving amenities, close to city centre |
Hartcliffe: | Ā£260,000 | Family-friendly area, good schools, green spaces, affordable housing options, close to amenities and transport links |
Barton Hill: | Ā£270,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, regeneration projects underway |
Fishponds: | Ā£280,000 | Family-friendly area, good schools, green spaces, affordable housing options, convenient transport links |
In 2023, Bristol's average house price saw a slight decline of around 3% compared to 2022, landing at Ā£364,883. Despite the dip, demand for housing remained high, outstripping supply. Is there another city you'd like information on instead?
Belfast House Prices
Belfast's housing reflects its complex history. Red-brick Victorian terraces dominate, offering a sense of community and resilience. Grander, white-painted Georgian townhouses stand as reminders of a colonial past. Modern waterfront developments add a sleek touch, while colorful murals adorning many houses showcase Belfast's vibrant artistic spirit.
Most Expensive Areas in Belfast:
Area | Average Property Price | Notable Features |
|---|---|---|
Stranmillis: | Ā£425,000 | Victorian terraces, leafy streets, affluent community, excellent schools, close to Queen's University and Botanic Gardens |
Comber Road: | Ā£400,000 | Spacious detached houses, affluent families, close to Malone Road and Lisburn Road shopping districts |
Strathmore Park: | Ā£375,000 | Large modern development, family-friendly amenities, convenient location close to city centre |
Cultra: | Ā£350,000 | Picturesque coastal location, large detached houses, stunning sea views, affluent community, close to Cultra Estate |
Hollywood: | Ā£325,000 | Village setting, mix of traditional and modern properties, affluent community, close to Belfast Hills |
Gilnahirk: | Ā£300,000 | Family-friendly area, good schools, green spaces, convenient transport links, close to Dundonald |
Lisburn Road: | Ā£275,000 | Trendy neighborhood, vibrant atmosphere, mix of shops and restaurants, close to city centre |
Most Affordable Areas in Belfast:
Area | Average Property Price | Notable Features |
|---|---|---|
Ardoyne: | Ā£130,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing options, close to city centre |
Falls Road: | Ā£140,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, improved amenities |
Shankill Road: | Ā£150,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, regeneration projects underway |
Lisburn Road (further out): | Ā£160,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Ballymurphy: | Ā£170,000 | Up-and-coming area, diverse community, mix of housing styles, close to amenities and transport links, improving amenities |
West Belfast: | Ā£180,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, green spaces |
Rathcoole: | Ā£190,000 | Family-friendly area, good schools, green spaces, convenient transport links, mix of housing options |
Belfast house prices in 2023 exhibited stability or moderate growth. The average price hovered around Ā£179,530, with a slight increase throughout the year. This trend aligns with the overall picture for Northern Ireland, where a lack of new builds continues to prop up prices.
Brighton House Prices
Brighton's housing is a quirky delight. Colourful Regency townhouses with intricate stucco details line the streets, some boasting iconic white pebbles on their facades. Charming fishermen's cottages huddle near the beach, while grand Victorian seafront hotels hint at the city's long history as a seaside escape. Modern developments offer contemporary living, but Brighton's heart lies in its unique and playful architectural character.
Most Expensive Areas in Brighton:
Area | Average Property Price | Notable Features |
|---|---|---|
BN41 (Fishergate & Portslade): | Ā£350,598 | Beachfront location, large detached houses, affluent community, close to marina and King Alfred Palace |
Rottingdean: | Ā£500,000 | Picturesque village setting, historical charm, stunning sea views, affluent community, close to nature reserve |
Ovingdean: | Ā£475,000 | Sought-after seaside location, large detached houses, affluent families, close to golf courses and countryside |
Kemptown: | Ā£450,000 | Regency squares and terraces, seafront location, diverse community, vibrant nightlife, close to Brighton Pier |
Montpelier & Clifton Hill: | Ā£425,000 | Trendy neighborhoods, Victorian terraces, mix of families and professionals, close to amenities and parks |
Hove (Kingsway & Goldstone): | Ā£400,000 | Mix of traditional and modern properties, convenient location close to Brighton city centre, diverse community |
The Lanes: | Ā£375,000 | Historic shopping district, mix of apartments and shops, vibrant atmosphere, close to Brighton Pier and seafront |
Most Affordable Areas in Brighton:
Area | Average Property Price | Notable Features |
|---|---|---|
Hove (Whitehawk & Moulsecoomb): | Ā£275,000 | Up-and-coming areas, regeneration projects underway, diverse community, mix of housing styles, close to amenities |
Preston Park: | Ā£285,000 | Green spaces, family-friendly atmosphere, mix of traditional and modern housing, diverse community, close to amenities |
London Road: | Ā£290,000 | Diverse community, mix of shops and restaurants, close to Brighton city centre and train station |
St. Leonards & West Hill: | Ā£300,000 | Diverse community, mix of housing styles, close to amenities and transport links, regeneration projects underway |
Patcham: | Ā£310,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Hove Park: | Ā£320,000 | Family-friendly area, good schools, green spaces, close to Hove Lagoon and beach, convenient transport links |
Whitehawk: | Ā£330,000 | Seaside location, regeneration projects underway, diverse community, mix of housing styles, improving amenities |
Brighton house prices in 2023 differed from the national trend. There was a slight decline of around 2% compared to 2022, with the average price reaching Ā£427,000. However, this decrease is relatively small and prices remain above pre-pandemic levels.
Leicester House Prices
Leicester's housing reflects its rich past and modern character. Victorian terraces, many built from red brick, dominate the landscape, offering a sense of community and history. Grand Georgian townhouses grace the city centre, remnants of Leicester's prosperous past. Modern estates and new builds provide a fresh perspective, while suburbs boast detached and semi-detached houses, catering to families and young professionals.
Most Expensive Areas in Leicester:
Area | Average Property Price | Notable Features |
|---|---|---|
Knighton: | Ā£500,000 | Historic village setting, large detached houses, affluent community, close to countryside and Leicester Forest East |
Stoneygate: | Ā£475,000 | Leafy suburbs, Victorian terraces, family-friendly atmosphere, good schools, close to amenities |
Thorpe Astley: | Ā£425,000 | Village setting, mix of traditional and modern properties, affluent community, close to golf courses and countryside |
Oadby: | Ā£400,000 | Family-friendly town, good schools, green spaces, convenient transport links, close to Leicester city centre |
Wigston: | Ā£375,000 | Sought-after suburb, spacious properties, affluent families, close to countryside and M1 motorway |
Blaby: | Ā£350,000 | Market town setting, mix of traditional and modern housing, good schools, convenient transport links, close to countryside |
Braunstone Town: | Ā£325,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing styles, close to amenities |
Most Affordable Areas in Leicester:
Area | Average Property Price | Notable Features |
|---|---|---|
Highfields: | Ā£200,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, regeneration projects underway |
Belgrave: | Ā£210,000 | Up-and-coming area, diverse community, improving amenities, mix of housing styles, close to city centre |
Golden Mile (Braunstone Gate): | Ā£220,000 | Diverse community, vibrant atmosphere, mix of shops and restaurants, close to city centre |
East Goscote: | Ā£230,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
West End: | Ā£240,000 | Student area, affordable housing options, diverse community, close to De Montfort University |
Hamilton: | Ā£250,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, regeneration projects underway |
South Wigston: | Ā£260,000 | Family-friendly area, good schools, green spaces, convenient transport links, close to countryside |
Leicester house prices in 2023 showed some conflicting data. While some sources suggest an average of Ā£276,920, others report a slight decline of 1% or an average of Ā£294,000. Regardless, the overall trend suggests stability or a very modest decrease.
Edinburgh House Prices
Edinburgh's housing is a masterpiece in stone. Towering Victorian tenement buildings in warm sandstone dominate the streets, offering a sense of grandeur and a unique sense of community. Exclusive Georgian townhouses grace the city centre, while charming mews houses tucked away in cobbled lanes whisper of a bygone era.
Most Expensive Areas in Edinburgh:
Area | Average Property Price | Notable Features |
|---|---|---|
New Town: | Ā£1,450,000 | Georgian terraces, prestigious address, affluent community, close to Princes Street Gardens |
Stockbridge: | Ā£1,350,000 | Picturesque village setting, leafy streets, affluent community, close to Water of Leith Walkway |
Bruntsfield: | Ā£1,200,000 | Victorian terraces, family-friendly atmosphere, good schools, close to Bruntsfield Links |
Morningside: | Ā£1,150,000 | Sought-after suburb, large detached houses, affluent families, close to Hermitage Park |
Blackford: | Ā£1,100,000 | Stunning views, large detached houses, affluent community, close to Blackford Hill |
Barnton: | Ā£1,050,000 | Village setting with waterfront properties, affluent community, close to Cramond Island |
Corstorphine: | Ā£1,000,000 | Spacious properties, family-friendly atmosphere, good schools, close to Edinburgh Airport |
Most Affordable Areas in Edinburgh:
Area | Average Property Price | Notable Features |
|---|---|---|
Granton: | Ā£300,000 | Up-and-coming area, regeneration projects underway, diverse community, close to waterfront and tram line |
Leith: | Ā£350,000 | Trendy neighborhood, diverse community, mix of shops and restaurants, close to waterfront |
Dalry: | Ā£375,000 | Student area, affordable housing options, diverse community, close to Edinburgh University |
Pilton: | Ā£400,000 | Up-and-coming area, regeneration projects underway, diverse community, close to Holyrood Park |
Meadows: | Ā£425,000 | Diverse community, mix of traditional and modern housing, close to parks and city centre |
Southside: | Ā£450,000 | Family-friendly area, good schools, green spaces, mix of housing options, close to amenities |
Restalrig: | Ā£475,000 | Up-and-coming area, diverse community, mix of housing styles, close to amenities and transport links |
Edinburgh house prices in 2023 saw a shift. There were initial increases in early 2023, but the latter half saw a decline of around 5% compared to the previous year. This brought the average price down to Ā£281,513.
Bournemouth House Prices
Bournemouth boasts a delightful blend of beachside charm and Victorian elegance. Grandiose Victorian hotels lining the seafront evoke a sense of seaside grandeur. Colourful beach huts add a playful touch, while streets are lined with charming Victorian terraces and detached houses in a variety of styles, offering a perfect haven for those seeking a relaxed coastal lifestyle.
Most Expensive Areas in Bournemouth:
Area | Average Property Price | Notable Features |
|---|---|---|
Sandbanks: | Ā£1,850,000 | Luxurious beachfront location, large detached houses, affluent community, stunning sea views, close to nature reserve |
Poole Harbour: | Ā£1,100,000 | Waterfront location, mix of apartments and houses, affluent community, marina access, close to amenities |
Westbourne: | Ā£875,000 | Family-friendly area, large detached houses, good schools, green spaces, convenient transport links |
Branksome Park: | Ā£825,000 | Affluent suburb, large detached houses, golf courses, close to beaches and Bournemouth town centre |
Alum Chine: | Ā£750,000 | Picturesque coastal location, mix of traditional and modern properties, close to beaches and nature reserve |
Charminster: | Ā£700,000 | Trendy neighborhood, Victorian terraces, mix of families and professionals, vibrant atmosphere, close to amenities |
Boscombe Manor: | Ā£675,000 | Sought-after location, mix of traditional and modern properties, close to beaches and Bournemouth town centre |
Most Affordable Areas in Bournemouth:
Area | Average Property Price | Notable Features |
|---|---|---|
Eastbourne: | Ā£325,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing options, close to amenities |
Winton: | Ā£340,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, improving amenities |
Boscombe: | Ā£350,000 | Family-friendly area, mix of traditional and modern properties, close to beaches and amenities, regeneration projects underway |
Southbourne: | Ā£360,000 | Family-friendly area, good schools, green spaces, close to beaches and amenities |
Kings Park: | Ā£375,000 | Diverse community, mix of housing styles, close to amenities and transport links, proximity to Bournemouth University |
Moordown: | Ā£380,000 | Family-friendly area, good schools, green spaces, convenient transport links, close to amenities |
Littledown: | Ā£390,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing styles, close to amenities |
Bournemouth's 2023 housing market saw some price softening, with averages between Ā£366,000 and Ā£422,000 depending on the source. This suggests a possible slight decline from 2022, with detached houses commanding a much higher premium than flats.
Cardiff House Prices
Cardiff's housing showcases a mix of Victorian grandeur and modern flair. Soaring Victorian arcades and Gothic revival buildings like the Principality Stadium define the city centre. Terraced houses in warm red brick offer a sense of community, while leafy suburbs boast a mix of period and contemporary detached and semi-detached houses, perfect for families seeking a vibrant and historic city to call home.
Most Expensive Areas in Cardiff:
Area | Average Property Price | Notable Features |
|---|---|---|
Llandaff: | Ā£600,000 | Affluent suburb, Victorian houses, leafy streets, good schools, close to countryside and Llandaff Cathedral |
Penylan: | Ā£575,000 | Spacious properties, affluent families, close to golf courses and countryside, convenient transport links |
Heath: | Ā£550,000 | Mix of modern and traditional properties, family-friendly atmosphere, good schools, green spaces, convenient location |
Pontcanna: | Ā£525,000 | Trendy neighborhood, Victorian terraces, vibrant atmosphere, mix of families and professionals, close to amenities |
Roath Park: | Ā£500,000 | Large green spaces, family-friendly atmosphere, mix of traditional and modern housing, close to amenities and city centre |
Whitchurch: | Ā£475,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, regeneration projects underway |
Canton: | Ā£450,000 | Lively waterfront location, mix of apartments and houses, diverse community, close to amenities and city centre |
Most Affordable Areas in Cardiff:
Area | Average Property Price | Notable Features |
|---|---|---|
Splott: | Ā£225,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing options, close to amenities |
Riverside: | Ā£230,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, improving amenities |
St Mellons: | Ā£240,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Cathays: | Ā£250,000 | Student area, diverse community, mix of traditional and modern housing, close to Cardiff University |
Grangetown: | Ā£260,000 | Diverse community, mix of housing styles, close to amenities and transport links, regeneration projects underway |
Adamsdown: | Ā£270,000 | Up-and-coming area, diverse community, mix of housing styles, improving amenities, close to city centre |
Tremorfa: | Ā£280,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Cardiff's market in 2023 differed from some UK trends. While some sources showed a slight increase (around 1.4% according to Local House Prices), others reported a decline (up to 13% according to Property Market Intel). The average price landed somewhere between Ā£206,334 (Property Market Intel) and Ā£267,605 (Local House Prices), with terraced houses being the most commonly sold type.
Coventry House Prices
Coventry's housing offers a charming mix of old and new. Quaint Elizabethan half-timbered houses peek out from side streets, whispering of the city's rich history. Terraced houses in red brick and warm stone line many avenues, fostering a strong sense of community. Modern estates offer contemporary living spaces, while suburbs boast detached and semi-detached houses, making Coventry a city that caters to a variety of lifestyles.
Most Expensive Areas in Coventry:
Area | Average Property Price | Notable Features |
|---|---|---|
Binley Woods: | Ā£425,000 | Affluent suburb, large detached houses, leafy streets, excellent schools, close to countryside |
Four Oaks: | Ā£400,000 | Spacious properties, affluent families, good schools, close to golf courses and countryside, convenient transport links |
Radford: | Ā£375,000 | Mix of modern and traditional properties, family-friendly atmosphere, good schools, green spaces, convenient location |
Earlsdon: | Ā£350,000 | Trendy neighborhood, Victorian terraces, vibrant atmosphere, mix of families and professionals, close to amenities |
Allesley Park: | Ā£325,000 | Spacious properties, affluent community, close to Allesley Park, convenient transport links |
Wyken: | Ā£300,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Cheylesmore: | Ā£275,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, improving amenities |
Most Affordable Areas in Coventry:
Area | Average Property Price | Notable Features |
|---|---|---|
Hillfields: | Ā£160,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing options, close to amenities |
Foleshill: | Ā£170,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, improving amenities |
Bell Green: | Ā£180,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Coventry City Centre: | Ā£190,000 | Diverse community, mix of apartments and houses, close to amenities and attractions, regeneration projects underway |
Sherbourne: | Ā£200,000 | Up-and-coming area, diverse community, mix of housing styles, improving amenities, close to city centre |
Holbrooks: | Ā£210,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Foleshill: | Ā£220,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, improving amenities |
Coventry house prices in 2023 displayed a slight decline. The average price hovered around Ā£230,759 to Ā£304,343 depending on the source. This translates to a possible decrease of 2-3% compared to 2022. Terraced properties were the most common type sold, with detached houses fetching a significantly higher price.
Middlesbrough House Prices
Middlesbrough's housing tells a story of industrial heritage and modern regeneration. Terraced houses in red brick, once home to steelworkers, line many streets. Grand Victorian townhouses stand proudly in some areas, while converted industrial buildings offer trendy loft apartments. Modern estates with family-friendly detached and semi-detached houses signal Middlesbrough's transformation into a dynamic and forward-thinking city.
Most Expensive Areas in Middlesbrough:
Area | Average Property Price | Notable Features |
|---|---|---|
Marton: | Ā£325,000 | Large detached houses, family-friendly atmosphere, good schools, green spaces, convenient transport links |
Yarm: | Ā£300,000 | Picturesque riverside location, historical charm, mix of traditional and modern properties, affluent community, close to countryside |
Acklam: | Ā£275,000 | Leafy streets, Victorian terraces, family-friendly atmosphere, good schools, close to Middlesbrough College |
Linthorpe: | Ā£250,000 | Trendy neighborhood, mix of apartments and houses, vibrant atmosphere, close to amenities and Middlesbrough town centre |
Nunthorpe: | Ā£240,000 | Coastal location, family-friendly atmosphere, good schools, mix of housing options, convenient transport links |
Eaglescliffe: | Ā£230,000 | Spacious properties, affluent community, close to golf course and countryside, convenient transport links |
Coulby Newham: | Ā£220,000 | Mix of modern and traditional properties, family-friendly atmosphere, good schools, green spaces, close to Teesside University |
Most Affordable Areas in Middlesbrough:
Area | Average Property Price | Notable Features |
|---|---|---|
North Ormesby: | Ā£140,000 | Up-and-coming area, regeneration projects underway, diverse community, mix of housing options, close to amenities |
Grove Hill: | Ā£150,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, improving amenities |
Newport: | Ā£160,000 | Affordable housing options, close to Riverside Stadium and town centre, regeneration projects underway |
Middlehaven: | Ā£170,000 | Up-and-coming area, waterfront location, mix of apartments and houses, close to amenities and town centre |
Park End: | Ā£180,000 | Diverse community, mix of traditional and modern housing, close to amenities and transport links, regeneration projects underway |
Thorntree: | Ā£190,000 | Family-friendly area, good schools, green spaces, mix of housing options, convenient transport links |
Coulby Newham (Estates): | Ā£200,000 | More affordable housing options within Coulby Newham, diverse community, close to amenities and transport links |
Middlesbrough's 2023 housing market saw mixed data on average prices (around Ā£115,000 to Ā£150,000), but most sources suggested a slight decline from 2022, with Rightmove reporting a 7% dip. Terraced properties remained the most popular choice.
Stoke-on-Trent House Prices
Stoke-on-Trent's housing reflects its industrial roots and artistic flair. Red-brick terraced houses, once home to pottery workers, dominate the landscape, fostering a strong sense of community. Grand Victorian townhouses stand as reminders of the city's industrial prosperity. Modern estates offer a fresh perspective, while pockets of quirky converted canalside warehouses cater to those seeking a unique and creative living space.
Most Expensive Areas in Stoke-on-Trent:
Area | Average Property Price | Notable Features |
|---|---|---|
Trentham: | Ā£400,000 | Picturesque estate village, large detached houses, affluent community, Trentham Gardens, close to countryside |
Newcastle-under-Lyme: | Ā£375,000 | Georgian town centre, mix of traditional and modern properties, affluent community, good schools, convenient transport links |
Stone: | Ā£350,000 | Charming market town, historical centre, mix of traditional and modern properties, affluent community, close to countryside |
Meir Heath: | Ā£325,000 | Large detached houses, family-friendly atmosphere, good schools, green spaces, convenient transport links |
Penkhull: | Ā£300,000 | Mix of modern and traditional properties, family-friendly atmosphere, good schools, close to amenities |
Abbey Hulton: | Ā£275,000 | Large detached houses, affluent community, close to golf course and countryside, convenient transport links |
Biddulph: | Ā£250,000 | Victorian town, historical charm, mix of traditional and modern properties, affluent community, close to Peak District |
Most Affordable Areas in Stoke-on-Trent:
Area | Average Property Price | Notable Features |
|---|---|---|
Fenton: | Ā£160,000 | Diverse community with historic Etruria district, close to amenities and Hanley city centre, regeneration projects underway, good access to A50 and M6. |
Longton: | Ā£170,000 | Up-and-coming area with vibrant arts scene, home to The Potteries Museum & Art Gallery, diverse community, close to amenities and Longton Station. |
Hanley: | Ā£180,000 | Diverse community, mix of apartments and houses close to shops, restaurants, and Stoke-on-Trent city centre, regeneration projects underway, convenient transport links. |
Burslem: | Ā£190,000 | Historically significant pottery town with Burslem Park, diverse community, close to amenities and Burslem Station, regeneration projects underway. |
Tunstall: | Ā£200,000 | Family-friendly area with good schools, green spaces, and close proximity to Westport Lake, diverse community, regeneration projects underway. |
Shelton: | Ā£210,000 | Mix of traditional and modern housing, close to amenities and Shelton Bar, diverse community, regeneration projects underway. |
Kidsgrove: | Ā£220,000 | Family-friendly area with good schools, close to green spaces and Kidsgrove Sports Centre, diverse community, regeneration projects underway. |
Stoke-on-Trent's 2023 housing market displayed a decrease in prices. The average sold price landed around Ā£149,500, reflecting a drop of 5% compared to the previous year. This decline is consistent with some sources reporting an average price as high as Ā£197,000, but with a significant decrease over the past year. Terraced properties were the most commonly sold, with a significantly lower average price compared to detached houses.
The Final Advice:
So, that's a quick look at how property prices vary in different parts of the UK. Whether it's the expensive homes in London or the more affordable ones in other areas, the overall picture shows a market full of opportunities and difficulties. Before you jump into this exciting but challenging venture, here are some important points to keep in mind.
Smart Strategies:
Location: Choose your location wisely by considering your long-term needs and lifestyle. Whether you prefer the lively city centre or the peaceful suburbs, think beyond affordability. Take into account commute times, amenities, and the sense of community.
Beyond the Numbers: Don't rely solely on average prices; delve into specific neighbourhoods. Research local trends, upcoming developments, and potential hidden costs like parking or maintenance.
Know Your Budget: Be realistic about your budget. Consider not only the purchase price but also ongoing costs like property taxes, insurance, and possible renovations. Don't overstretch yourself financially, leaving room for unexpected expenses.
Embrace the Long Game: Remember that buying a home is a long-term investment. Consider your plans and ensure the property aligns with your evolving needs.
Seek Expert Advice: Seek advice from a reliable mortgage broker and estate agent to navigate the process smoothly.
Keep in mind that the best strategy is unique to you. Consider your individual needs, aspirations, and financial situation. Combine smart research, careful planning, and professional advice to navigate the UK's housing market and find your ideal home.
