The ONS have released the latest house price index, noting a rise in average house prices across the UK from £264,000 to £270,000. A new study has revealed where UK homebuyers will get the most value for their money, based on the number of bedrooms, bathrooms, square meterage, chances of a driveway and the type of house across the top 30 most populated UK cities.
Stoke-on-Trent, Derby and Kingston upon Hull offer the most value for money, according to the analysis by conservatory supply and installation company, ConservatoryLand, while Southend-on-Sea, Reading and London offer very little for upwards of £270,000.
Whether looking for a property for a growing family or simply more space for guests, Stoke-on-Trent offers the best value, averaging 3 bedrooms, 3 bathrooms and a driveway. London is named the worst city in terms of value for money while outside of London it’s Reading, averaging 2 bedrooms and 2 bathrooms.
When it comes to square meterage, Cardiff offers the most space averaging £2,700 per square metre, while perhaps unsurprisingly London is named the most expensive with homebuyers paying an eye-watering £5,745 per square metre.
So, what exactly can the UK’s average house price, £270,000, get you across in the UK’s biggest cities?
The top 10 cities for value for money
The top 10 worst cities for value for money
The full study can be found here: https://www.conservatoryland.com/blog/what-the-uks-average-house-price-buys-you/