ConservatoryLand, a UK supplier of self-build conservatories, has analysed what the UK’s average house price of £270,000 can get buyers across UK cities.
The study reveals 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.
The results follow the latest house price index from ONS, which noted a rise in average house prices across the UK from £264,000 to £270,000.
Stoke-on-Trent, Derby and Kingston upon Hull offer the most value for money, 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 three bedrooms, three bathrooms and a driveway. London is named the worst city in terms of value for money while outside of London it’s Reading, averaging two bedrooms and two 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.
The table below shows the top 10 cities for value for money:
|
Rank |
City |
Average No. of bedrooms |
Average No. of bathrooms |
Chance of driveway (%) |
Average square metre |
|
1 |
Stoke-on-Trent |
4 |
3 |
80% |
86 |
|
2 |
Derby |
4 |
2 |
100% |
91 |
|
3 |
Kingston upon Hull |
4 |
2 |
100% |
87 |
|
4 |
Blackpool |
3 |
2 |
80% |
90 |
|
5 |
Wolverhampton |
4 |
1 |
100% |
90 |
|
6 |
Newport (Wales) |
4 |
2 |
60% |
95 |
|
7 |
Birmingham |
3 |
1 |
100% |
90 |
|
8 |
Liverpool |
3 |
2 |
80% |
92 |
|
9 |
Coventry |
3 |
2 |
80% |
89 |
|
10 |
Preston |
4 |
1 |
80% |
91 |
ConservatoryLand’s full study can be viewed here.
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