1. Overall house prices in the UK
- National average: According to past data and market conditions, the average house price in the UK is around £250,000, but this is only a rough average value, and house prices in different regions vary greatly. For example, in 2022, the average house price in Kensington and Chelsea, the UK's highest-priced areas, will be almost five times the national average.
- Comparison with other countries: house prices in the UK are at a relatively high level compared to some European countries. This is mainly due to the UK's higher level of economic development and higher population density, especially in some major cities, where demand for housing is high, driving up house prices.
2. Areas with higher house prices in the UK
- London: As the capital of the United Kingdom and an international metropolis, London's house prices have always been high. The central areas of London, such as Kensington, Chelsea, Westminster and other areas, are the places with the highest house prices in the UK. These areas are blessed with a favourable geographical location, rich cultural resources, quality education resources and sound infrastructure, attracting a large number of rich and famous people and high-income people to live there. For example, an average home in Kensington and Chelsea can cost millions of pounds or more.
- South East: The South East of England, including counties such as Surrey, Kent and Essex, is also an area of high house prices. With its proximity to London, easy access to public transport and a well-developed economy, it is an ideal choice for many people to work and live in. As a result, the property prices in this region are also affected by the radiation of London and show a higher level.
3. Cities with the cheapest property prices in the UK
- Aberdeen: Located in Scotland, Aberdeen is one of the cheaper cities in the UK. This harbour city, famous for its unique stone architecture, is the third most populous city in Scotland after Glasgow and Edinburgh. According to 2024 figures, the average home in Aberdeen sells for just £102,600.
- Sunderland: Located in the north-east of England, Sunderland is also a city with relatively low house prices. The lower prices are mainly due to the region's relatively low economic development and relatively few employment opportunities, making it less attractive to the population. However, Sunderland has its own advantages, such as beautiful beaches and natural scenery, as well as a relatively low cost of living.
- Burnley: Burnley, located in the north-west of England, is also one of the cheaper cities in the UK. The lower property prices in this area are mainly due to its relatively remote location, poor transport links and relatively low level of economic development. However, Burnley is also actively developing its economy and improving its infrastructure, and house prices may rise in the future.
House prices in the UK vary from region to region, with higher prices in some big cities and popular areas and relatively lower prices in some remote and less economically developed areas. If you are planning to buy a home in the UK, it is advisable to choose the right area and property according to your budget and needs.
