England’s Housing Market - The Most and Least Expensive Places
There are huge differences between different parts of England when it comes to home prices. Though an average price is about £500,000, it is possible to find properties for a third or even a quarter of this price if you chose not to buy a home in the hottest spots. In the latter case, you can consider yourself lucky if you can find a home for £500,000, especially if you want to live in London or nearby.
To demonstrate the difference between different parts of England, here are some of the most and least expensive places to buy property (excluding London and its commuter towns).
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Winchester, Hampshire. Often included on the lists of the best places to live in Britain, Winchester is also one of the most expensive places to buy a home as properties here sell at an average price of about £2,800 per square metre. In addition, the prices continue to rise.
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Oxford, Oxfordshire. The seat of the oldest university in the English-speaking world isn’t only highly popular with students. It is also very popular with home buyers even though it is one of the most expensive places to buy property in England as an average price is about £2,800 per square metre.
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Altrincham, Trafford. This historic market town is a highly desirable place to live as well. And this is reflected in its housing prices. With an average price of about £2,300 per square metre, Altrincham is one of the most expensive places outside South East.
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Scunthorpe, North Lincolnshire. Here you will pay at least half the price of the above mentioned cities as an average price per square metre is about £1,000. This makes Scunthorpe one of the cheapest towns to buy a home in England.
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Accrington, Lancashire. This is another place where you can buy property for a price below the national average. The prices are comparable to other places in England with low property values, depending on the type, location and condition of the property in question. On average, a square metre costs about £1,000.
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Stanley, County Durham. In 2014, this town was Britain’s cheapest place to buy a home as an average price per square metre didn’t even reach £900. For a comparison, an average square metre in Kensington and Chelsea is nearly £11,000.