North vs. South: What The UK’s Average Property Price Can Purchase in 45 Major Cities

Brand new data from Mojo Mortgages has revealed significant differences in the types of properties the average UK house price can purchase across the country’s major cities.

The average house price is most likely to be able to purchase a 2-bed, 1-bath semi-detached property 

As part of their analysis, Mojo Mortgages analysed all 3,236 properties currently for sale* between £255,000 – £265,000 in the UK’s top 45 most populous towns and cities. For each listing, Mojo Mortgages noted the number of bedrooms and bathrooms in each property, as well as the property type (semi-detached, flat, terraced, etc.) mentioned on the listing.

After averaging the results of all 3,236 listings, Mojo Mortgages can reveal that the most common property is a 2.18-bedroom, semi-detached property with 1.26 bathrooms.

House Type No. of Bedrooms No. of Bathrooms Avg. House Price
Semi-Detached 2.18 1.26 £260,863

However, when broken down city by city, the findings show stark contrasts in what the national average can buy.

In Northern cities, the national average property price can purchase a 3-bedroom detached property

Mojo Mortgages’ analysis reveals that in Northern cities, the average UK house price of £261,142 can typically secure a 3-bedroom detached property.

  • Specifically, Middlesbrough tops the list as the city where the national average price can buy the most bedrooms. Here, the national average property price can typically secure a 3.85-bedroom detached home with 1.69 bathrooms.
  • Sunderland comes in second place, with the national average price able to purchase a 3.67-bedroom detached property with 1.87 bathrooms.
  • Another Northern city, Kingston upon Hull, rounds out the top three, where the national average price can secure a 3.5-bedroom detached home with 1.63 bathrooms.

 

Southern homeowners are more likely to be able to purchase a smaller 1-bedroom flat or apartment 

  • Out of all of 45 cities and towns analysed, homeowners in Brighton are likely to receive the least number of bedrooms for the national average property price. Residents here are most likely to be able to afford a flat or apartment with 1.31 bedrooms and 1.02 bathrooms.
  • Homeowners in Oxford are second-last, with the national average house price typically securing a flat or apartment with 1.5 bedrooms and 1.25 bathrooms.
  • Another university hotspot, Cambridge, then rounds up the bottom three. Here, the national average house price can most typically purchase a 1.56 bedroom flat or apartment, with 1.00 bathrooms exactly.

What the national average property price can purchase across all 45 UK towns & cities

Here are the full of all 45 towns & cities findings:

 

City / Town Region House Type Avg. house price Avg. number of bathrooms Avg. number of bedrooms
1. Middlesbrough Yorkshire Humber Detached £261,150 1.69 3.85
2. Sunderland North East Detached £261,104 1.86 3.67
3. Kingston upon Hull Yorkshire Humber Detached £260,708 1.63 3.50
4. Swansea Wales Detached £259,409 1.57 3.45
5. Glasgow Scotland Semi-Detached £260,314 2.36 3.16
6. Stoke-on-Trent West Midlands Detached £261,106 1.59 3.13
7. Ipswich East Semi-Detached £260,407 1.38 3.09
8. Huddersfield Yorkshire Humber Semi-Detached £260,722 1.36 3.06
9. Sheffield Yorkshire Humber Semi-Detached £260,599 1.47 3.06
10. Newcastle upon Tyne North East Semi-Detached £261,413 1.62 3.05
11. Wolverhampton West Midlands Semi-Detached £260,807 1.33 3.04
12. Telford West Midlands Semi-Detached £261,666 1.53 3.04
13. Liverpool North West Semi-Detached £260,409 1.49 3.03
14. Blackpool North West Bungalow £260,163 1.60 3.02
15. Plymouth South West Semi-Detached £260,177 1.45 3.02
16. Bradford Yorkshire Humber Semi-Detached £260,556 1.57 3.02
17. Derby East Midlands Semi-Detached £260,369 1.48 3.00
18. Bolton North West Semi-Detached £261,225 1.54 3.00
19. Nottingham East Midlands Semi-Detached £260,748 1.42 2.99
20. Peterborough East Semi-Detached £260,463 1.49 2.99
21. Warrington North West Semi-Detached £260,898 1.42 2.97
22. Coventry West Midlands Semi-Detached £260,350 1.51 2.94
23. Norwich East Semi-Detached £260,107 1.40 2.82
24. Gloucester South West Semi-Detached £260,961 1.35 2.79
25. Leeds Yorkshire Humber Semi-Detached £260,719 1.38 2.78
26. Cardiff Wales Semi-Detached £260,569 1.34 2.77
27. Leicester East Midlands Semi-Detached £260,394 1.08 2.75
28. Birmingham West Midlands Semi-Detached £260,295 1.33 2.73
29. Portsmouth South East Terraced £261,209 1.16 2.69
30. Northampton East Midlands Bungalow £260,458 1.29 2.59
31. Swindon South West Terraced £260,956 1.15 2.57
32. Manchester North West Flat / Apartment £260,518 1.36 2.42
33. Southampton South East Flat / Apartment £261,155 1.27 2.30
34. Edinburgh Scotland Flat / Apartment £261,582 1.52 2.26
35. Luton East Terraced £260,329 1.22 2.22
36. Bournemouth South West Flat / Apartment £260,823 1.33 2.19
37. Poole South West Flat / Apartment £260,878 1.38 2.16
38. York Yorkshire Humber Flat / Apartment £260,588 1.18 2.15
39. Milton Keynes South East Flat / Apartment £260,249 1.17 2.10
40. Bristol South West Flat / Apartment £261,374 1.12 2.03
41. Reading South East Flat / Apartment £260,148 1.23 2.00
42. Slough South East Flat / Apartment £261,756 1.16 1.72
43. Cambridge East Flat / Apartment £261,070 1.00 1.56
44. Oxford South East Flat / Apartment £262,500 1.25 1.50
45. Brighton South East Flat / Apartment £261,310 1.02 1.31

 

Mojo Mortgages’ analysis has uncovered clear city-by-city differences in the property type that home buyers are likely to be able to purchase with the national average property price (£261,142) across the UK. Having this awareness allows home buyers to tailor their home search to their specific needs and budget.

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