The top 10 most expensive UK cities for house prices
If you are considering buying or moving house keep in mind how the area you choose will greatly impact on the asking price. We have rounded up (from the most expensive to the leasth) the top ten most expensive cities in the UK when it comes to buying a home.
All statistics are current at the time of writing and are taken from the Zoopla, which gives property values in all areas of the UK. To put house prices in some perspective, it’s also useful to compare different types of housing in different towns, with contrasting economic status.
Here’s the current list of cities based on the latest statistics:
London
Not only the most expensive city to live in the UK, but also one of the most expensive in the world. Residents in the capital must struggle to pay the highest prices for their homes, whether they are paying a mortgage or rent, and the highest fares for public transport. It is also the city where a cup of coffee costs the most and where two tickets for the theatre can cost the equivalent of two days’ hard work in the office. The average house price is around £538,200, with some boroughs, like Kensington and Chelsea, reaching well over £1 million.
Cambridge
Cambridge tops the list outside of London with average house prices now at approximately £537,200, driven by high demand and limited housing supply in this university city.
Oxford
Following closely, Oxford boasts an average property price of £483,200. Its proximity to London and the cultural significance of its university continues to attract homebuyers.
Brighton
Known for its seaside charm and direct links to London, Brighton’s house prices average £462,600, making it a highly sought-after location for commuters.
St Albans
Situated just outside London, St Albans has seen its property market flourish, with average house prices around £553,000, making it a desirable spot for those who prefer a more suburban feel.
Bristol
Bristol has emerged as one of the most expensive places to buy property in the South West, with average house prices around £382,900
Edinburgh
Scotland’s capital continues to feature prominently, with average house prices around £336,700, driven by its mix of history, culture, and robust job market.
Bournemouth
This coastal city has seen prices rise to £328,500, as its seven miles of beaches and proximity to natural reserves like the New Forest attract both retirees and young professionals.
Reading
Another popular commuter town, Reading boasts average property prices of around £368,500, benefiting from fast rail links to London.
Winchester
Known for its historical significance and proximity to nature, Winchester has an average house price of £446,500, cementing its place as one of the more expensive cities in the South.
This updated list reflects the current state of the property market in the UK, focusing on house prices and their surrounding appeal, particularly with locations close to London and those offering scenic or historical significance.
