The average property price in the UK is now £256,000 but what can you actually get for you money? Buying in different areas around the country will afford you very different properties.
We’ve chosen Morecambe as property searches rose dramatically recent, in fact there was a 71% increase in a single week due to the popularity of TV show The Bay.
£259,950 gets you a 3 bedroom detached property which has been renovated and offers buyers a modern family home.
Or perhaps you’d prefer a luxurious and modern 2 bedroom apartment with breath-taking sea views. Properties here will set you back around £250,000.
Both of these properties are higher than the average property price in Morecambe which is around £157,000.
St Albans is a popular city because of its commuting distance and ease into central London, which takes around 20-30 minutes. At the same time there is some beautiful countryside on the doorstep.
Not only does At Albans have a vibrant nightlife with plenty of places to eat and drink, it also has some very good schools making it a popular choice for so many reasons.
But what does it cost to live there?
You won’t be surprised given all of the above that St Albans commands a high average property price at just over £582,000. Is it even possible to purchase at the UK average? Yes, there are some 1 bedroom apartments selling around that price.
This apartment could be perfect for first-time buyers given the Help to Buy scheme availability with only 5% deposit required.
Poor Peterborough has received some pretty negative press, recently being declared the worst place to live in the UK and holding the title for 3 years running. We’ve looked at some of the positive reasons to live in Peterborough.
Close to the Fens it has some dramatic and beautiful scenery on the doorstep. Peterborough also has a rice history and a 900 year old cathedral.
Given its southern location and fantastic commuter routes you’d be forgiven for thinking the average house price in Peterborough would be higher than £206,000. In keeping with the UK average, for £259,000 you can secure a 4 bedroom new build home.
The largest city in Somerset, Bath is considered one of the best places to live in the UK. Steeped in history and stunning architecture Bath is a popular tourist destination and a UNESCO World Heritage Site. But how does this affect Bath’s property prices? Well it’s average property price is just over £500,000.
If you want a city centre location then 1 bedroom flats are available around £250,000.
Or, what about a 3 bedroom terraced cottage?
In 2020 Alnwick was names one of the best places to live in the North East. Alnwick Castle is a big visitor draw and became increasingly popular after it was used for filming of Harry Potter. The average property price here is £220,000, not far from the national average.
Listed as an unusual property this home full of character is offers over £240,000.
We love looking at different properties throughout the country and seeing what can be bought with different budgets.