What you can buy for the average asking price in every region
We often talk about the average asking price of a home in Britain, but what does that mean where you live, or where you might be looking to buy?
The national average currently stands at £337,371, but prices can vary so much across each region. In fact, at the moment there’s a difference of almost £470,000 between asking prices in London, the most expensive location, and the least expensive, which is currently the North East.
So we take a look at what you can buy in England, Scotland and Wales for less than the average asking price in each region.
Take a look…
Scotland
Average asking price: £170,210
Cairndow, Argyll and Bute
In Scotland, we’ve found this 2/3-bed cottage with a sun room and incredible views across Loch Fyne, and the glorious mountains and glens beyond.
East of England
Average asking price: £392,280
Norwich, Norfolk
Here’s the perfect home for football fans. This pretty two-bedroom period cottage with a self-contained annexe faces the rising terraces of Norwich City Football Club’s South Stand.
North West
Average asking price: £228,594
Penrith, Cumbria
Set within a Victorian school conversion, this three-bedroom home is packed with character features and is close to the town centre of Penrith, in Cumbria’s Eden Valley.
South West
Average asking price: £350,600
Blandford Forum, Dorset
In the popular Dorset village of Shillingstone, we’ve found this three-bedroom thatched house with a bright conservatory, a paved rear garden and a garage.
South East
Average asking price: £448,166
Holliers Hill, Bexhill-On-Sea
This deceptively spacious four-bedroom house dates back to 1740 and over the years it is rumoured to have once been the local police station and the high street butcher’s shop. Original features remain, with exposed beams throughout and brick and inglenook fireplaces.
West Midlands
Average asking price: £259,211
Kempsey, Worcester
This lovely two-bedroom thatched cottage in the popular village of Kempsey is packed with period features and has a wraparound garden with a patio and decked area.
North East
Average asking price: £165,712
Penshaw Manor, Sunderland
This semi-detached house is set within a modern development in Penshaw Manor and has three bedrooms, a large modern kitchen and a sun-trap rear garden.
Wales
Average asking price: £236,037
Cwmbran, Torfaen
This three-bedroom, semi-detached house has a garage and a split-level garden, and is close to Cwmbran town centre.
London
Average asking price: £635,585
West Ealing, west London
The average asking price in London can buy a three-bedroom house, like this Edwardian terrace, which is minutes from West Ealing station and will be on the high-speed Crossrail route.
Yorks & Humber
Average asking price: £219,692
Longwood, Huddersfield
Five bedrooms are spread across three levels within this end-of-terrace stone cottage, close to the bars and restaurants of Lindley village in Huddersfield.
East Midlands
Average asking price: £258,374
Dunham on Trent, Newark
This two-storey house in Newark has recently been fitted with a new kitchen, and there’s also a separate dining room and garden room on the ground floor, with three bedrooms upstairs.
READ MORE: Take a look at our full House Price Index report for August 2021, which includes a map of average asking prices in every region.
READ MORE: Why have asking prices fallen for the first time in 2021?