House prices: how much does a square metre cost where you live?

Posted on 17 October 2017 by Richard

Be the first to comment


We all know that houses in England and Wales can be expensive, but the latest figures from the Office for National Statistics (ONS) have revealed exactly how expensive really are, right down to the square metre.

The research shows from the ONS revealed that on average, across England and Wales, our homes cost us an average of £2,395 per square metre. Amazingly the most expensive area of England and Wales costs 25 times as much as in the cheapest area. Of course, the most expensive areas is located inside the M25, in the Royal Borough of Kensington and Chelsea where one square metre – an area barley bigger than the size of an old red phone box costs an eye watering £19,439. In a stark comparison Blaenau Gwent, which is in the South Wales valleys just outside of the Brecon Beacons, costs £777 per square metre.

Unsurprisingly, 19 of the top 20 most expensive area were in London, with the City of London, following Kensington and Chelsea and then Westminster and Camden topping the list. Barking and Dagenham was the least expensive London Borough area with an average square metre still costing £3,994.

Find out the property prices per square metre where you live with the interactive map below:

For more information or to speak with our mortgage experts please call 0344 346 3672 or submit an enquiry here.

Comments

Post a Comment

Please keep your comments relevant. Charcol reserves the right to edit or delete comments.

The blog postings on this site solely reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them. We may contact you in response to your comment – by submitting your comment, you are consenting to this.

To find out more about how we collect, use and protect your data, please read our privacy policy.

You are currently offline. Some pages or content may fail to load.