GuidePrices
What a home costs here
A rough price for a home of a chosen size: its floor area times the area's typical price per square metre.
Use it
Example
A 2-bed of about 70 m² in an area where the typical price is £8,000 per m² comes to about £560,000. The same flat in an area at £5,500 per m² would be about £385,000.
How we calculate it
- Pick a size: 1-bed is taken as 50 m², 2-bed as 70 m², 3-bed as 95 m².
- Multiply it by the area's latest price per square metre: the median of homes sold there in the last 12 months.
The fine print
- This is a rough guide, not a valuation. It knows nothing about a home's condition, layout, floor, outdoor space or tenure.
- The typical price mixes the houses and flats that happened to sell in the area; a 50 m² flat and a 50 m² house can sell for very different amounts.
- Where the area has too few sales, the price per m² (and so the home cost) comes from its MSOA or borough, and says so.
- The monthly cost comparison uses your own numbers side by side. It is not financial advice.