Thinking about moving home? Chances are, that if this is something you’re considering, you’d have looked at different houses already. Perhaps even in different areas to see what you can get for your money. If this sounds like you, have a look at these interesting titbits about all things to do with moving home.
What’s the typical size of a house in the UK?
This is not a one figure answer, as this depends on homeowner needs and where they’re located, not forgetting the price of the property. If you know which area you plan to move to, knowing how much you can borrow will help you narrow down the properties you may be interested in.
Of course, you can go to individual lenders to find this out by completing an application form and let them complete their own checks. Or you can do this once by seeking mortgage advice from a broker, like Trussle. What they’ll then do is take your information and do a soft credit check to see how much you can borrow without affecting your credit score. Plus they’ll go through their cache of lenders to get the best deal for you.
In London, the average home size is 705 square feet (sq ft) and costs £513,997. Perhaps not surprisingly, the average house price in England costs considerably less at £266,742. So if you’re thinking of looking for a London home for this price, you’d only be able to afford a property size of 366 sq ft in this region.
Contrastingly, in the North of England, the average home size in this region is slightly bigger than what it is in London, at 748 sq ft, yet costs considerably less to own at £140,248. This works out to only £187 per sq ft.
Astonishingly, if you were looking to purchase a property in the region at the value of the average house price in England (£266,742), you’d be able to get a fairly spacious property at 1,423 square feet.
Where’s the cheapest place to buy a home in the UK?
The top 5 cheapest places to live in the UK currently are:
- Shildon in County Durham, which has an average property price of £71,000.
- Cleator Moor, a coastal town, in Copeland.
- Ferryhill, like Shildon, is also located in County Durham.
- Stevenson, which is in North Ayrshire, Scotland.
- Cumnock, which is in East Ayrshire, and like Stevenson, is also located in Scotland.
Where’s the most expensive place to buy a home in the UK?
You may be interested to know that London doesn’t feature on our list, with the top 5 most expensive places to currently live in the UK currently being:
- Winchester in Hampshire, which is located in the South East of England. Properties cost at least 14 times the average value of average city salaries.
- Oxford in Oxfordshire has slipped from first into second place.
Then we have:
- Bath in Somerset.
- Truro in Cornwall.
- Chichester in West Sussex.
What’s the best time of year to move?
It may come as no surprise to you that summer is the most popular time to move, for various reasons. It’s because of this, moving in this season tends to also be the busiest. But it also makes sense, simply because there’s no bad weather to hamper your moving efforts and if you have children, they won’t miss school in the process. Plus the days tend to be longer, meaning more will be done.
Moving undoubtedly requires organisation and research. You need to know where you want to move and what you can afford. You’ll also need to know what the area has to offer you in terms of employment, school, and amenities. The moving process can be stressful, but the fact that you’ll be moving into a new home and starting afresh is as exciting as it gets.
