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The Cost of A Cosmopolitan Life

THE COST OFA COSMOPOLITAN LIFE The average UK house price increased by 5.4% *o £248,000 in the 12 months to November 2013, with strong growth recorded across all countries. Rises were again largely driven by London, which saw prices surge by 11.6% - more than double he UK average increase - to £441,00. AVERAGE UK AVERAGE LONDON Vs HOUSE PRICES HOUSE PRICES D E329,600 £203,943 £825,069 £496,468 detached semi detached £202,972 E250,101 £542,238 E404,973 terraced flat ANNUAL CHANGE IN UK ANNUAL CHANGE IN LONDON HOUSE PRICES HOUSE PRICES ANNUALLY QUARTERLY ANNUALLY QUARTERLY 6.84% +1.44% 12% +4.7% AVERAGES HOUSE PRICES ACROSS BRITAIN £153,102 SCOTLAND £130,864 £143,397 NORTH NORTHERN IRELAND £154,825 NO RTH WEST YORKS & HUMBER £157,594 £163,058 £150,315 WALES WEST MIDLA NDS G REATER LONDON EAST MIDLANDS SOUTH E AST £223,288 SOUTH WEST £281,148 STREETS OF GOLD paying capital for London Living BA RKING Egerton Crescent was named as the highest- The cheapest place to buy a home in the UK's capital is priced street in London for the second year running. On average, its Grade II Georgian houses EGERTON CRESCENT DAG ENHAM Barking and Dagenham, where the average property costs £185,460. are worth more than £7.3m each. BISHOPS AVENUE Dubbed as 'billionaire's row', Bishops Avenue in Hampstead, London, has been ranked as the country's second most expensive street. Its average house price is a whopping £6.2m. Newham is the nextcheapest, with average house prices around £228,216. NEWHAM At the end of 2013, five flats were on sale in London for less than £100,00O. Four of those were in East London and one, on a short lease, was in Barnet. All five found buyers and one, a second-floor repossessed flat in Barking, fetched£112.500. CADOGAN SQUARE Cadogan Square, Prince Consort Road, Eaton Square and Blenheim Crescent in Kensington and Chelsea are also ranked in the top 10. BARNET Homes in these areas cost around £5 million. CHEAP STREET Vs RICH-MAN'S DRIVE BURNLEY MERTHYR TYDFIL MIDDLESBOROUGH Outside the capital's bubble, the cheapest home on record is in Angle Street, Burnley, where a house sold for only £26,500 in 2010., according to property website A house going under the hammer in Middlesbrough could become Britain's cheapest home with a starting price of just £750. Number 42, a three-bedroomed property on the same street is being sold with a starting price of £1,000. Fernhill in Mountain Ash, near Merthyr Tydfil in Wales, was ranked the second cheapest street with its homes averaging only £32,700. In the neighbouring Welsh town Tonypandy, a terraced property sold just £4,00O. Admittedly, it needed work! MACCLESFIELD CONWY TRAFFORD Meanwhile the most expensive street outside London is Park Lane in Trafford, where average prices sit at £2,109,000. Withinlee Road in Maccles field is next, with homes at around £1,649,000. Over in Wales, the wealthiest street, Gannock Park in Conwy, boasts homes that cost around £655,000. In the Welsh capital Cardiff, homes in the streets of Druidstone Road and Lake Road West typically sell for £636,000. PRICE COMPARISON how far could your money go elsewhere in the world? An Island in the Patagonia region of southern Chile £2.2 MILLION Or an extra £800k can get you an unfurnished 3 bed flat in Baker Street A modest sized island off the coast of Sicily with parking for a yacht! £2.3 MILLION Or a two-bedroom flat in Kensington, London with one single parking space £4.7 HH A tropical island in the Philippines Or for a cool £5.5M you can live on Caledonian Road.far less tropical! MILLION A yacht, jet-pack and still allow change for some sports cars or a smaller property in the UK's capital. £90 MILLION Or a 21-bed terraced house in Mayfair, has gone on the market for £90 million Inrecent years London has become the most desired city in the UK to live in, causing property value to increase far quicker than the rest of the country. Brought to you by: Hugh Grover A SSO CI TES design by

The Cost of A Cosmopolitan Life

shared by JessicaDraws on Apr 17
The average UK house price increased by 5.4% to £248,000 in the 12 months to November 2013, with strong growth recorded across all countries. Rises were again largely driven by London, which saw pric...


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