Tuesday, 24 May 2016

Huge Variation In Cost Of Housing Highlighted

The average home in Britain now costs £2,216 per square metre - while in some parts of London buyers face paying over £11,000 for just one square metre of a property.  Kensington and Chelsea remains Britain's most expensive neighbourhood, with an average property there setting home buyers back £11,321 for each square metre of floor space they purchase, according to research from Halifax. The report made the calculations by dividing average house prices across towns and London boroughs by average property sizes, excluding outside space. While London dominates the list of the most expensive property locations, five areas outside southern England fetch a higher price per square metre than the national average of £2,216. These are Solihull, Leamington Spa, Altrincham, Edinburgh and Harrogate. Read more on the AOL website.

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