Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleHome sales in May were 17% higher than the previous year (Alamy/PA)Analysis by Rightmove reveals that the average UK property asking price of approximately £378,000 can buy vastly different homes depending on the region. In Scotland and the North, this budget can secure a four or five-bedroom house, with examples including a five-bedroom detached house in North Lanarkshire for £376,052. Conversely, in London and parts of the South East, the same amount typically only affords a studio or one-bedroom flat, such as a studio flat in Tower Hamlets for £357,556. HM Revenue and Customs figures indicate that UK home sales in May were 17% higher than the previous year, though 2% lower than the preceding month. An expert from Zoopla advised that sellers need to price their properties carefully to attract buyers, as higher mortgage rates have begun to impact new sales. In fullMapped: What the average asking price buys across BritainThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
How property asking prices compare across the UK
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleHome sales in May were 17% higher than the previous year (Alamy/PA)Analysis by Rightmove reveals that the average UK property asking price of approximately £378,000 can buy vastly different homes depending on the region. In Scotland and the North, this budget can secure a four or five-bedroom house, with examples including a five-bedroom detached house in North Lanarkshire for £376,052. Conversely, in London and parts of the South East, the same amount typically only affords a studio or one-bedroom flat, such as a studio flat in Tower Hamlets for £357,556. HM Revenue and Customs figures indicate that UK home sales in May were 17% higher than the previous year, though 2% lower than the preceding month. An expert from Zoopla advised that sellers need to price their properties carefully to attract buyers, as higher mortgage rates have begun to impact new sales. In fullMapped: What the average asking price buys across BritainThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
