The UK region where property fetches the most as house prices drop - full list

The UK region where property fetches the most as house prices drop - full list

Britons discuss house prices

Sarra Gray

By Sarra Gray

Published: 18/01/2024

- 12:40

Updated: 18/01/2024

- 13:02

The areas where Britons can get the most money for their property have been shared

House prices have dropped by £6,000, or 2.1 per cent, over a year, according to new data.

The research by the Office for National Statistics found this was the biggest drop since 2011.

Those looking to sell their property will take home a better price in some parts of the UK over others.

London has the most expensive properties according to the data released this week, which shows figures in the year up to November 2023.

London park

The most expensive areas to buy have been shared


Most expensive areas in the UK

London - £505,283

South East - £385,844

East - £346,659

South West - £319,221

West Midlands - £243,655

East Midlands - £243,577

North West - £213,333

Wales - £212,866

Yorkshire and The Humber - £209,526

Scotland - £194,006

Northern Ireland - £179,530

North East - £159,871

Houses in London fetched the most at nearly double the average UK house price of £285,000.

The south east and east of England followed close behind among the most expensive areas to buy.

Property in Northern Ireland and the north east of England were the most affordable for anyone hoping to grab a bargain.

Houses in Scotland average £194,006 and Wales homes fetch around £212,866.


Prices in London were the most expensive


The housing market has faced uncertainty over the last year and more is expected in 2024.

Despite this, a property expert suggested the worst could be behind us.

He suggested the upcoming General Election could see major parties make pledges to improve the house-building programme.

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