UK property prices: most expensive cities outside of London

The capital leads the way followed by university cities Cambridge and Oxford

King’s College Chapel and King’s Parade in Cambridge
King’s College Chapel and King’s Parade in Cambridge
(Image credit: Julian Eales/Alamy Stock Photo)

With an average property price of £521,700, London leads the way as the most expensive place to buy a home in the United Kingdom.

In a composite of 20 UK cities for March 2023, the Zoopla House Price Index found that Cambridge is the second most expensive city to buy property, with an average price of £465,000. Oxford (£452,500), Bournemouth (£344,500) and Bristol (£334,700) make up the top five.

According to Zoopla the average price for property in the UK was £259,700 in March – up 3% year-on-year. The annual house price growth has slowed, but the “worst of the month-on-month price falls are now behind us”, the report said.

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At the other end of the scale, Burnley in Lancashire “holds the title of the cheapest place to buy”, said Lee Boyce in the Daily Mail. It costs £117,320 on average to buy property in Burnley, compared to £71,040 ten years ago.

Zoopla House Price Index’s city summary – March 2023

Zoopla House Price Index’s city summary – March 2023

Source: Zoopla House Price Index

The real estate website said that the “sparklines show the last 12 months trend in annual and monthly growth rates – red bars are a negative value – each series has its own axis settings providing a more granular view on price development”.

Starting with London, we look at the most expensive places to buy property, according to the Zoopla House Price Index:

1. London: £521,700

City of London aerial view

(Image credit: PxHere)

2. Cambridge: £465,000

An aerial view of Trinity College in Cambridge

(Image credit: Ian Titchener/Alamy Stock Photo)

3. Oxford: £452,500

Radcliffe Camera at the University of Oxford

(Image credit: Carl Court/Getty Images)

4. Bournemouth: £344,500

A seaside

(Image credit: Getty Images)

5. Bristol: £334,700

Balloons over Clifton Suspension Bridge in Bristol

(Image credit: Mike South/Alamy Stock Photo)

6. Portsmouth: £285,200

Portsmouth Harbour

(Image credit: Commission Air/Alamy Stock Photo)

7. Edinburgh: £267,200

View of Arthur’s Seat hill from Blackford Hill in Edinburgh

(Image credit: Iain Masterton/Alamy Stock Photo)

8. Southampton: £261,300

Southampton Docks, Marina, and Boats

(Image credit: Sharad Raval/Alamy Stock Photo)

9. Cardiff: £253,500

Aerial view of Cardiff Bay

(Image credit: Stephen Davies/Alamy Stock Photo)

10. Leicester: £225,000

Fountain in Town Hall square, Leicester, England

(Image credit: iWebbstock/Alamy Stock Photo)

11. Manchester: £219,000

An aerial view of Manchester city centre

(Image credit: A.P.S. (UK)/Alamy Stock Photo )

12. Leeds: £207,300

Briggate shopping street in Leeds city centre

(Image credit: eye35.pix/Alamy Stock Photo)

13. Birmingham: £205,700

Birmingham city centre

(Image credit: eye35.pix/Alamy Stock Photo)

14. Nottingham: £201,200

Nottingham city centre

(Image credit: Martyn Williams/Alamy Stock Photo)

15. Sheffield: £170,300

Sheffield town hall

(Image credit: eye35/Alamy Stock Photo)

16. Belfast: £165,900

Titanic Belfast is one of the city’s top attractions

(Image credit: Nataliya Hora/Alamy Stock Photo)

17. Liverpool: £155,300

Aerial Close Up Of The Tower Of The Royal Liver Building In Liverpool

(Image credit: Ingus Kruklitis/EyeEm)

18. Newcastle: £148,900

Tyne Bridge and the River Tyne in Newcastle

(Image credit: Eye35.pix/Alamy Stock Photo)

19. Glasgow: £141,900

George Square in Glasgow

(Image credit: John Peter Photography/Alamy Stock Photo)

20. Aberdeen: £139,100

Castlegate in Aberdeen city centre

(Image credit: Ian Dagnall/Alamy Stock Photo)

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