The UK cities that are just like London towns but with much cheaper house prices

It goes with out saying that London is an unimaginable place to stay, however in relation to shopping for your ceaselessly residence it’s maybe not essentially the most real looking metropolis to calm down in. When you have all however given up on discovering your dream residence within the capital, there are attractive cities throughout the UK which have a variety of similarities to London, however do not carry as excessive a price ticket.

Final yr, Londoners spent over £55bn on houses exterior the capital, and London noticed a mass exodus in 2020, with 20% extra individuals shifting out of the nation’s capital than shifting in. One ex-Londoner, Tess Eames, moved to Leeds from London and lately bought her first home by herself.

Tess defined: “I initially left London as a result of pandemic and shedding my job – lockdown had made me rethink my priorities for what I needed out of life and a future residence. I began in search of jobs in areas just like the borough that I lived in, predominantly within the North.

READ MORE: ‘I moved to London from Newcastle and I wish I’d known these 5 important things before I got here’

“Leeds appealed to me each for its proximity to the countryside, and busy metropolis life with loads of bars, cafes and eating places. I’ve a significantly better life stability, extra time spent out in nature, extra disposable earnings, and in the end, have been capable of make my first steps onto the property ladder.”

Right here at MyLondon, we expect there isn’t any higher place to stay than London – however there’s nothing unsuitable with maintaining your choices open and, like Tess, wanting additional afield to purchase a house. With this in thoughts, to assist consumers leaving the capital discover their dream residence elsewhere within the UK, consultants at Atom bank have matched eight of London’s boroughs with their “twins” elsewhere within the UK.

Islington vs Leeds

Islington is without doubt one of the most restaurant-dense areas within the UK, with an eclectic mixture of culturally numerous venues, it is each foodie’s dream location. With a big selection of theatres and bars alongside the peaceable Regent’s Canal, Islington is a dream location for the intrepid culturalist.

In accordance with RightMove, the common home worth in Islington is a whopping £857,759. Swap Islington for Leeds, West Yorkshire for 73 per cent decrease house costs – just like Islington, Leeds is a contemporary metropolis constructed on a proud historical past. At solely a fraction of the value, a home in Leeds will set you again a median of simply £236,713. With quite a lot of cultural landmarks, a rising restaurant scene, and the attractive Leeds and Liverpool canal operating by the centre, it is the right spot for these leaving Islington for pastures new.

Westminster vs Durham

Dwelling to the Homes of Parliament, Massive Ben and Westminster Abbey, Westminster is the historic and political epicentre of Britain. But it surely’s the cultural pockets resembling Soho, The West Finish and Covent Backyard that set Westminster other than the remainder of London. Dwelling to the perfect meals, reveals and gigs that London has to supply, houses on this space are extremely wanted.

Instead, Durham is a good looking metropolis positioned excessive within the northeast of England, its cobblestone streets are crammed to the brim with historical past and the traditional grandeur of Durham Cathedral dominates the town’s skyline. But it surely’s the high-quality eating eating places and the winding streets of Durham that makes it a terrific social various to London dwelling. Whether or not you are a first-time purchaser or just fed up with the exorbitant value of London mortgages, Durham has one thing for everybody.

Westminster’s common house worth is a whopping £1,132,968, whereas in Durham it is solely £206,864. Swapping Westminster for Durham would imply as much as 82 per cent decrease home costs based mostly on that common.

Camden vs Liverpool

Greatest recognized for its bustling markets and full of life avenue meals stalls, Camden is the last word in eclectic tradition, with a thriving native music scene in addition. However you possibly can swap Camden for Liverpool, North West England for as much as 83 per cent decrease home costs. The common home worth in Camden is a hefty £1,174,635. In Liverpool, it is simply £202,233.

Camden could also be alt-culture heaven however there’s a cause why Liverpool was topped as World Capital Metropolis of Pop by the Guinness E-book of Information. The town’s streets thrum with stay music, St George’s Corridor is a powerhouse for historic occasions and reveals, and the Cavern Membership’s historical past with the Beatles make it the perfect vacation spot for music fanatics trying to make the transfer out of London.

Kensington and Chelsea vs Bathtub

An space well-known for its picturesque streets and the myriad of historic websites, Kensington and Chelsea is a historical past buff’s dream and with over 70% of the realm being a conservation zone, it’s no shock that it’s the costliest a part of London.

Residents in Kensington and Chelsea may swap for Bath for 75 per cent decrease common house costs. Teeming with historic websites, unbiased shops and a bustling social scene, Bathtub is a hotbed of tradition that may very well be an ideal match for a Kensington resident shifting houses. The town’s common home worth of £535,135 places it on the upper finish of the UK, however nonetheless far beneath the common asking worth of £2.1 million in Kensington and Chelsea.

Hammersmith and Fulham vs Manchester

Dwelling to the Hammersmith Apollo – one in every of London’s best-known occasion venues – in addition to two main soccer golf equipment, Hammersmith and Fulham is a mixture of world class leisure.

It is also only a stone’s throw away from the thrill and glamour of Westminster. With house costs averaging £991,167, it’s apparent that the situation makes it a preferred vacation spot with younger professionals trying to benefit from the borough’s different points of interest. Regardless of this, swapping Hammersmith and Fulham for Manchester, North West England, would result in 95 per cent decrease home costs. In accordance with RightMove, houses in Manchester go for a median worth of £249,576.

The northern powerhouse that’s Manchester dominates the cultural panorama of England exterior of London, with world class theatre and leisure that assist it simply sq. as much as Hammersmith and Fulham . For the soccer fanatics, Manchester is residence to the 2 Northern footie giants Manchester United and Man Metropolis.

Hackney vs Newcastle upon Tyne

As soon as one in every of London’s major industrial hubs, Hackney has reinvented itself as a haven for younger creatives. With nice meals, robust neighborhood ties and an unmatched nightlife, it is simple to see why Hackney has turn into one in every of London’s most fascinating boroughs for younger professionals in search of a style of the London magic. Should you swap Hackney for Newcastle upon Tyne in North East England, you’ll discover house costs are 64 per cent decrease on common.

A metropolis steeped in industrial historical past, Newcastle diversified away from the failing ship and prepare manufacturing business and is greatest recognized for its brown ale, pleasant locals and improbable nightlife scene. Houses in Hackney go for a £695,273 common. Whereas in Newcastle, you’ll be able to choose up your ceaselessly residence for simply £234,296.

Richmond Upon Thames vs Nottingham

The one borough spanning each side of the Thames, Richmond is a good looking borough that options canalside walks, superstar appearances and a wealth of greenery, together with Richmond Park.

Swap Richmond for Nottingham, East Midlands for 74 per cent decrease common house costs – affectionally branded the Robin Hood county; with lovely parks and forests, some improbable connections through the in depth canal system and a storied historical past, Nottingham is the right swap for Richmond residents. There are virtually limitless actions for households eager to settle someplace exterior of the capital that may match the number of London.

The common worth of a house in Nottingham is simply £241,371 – whereas Richmond will set you again at £971,917.

Wandsworth vs Sheffield

The house of Clapham, Balham, and the famed Wandsworth Frequent, the borough of Wandsworth has a culturally numerous inhabitants of younger professionals and a few of the greatest markets and meals stalls within the capital. Swap Wandsworth for Sheffield, South Yorkshire for 72 per cent decrease common home costs.

As soon as referred to as the “Metal Metropolis”, Sheffield remodeled itself into one of many North’s cultural pillars. A metropolis with considerable inexperienced house and a rocking nightlife, it’s a good match for the younger skilled wanting to flee the capital and stay someplace that may match Wandsworth’s vibe.

The common worth of a house in Wandsworth is £891,228, in accordance with RightMove. In Sheffield, it is solely £227,202 – what a cut price!

When you have a narrative you suppose we must be masking, be at liberty to electronic mail sylvie.wilkinson@reachplc.com

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