Top 10 Most Expensive City-to-Suburb Moves for UK Homeowners

With remote working on the rise, budgeting experts, thinkmoney, have analysed the average house price of 23-city centre locations before comparing it to the nearest best-rated suburb – uncovering how much more it is to find ‘a place in the suburbs’ > https://www.thinkmoney.co.uk/blog/how-much-you-could-save-in-suburbs/

Homes in the suburbs are 9% more expensive than those in the city

thinkmoney’s findings have revealed that the average home in the suburbs costs £290,295. This is 9% more expensive than the average home in the city centre, which costs £262,938.

Top 10 Most Expensive Suburbs for Remote-Working, Revealed

In addition, thinkmoney have also uncovered which suburb renters would witness the biggest rise in house prices, should they leave the city-centre:

For Sheffield homeowners, the average house price stands at £137,968, however, should they want to move the best-rated near-by suburb, Fulwood, the average house prices is £349,031. This is an increase of £211,062.

Likewise, homeowners in the city-centre of Nottingham would need a lot more money should they decide to relocate to the near-by suburb, West Bridgford. Here the rent house price is £381,497, which is £204,397 more than those in Nottingham (£177,100). 

In third place is Cardiff. By moving to near-by Pontcanna, city-centre homeowners would need an additional £184,946 to buy the average home here. 

Leicester sits in fourth place. A move from the city-centre to Oadby could see homeowners would need an additional £158,744 to purchase the average home.