London property prices mean you can buy eight houses in Scotland at the same cost of one flat in the capital

London property prices have always been inflated, but new research show that one flat in Kensington and Chelsea could cost the same as eight detached houses in Scotland. Which to choose? It's a difficult call...

Where in the UK you can buy 8 house for the price of 1 flat in London
(Image credit: Getty)

The fact that house prices in London are beyond most UK buyers' reach is hardly breaking news, but the disparity of the UK housing market still never ceases to shock us. A recent survey by estate agency comparison site GetAgent has revealed that for the price of one single flat in London, you can buy as many as eight detached houses in other areas of the country. 

Let's just say that again. For a flat in one of London's most sought after boroughs –Kensington and Chelsea – you are looking at, on average, forking out a hefty £1,161,580, but, if you fancied moving to the Western Isles, that same amount would buy you eight fully detached houses.

And if you don't fancy settling on the Outer Hebrides, you could still pick up four houses in Liverpool or Nottingham, three houses in Newcastle, Glasgow or Manchester, or two new homes in Edinburgh or Bristol. 

Take a look at where else in the country you could be getting a load more for your money... 

Western Isles
Average house price: £137,742 (8.4 houses for the price of one Chelsea flat).

Burnley
Average house price: £156,675 (7.4 for the price of a flat in Chelsea).

County Durham
Average house price: £163,252 (7.1 houses could be yours instead of one flat).

Blackpool
Average house price: £172,955 (6.7 properties for one London one).

Nottingham
Average house price: £236,765 (4.9 Nottingham homes for one in London).

Liverpool
Average house price: £262,633 (get yourself 4.4 properties in Liverpool for same price as just one in Chelsea).

Sheffield
Average house price: £283,352 (4.1 to 1 ratio).

Newcastle
Average house price: £305,426 (that's 3.8 houses in Newcastle to one flat in London).

Glasgow
Average house price: £305,974 (3.8 to one).

Manchester
Average house price: £312,378 (3.7 Manchester properties for one in London). 

Leeds
Average house price: £323,797 (3.6 properties for the average house price in Chelsea).

Birmingham
Average house price: £352,635 (3.3 detached houses per one Chelsea flat).

Edinburgh
Average house price: £535,094 (get yourself 2.2 properties in the Scottish capital for one flat in London).

‘Getting a foot on the ladder is a momentous task for many and so it’s quite mind-boggling when you consider how many houses you can buy in other great parts of the UK for the price of just one flat in Kensington and Chelsea,’ comments Colby Short, chief executive officer of GetAgent.

‘While much has been made about the decline of the capital’s top-end market as a result of wider political headwinds, it goes to show how crazy parts of the London have become over the years when a flat alone is commanding such sums.

‘I think it’s fair to say that it remains a completely different world for the average UK home buyer and any talk of price growth decline across the capital’s top tiers of late will probably be met with little sympathy from most.’

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