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Prices By Sq Foot

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Hi chaps, I remember a few topics talking about the price per sq.ft we pay for a house in the UK compared to Europe and the USA. Has anyone got any numbers that would come in handy when looking at houses to see if they offer good value etc. particularly comparing say new builds with older houses? Also is there any long term avg trend for £sq.ft, much like what the avg house price should be if we returned to historical norms.

Thanks very much

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Varies so much by area and type of building that this is hard to answer.

But our own study into this shows:

house in reasonable and nice area in Kensington (ie Abingdon Road) is about £10k per square metre. So 100square meters costs 1 millon pounds!!!!!

In Putney, nice house in good area is about £5 to 6k per square meter.

In Wimbledon it goes down to about 4k per square meter. This is all based on gross internal, doesn't include garden garage etc.

Dont' know what the historical average is for these areas.

Also, flats in all of these places give better value for money and are cheaper p/m. That's because they're more expensive in the longrun to maintain. But new build flats the story would be different - and they are more expesive p/sq/m than ordinary flats.

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  • 301 Brexit, House prices and Summer 2020

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