Homes in London are now seven times more expensive per square metre than in the North, as prices in the capital soar after lockdown. Land Registry figures show homes in the capital sell for an average of £7,731 per sq m. In contrast, property in Stoke-on-Trent goes for £1,104 per sq m and in Bradford at £1,307, said home-buying company the Open Property Group. A host of northern towns and cities come below the national average of around £2,500, it found; Manchester averages £1,654 and Leeds £1,684. The Open Property Group said: "Knowing the actual cost per square metre is a far more effective way of evaluating value for money." |
Daily Express (15/01/2022) |