Where does the the North-South property divide begin?

Where does the the North-South property divide begin?

Last week Chancellor Phillip Hammond laid out further plans to fuel the Northern Powerhouse in an attempt to close the North-South Divide, but the question of where this divide starts and finishes or what defines it remains largely unanswered.

The latest research by online estate agent eMoov.co.uk, taking advantage of data from the Land Registry, has provided a definitive answer where the UK property market is concerned at least.

eMoov looked at the current average house price across each county and found that, other than North Yorkshire, two areas in Scotland (Edinburgh and East Lothian) and two in Wales (Vale of Glamorgan and Monmouthshire), there is a clear £200,000 property boundary that separates the north and south of the nation.

The divide begins by Bristol in the West Country and runs up the border with Wales through Herefordshire and Shropshire, before cutting back down through Worcestershire below the West Midlands by Leicestershire and Rutland, to Norfolk and the East Coast.  

This border where north meets south acts a clear mark where the UK’s over-inflated property market begins to lose steam, placating to a more affordable level for aspiring home buyers.


This gap is apparent when it comes to the average house price between the two, as well as the rate of appreciation. South of the border the average house price is currently £295,395 having increased by 9% in the last year. However, this drops to £146,344 and an increase of 4% over the last year to the north. Removing Scotland and Wales from the equation only sees a slight increase to £155,410 across eMoov’s northern region with prices up 5% in the last year.

Russell Quirk, eMoov founder and CEO, comments: “Of course, this research is only valid where property prices are concerned and doesn’t consider the further economic criteria that divide the north and south of the UK. However, with the divide often discussed across the industry itself, it’s important that there be a clearer definition of what and where it actually is.

It is widely considered that the North is playing catch-up with the South where the divide is concerned and of course, there is good reason property may command a higher price in particular areas of the UK. However, for many struggling to get that first foot on the ladder, this research highlights the additional hurdles facing those south of the line and in this instance, why heading north is a much more attractive proposition. Yes property prices are climbing at a slower rate but that is of little concern to those that don’t own a property.”

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Latest Comments

MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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Landlady14
Landlady14 01 Mar 2017

You would think so Niraj Shah! My experience only proves that there are varying qualitiers of professional in all aspects of property letting. None of the ones I have dealt with, from letting agents to...

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Mark
Mark 01 Mar 2017

Thanks for this article. Hopefully one day everybody's lifestyle will be eco-sustainable.

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Ben Taylor
Ben Taylor 28 Feb 2017

I was convinced that London was the most expensive!

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Alan Read
Alan Read 28 Feb 2017

Australia are leading the way in this I think. The trouble with Britain is we don't get enough sun to make use of solar power.

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James Powell
James Powell 27 Feb 2017

This is a very good news.

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DanHumphreys
DanHumphreys 27 Feb 2017

It sounds like a good idea. Anything to help the younger generation get a foothold.

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Matt
Matt 20 Feb 2017

Is this fake news?

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Matthew Hollywood
Matthew Hollywood 07 Feb 2017

Matthew Hollywood - Director Mishon Mackay Land & New Homes - Brighton The shortage of New Homes is in part effected by the lack of land sales. Land sales are held back because there is a disparity between...

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CommercialTrust
CommercialTrust 30 Jan 2017

Hi Graham, Would be interesting to see the above figure calculated against an investment via a Lt Company /SPV structure and if the investor found themselves pushed in to the higher tax bracket. Mortgage...

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