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

Oliver Conway
Oliver Conway 18 May 2017

Making a neat inventory is a good idea, but if the seller is not willing to provide it, can the buyer demand it?

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Bertrand
Bertrand 17 May 2017

First step to nationalisation of the private rented sector IMHO. Nanny state poking their noses into things yet again. I object, as a decent landlord, sometimes having to deal with some pretty awful tenants,...

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Izzy
Izzy 16 May 2017

This is such a great a post. I love the detail you've gone into. It's a very useful article for helping those who are looking at deciding which sector they would like to go into! When I first started investing...

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paul burnham
paul burnham 30 Apr 2017

Jeremy Corbyn's pledge that a Labour government would build 500,000 new council houses must electrify the general election campaign. Reliance on markets and the profit motive has brought huge housing-related...

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CommercialTrust
CommercialTrust 28 Apr 2017

Sadiq Khan?s announcement of an online database of landlords and letting agents who have been convicted of housing offences, appears on face value to be a variation of the already implemented Database

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warren
warren 26 Apr 2017

You're very welcome Mary! Glad you enjoyed them :)

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Mary Ward
Mary Ward 26 Apr 2017

Thank you for the wonderful ideas. First impressions can make or break a deal. It's sadly that many homeowners drop the kerb to create an off-street parking space.

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Tony Gimple
Tony Gimple 14 Apr 2017

I'm not at all surprised that so many landlords are still confused about what the tax changes really mean and how it will affect them. In particular, the blind rush to incorporation is leaving landlords...

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MH
MH 13 Apr 2017

You are right that the bank holidays are going to be spoiled in looking for the properties. But people who want to sell their property and looking for the better relocation, they can get benefits of this...

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bnellyb
bnellyb 08 Apr 2017

There will be an exodus of private landlords over the next 5 years as tax changes take effect, private landlords provide an important service to the rental market, why do housing associations and councils...

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Fred Cassman
Fred Cassman 07 Apr 2017

"Make it look like you are at home": often people forget this and share on facebook their location!

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jared townsend
jared townsend 05 Apr 2017

It'll be interesting to see how & if the Government's asset sale regarding mortgages helps

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