The Upsizing Index
Where are the cheapest and most expensive towns and cities to upsize your home across the UK?
Since the start of the pandemic, we are spending more and more time at home. Our home has become the space we live, eat, work, exercise, educate our kids and binge watch Netflix in, so many people are looking to expand these spaces.
At Compare My Move we’re here to save you time and money on your move. Whether you’re looking to compare removal, surveying or conveyancing quotes we can help.
With many people looking to upsize their homes in 2021 we understand the importance of knowing the market. Which is why the team at Compare My Move has looked at data from house price sales across the UK to bring you the Upsizing Index.
Looking at different house prices from one, two, three, four, and five-bedroom houses across the UK to reveal where it is cheapest to upsize and the best locations to do this in.
The cost of upsizing from a one-bed to a two-bed house
The cheapest places to upsize from one-bed to a two-bed house
Taking the top spot is Bolton as the cheapest place in the UK, to upsize on average £5,926 to upsize from one-bed (£137,408) to a two-bed house (£143,334)!
The most expensive place to upsize from a one-bed to a two-bed house
The most expensive place to upsize from a one-bed (£172,917) to a two-bed house (£384,121) in the UK is Brighton and Hove, with the difference in price on average being £211,204!
The cost of upsizing from a two-bed to a three-bed house
The cheapest places to upsize from a two-bed to a three-bed house
The Capital of Bonnie-wee Scotland Edinburgh ranks as the cheapest place in the UK to upgrade from a two-bed to a three-bed home, costing on average £5,325 to upsize!
The most expensive places to upsize from a two-bed to a three-bed house
There really is no surprise that London has topped the list for the most expensive place in the UK to upsize from a two-bed to a three-bed home on average being £165,249.
The cost of upsizing from a three-bed to a four-bed house
The cheapest places to upsize from a three-bed to a four-bed house
Taking the top spot is Bradford for upsizing from a three (£159,967) to a four-bedroom home (£218,110), with an average price difference of £58,143.
The most expensive places to upsize from a three-bed to a four-bed house
Taking the top spot again for being the most expensive place in the UK to upsize from a three bed to a four-bed home is London, with a massive £410,912 average price, and that’s before you add things like conveyancing fees.
The cost of upsizing from a four-bed to a five-bed house
The cheapest places to upsize from a four-bed to a five-bed house
The cheapest place to upsize from a four-bed (£316,635) to a five-bed home (£302,635) is Aberdeen, where you can actually save £14,010 by upsizing! Perfect for the home gym or cinema you are considering installing.
The most expensive places to upsize from a four-bed to a five-bed house
Last but not least, the most expensive place in the UK to upsize from a four-bed to a five-bed house is London - with an average difference of a massive £760,857! These areas are expensive enough to make conveyancing costs feel small, but you’ll likely need to be sure of all aspects of your budget before you upsize.
The top 10 best places in the UK to upsize your home (on average)
Aberdeen tops the list for best average cost to upsize your home in the UK, on average the cost to upsize is £41,406.
The top 10 worst places in the UK to upsize your home (on average)
Topping the list for the most expensive place to upsize your home is London, with an average total cost to upsize at £380,115.
Methodology
Comparing house prices on Zoopla to see the cheapest and most expensive average house prices across the UK, broken down by bedroom size we have been able to compare the average house price of upsizing by bedroom in each area giving us the Compare My Move Upsize Index.
At Compare My Move we’re here to save you time and money on your move. As our report shows, upsizing can be expensive, and we are here to help you find quotes for conveyancing solicitors and other moving costs. House buying solicitor fees can add a substantial amount to the cost of a move, and CompareMyMove can help you save.
