As you well know, the property market in this country is bang out of order. Since 2011, house prices across the UK have grown by 32%. In London, they've skyrocketed by as much as 68%.
According to data from the Land Registry, as of February, the average house price in the UK is a not-insignificant £217,502. That's 7.9 times the average annual wage of £27,600.
But what can that get you around the country? Let's take a look...
London
Currently, the average asking price for a one-bed flat in London is an absolutely mad £504,138. Obviously, however, some areas are cheaper than others, which means that it is, in some places, still possible to make £220k stretch to a two- or even three-bed property (the ridiculous nature of this statement is not lost on us, btw). This studio flat in Holloway, though, seems to be a pretty good average. It's actually not too shabby – but does come with the downside of NOT HAVING A KITCHEN. Hotplate it is. Thanks London!
Manchester
Manchester is another city where prices differ wildly from place to place – although not nearly as much as they do in London. So let's stick to the city centre, shall we? The average price for a one-bed flat has, of late, been £193,205 so in theory, £217,502 should deliver nicely. And it does. This new-build apartment right in the centre (just a few minutes' walk from Piccadilly) has a balcony, two bedrooms and delightful floor-to-ceiling windows.
Cardiff
In the last 12 months, properties in the Welsh capital have gone for an average price of £216,910. As a result, this lovely three-bedroom house in Roath – a 15-minute drive into the centre – is £215k.
Bradford
Great Horton Road in Bradford is officially the cheapest place to get a house in the UK, with average prices clocking in at £40k. Therefore, you can get this 13-bedroom house.
Glasgow
The average price paid for a property in Glasgow is currently £163,004. This two-bed flat is £209k at the moment and was, quite frankly too cool not to include. However, there's plenty of opportunity to get up to five-bed houses for the same price in the near vicinity. Like this five-bedroom townhouse, which, for £210k, could fit you and all your friends with room to spare.
Derby
Derby's had a fair bit of regeneration in recent years, meaning that the area around the cathedral is now top-notch. The average house price is currently £187,304, although if you head to Littleover (a few minutes' drive from the centre), you could get a five-bedroom place for £220k. Those floors.
North Wales
The average house price in Wales is £170,538. And in North Wales, the countryside (especially as you get towards Snowdonia) and coastline is unrivalled. This converted chapel, which is pretty much on the coast, is £220k.
Bristol
Bristol's one of the more expensive cities in the UK so if you think your £220k is going to get you one of those big, beautiful townhouses from Skins, think again. The current average value of a house is £310,888. You can, however, get this really rather fantastic one-bedroom house in Clifton, Bristol's fanciest area, for £200k.
Birmingham
Birmingham has good connections to London, which means it's not going to be super-cheap. The average house for sale is now around £182,983. This six-bedroom family home, then, in Smethwick, is a great find for £220k.
Leeds
A super-fun city with very easy connections to Manchester, the average house in Leeds is currently on the market for £203,275. This small but perfectly formed two-bedroom terraced house in Headingley (described by estate agents as being for the "young and trendy") is beautifully decorated and comes in at £220k.
Liverpool
Since being named the UK's City of Culture back in 2008, Liverpool has gone from strength to strength. The average house price is £161,730, while this five-bedroom detached house in Waterloo is £220k.
North-East Scotland
House prices vary across this huge and diverse stretch of land but the average price comes in at around £213,591. This beautifully designed house in Forres, one of Scotland's oldest and most picturesque towns, is on the market for £215k.
Mid-Glamorgan
Rhondda in Glamorgan is the second-cheapest place to buy a three-bed family home. Perhaps that explains why you can get what is essentially a castle (yeah, there's a turret) just 10 minutes' drive away for £214k.
Cornwall
Notoriously expensive, thanks to city people buying up holiday homes which lie empty for much of the year, you can nevertheless get this super-cute three-bedroom house in Redruth for £220k.
Belgravia, London
This is the UK's most expensive place – the median house price here is £3.4m (HAHAHAHA). Luckily, you can still purchase something for £200k... a parking space. A parking space opposite Harrods, which the sellers have the absolutely audacity to call a "studio".
So. Done.
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