How Do Bath's Property Prices Compare to the Rest of the UK?

Bath is one of the most visited cities in the UK, as it is home to well-preserved historical sites, beautiful Georgian architecture, and endless cultural attractions. Also, it has great schools, world-respected universities, and many career opportunities that make the city a desirable place to live.

For the above reasons and more, you might be considering buying a home in the city but unsure if it is the right pick for your finances. If so, keep reading to learn how Bath's property prices compare to the rest of the UK.

What is the Average Cost of a Home in Bath?

Budding homeowners can expect to pay an average of £409,000 for a house in Bath or North East Somerset. If it is your first home, you could step on the property ladder for an estimated £335,000. Visit Zest Sales & Lettings to take a look at the various beautiful properties you can buy in the city, as there are options to suit many needs and budgets.

What is the Average Cost of a Home in the Rest of the UK?

Due to Bath's desirability, job opportunities, good schools, and exciting culture, property prices are typically higher than in many towns and cities across the UK.

For instance, homes in the rest of the South West cost an average of £307,000. Also, properties in the North are much more affordable, as the average cost of a home in Newcastle is reportedly £205,000, while you will pay £112,100 in Liverpool.

Wales is a little pricier, as an average home across the nation costs £231,000; however, you could get more for your money if you venture to Scotland, as average house prices typically cost £185,000. However, you will pay much more for a new build development, as they are often available for £300,000.

If you wouldn't mind starting a new life in Northern Ireland, the average house price is £214,478, and the figure has reportedly dropped since 2024.

What UK Cities Are More Expensive Than Bath?

While Bath's homes typically fetch a higher price than other properties across the UK, it isn't the most expensive place to live.

You can expect to pay an average of £683,929 for a property in London, but prices might be higher or lower depending on the area and property you choose. For instance, the average cost of a flat is £543,463, but you could pay up to £769,522 for a semi-detached property.

If you choose to settle down in Central London, you can expect to pay an average price of £1,428,004.

Like Bath, St Albans is a stone's throw from London, but it demands a much higher price. For instance, you will pay an average of £637,000 for a property in the city. According to the BBC, this is 17 times greater than the average yearly earnings in the UK. As a result, it is the least affordable place to live outside of the capital.

Why Live in Bath?

If you want to improve your career opportunities, provide your kids with a fantastic education, and enjoy a better quality of life, Bath is a fantastic place to live.

The stunning city is home to many large and established companies in various industries, such as technology, education, tourism, media and publishing, retail, finance, and healthcare.

For instance, you could grow your career at Hargreaves Lansdown, Thermae Bath Spa, the University of Bath, Future Publishing, Imprivata, Buro Happold, or Zoo Digital, to name a handful of well-known companies.

You can travel by train to London from Bath within an hour and a half, meaning it is a fantastic option if you want to take advantage of the capital's many career opportunities and culture while locking in a property for less. Plus, it is a much cheaper alternative to nearby St Albans.

Of course, Bath is well known for its rich history, as it is a historic Roman Spa town world-renowned for its well-preserved Roman baths, striking Georgian architecture, and natural hot springs.

Also, you can take your pick from many gorgeous green spaces on your day off from work, as you will happily spend many an hour exploring the Parade Gardens or Royal Victoria Park's Botanical Gardens.

It is one of the safest places to live in the UK, too, as it has a low crime rate and a friendly community, allowing you to sleep peacefully in your beautiful home each night. As a result, it will provide you and your loved ones with a happier lifestyle.