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How Much Could You Save by Moving Just 30 Minutes Away from your Local City?

More people than ever need to be close to their local city, whether you’re a student attending university, your work takes you into the city, or the centre of your social life is there.

But living in some of the UK’s biggest city centres can be very expensive, so what if you could take yourself just 30 minutes away from the hustle and bustle and save yourself hundreds?

 We’ve compared property statistics from some of the busiest and largest cities in the UK and have found neighbouring towns and villages that could not only save you money but get you more for your money too.

Here’s where we think you should be setting up residence near our country’s top city centres!

London

Up there with the most expensive places to live in the UK and often the worst value for money. Living in London is a risky game, with property value constantly spiking and dropping, so moving to neighbouring towns still gives you easy access to the city thanks to public transport but could save you a lot of money.

Many of the closely surrounding areas to London are still highly priced, so to start saving yourself some money, we recommend you move around an hour from the city centre, which is still reasonable for commuting.

These three locations still boast similar wealth and luxury to the city centre, but without the volume of people.

Location Distance from City Centre Average House Value Average Rent on a 1 Bedroom Flat Average Number of Bedrooms in a Semi
London City Centre £672,000 £1,670 3.4
Surrey 1hr 30 £604,000 £1,104 3.1
Kent 1hr 20 £334,000 £661 3.1
Essex 1hr 5 £361,000 £838 3.1

 

Manchester

One of the best-known cities in the world after the capital, Manchester is a hive of activity for socialising and business but setting up home in the centre of that isn’t going to be cheap.

Many of the properties in the city centre are flats and apartment with extremely high rent, so if you’re looking for that kind of property but need to stay close to the city centre, we’ve found some neighbouring towns that might work for you.

Property value in Manchester is lower than some of our top neighbouring towns, but you’d get more for your money if you bought out of the city centre, and the rent is far lower.

Location Distance from City Centre Average House Value Average Rent on a 1 Bedroom Flat Average Number of Bedrooms in a Semi
Manchester City Centre £207,000 £849 2.9
Urmston 30 mins £230,000 £563 3.2
Stretford 23 mins £180,000 £451 3.2
Altrincham 35 mina £453,000 £641 3.4

 

Leeds

A busy city filled with students due to the number of universities, the property value is averagely priced in the city centre but rent is high as expected with cities.

If you need to be close to Leeds for work, but need a family home, we’d recommend one of these neighbouring towns, as you’ll be able to get more bedrooms for your money, and won’t be any further than a 20 minutes’ drive away.

We also found rent on a 1-bedroom flat was cheaper in all of these locations, so even if you’re a student or living alone, you could still save money moving a short distance from the city centre.

Location Distance from City Centre Average House Value Average Rent on a 1 Bedroom Flat Average Number of Bedrooms in a Semi
Leeds City Centre £204,000 £675 3
Horsforth 20 mins £270,000 £381 3.1
Chapel Allerton 12 mins £224,000 £456 3.2
Roundhay 14 mins £361,000 £606 3.9

 

Birmingham

A busy location for retail, entertainment and business, as well as being one of the most notorious spots for congestion on the M6, moving just a stone’s throw away from the city centre could not only save you money but time.

Although the two neighbouring towns we suggest have a higher property value and in some cases, the house sizes may be smaller, however, rent is drastically cheaper making these towns ideal for students needing to make their way into the city, or people living alone.

Location Distance from City Centre Average House Value Average Rent on a 1 Bedroom Flat Average Number of Bedrooms in a Semi
Birmingham City Centre £201,000 £747 3.6
Moseley 13 mins £279,000 £509 3.8
King’s Heath 20 mins £222,000 £457 3.2

 

Newcastle

Often considered the party capital of the North, and a hive of activity for young people, Newcastle is also a key business city and hundreds work in the city centre every day.

Buying a property in city centre Newcastle isn’t too expensive, but we’ve found locations that are just a few minutes drive from the centre, and you could save hundreds on rent and get more for your money if you’re buying a house.

Location Distance from City Average House Value Average Rent on a 1 Bedroom Flat Average Number of Bedrooms in a Semi
Newcastle City Centre £181,000 £655 3.1
Jesmond 12 mins £349,000 £564 4.2
Gosforth 11 mins £329,000 £585 3.6
Heaton 10 mins £161,000 £381 4.1

Overall, we’ve seen the average property value in a city centre is usually lower than the surrounding areas, but we believe that this could be because the properties are often smaller and don’t have ‘the desirables’ such as gardens and driveways due to being located in the city centre. Many people aren’t looking to buy a home in the centre and wish to rent as it is usually not a long-term option, but accommodation for work or students.

If you know any other neighbouring towns to these major cities that make great hometowns, then we’d love to know, or if you’re looking for somewhere to set up home in a different UK city and would like some help, we’d love to explore some more cities!

All statistics are correct as of July 2017 and were sourced with thanks to www.zoopla.co.uk