What is a good price per square metre in the UK?
People ask this expecting one number, and there is one: the median home sold in England & Wales in the 12 months to June 2026 went for £3,380 per square metre. It is also close to useless on its own, because the honest range behind it runs from £750/m² in SR1, central Sunderland to £15,400/m² in W8, Kensington. The same pound buys twenty times more home at one end of that range than the other. A “good” price only means something against the market the home actually sits in.
The national picture, region by region
The regional medians give you the first level of context. Over the 12 months to June 2026, from HM Land Registry sold prices matched to EPC floor areas:
- London: £6,590/m²
- South East: £4,370/m²
- East of England: £3,960/m²
- South West: £3,560/m²
- West Midlands: £3,000/m²
- East Midlands: £2,800/m²
- North West: £2,640/m²
- Yorkshire and The Humber: £2,540/m²
- Wales: £2,510/m²
- North East: £2,000/m²
Two things worth noticing. The North East to London gap is a factor of 3.3, and it is wider per square metre than it looks in headline prices, because London homes are also smaller. And the regions are themselves averages of very different districts: TS1 in Middlesbrough sits at £960/m² while E14 on the Isle of Dogs is £6,830/m², and both are ordinary, actively traded markets with hundreds of registered sales behind them.
“Good” means good against the district
The useful comparison is not against the country, it is against the postcode district. Every district page shows two things designed for exactly this judgement: the median, and the middle 60% of matched sales, the band from the 20th to the 80th percentile.
A worked example
In CF11, Canton in Cardiff, the median over 409 matched sales (12 months to June 2026) is £3,100/m², and the middle 60% of sales ran from £2,490 to £4,010/m². A home at £2,700/m² there is below the median: a reasonable starting point. The same £2,700/m² in NG1, central Nottingham (median £2,300/m² over 63 matched sales) would be 17% above the local median, near the top of its p20–p80 band. Identical figure, opposite meaning.
A rule of thumb that survives contact with the data: below the district median is where value hunting starts, inside the middle 60% is the ordinary market, and above the 80th percentile needs a reason you can name, a garden, a view, a finished loft, before it is anything but expensive.
Why not just use the price?
Because the price mostly measures the size. The median sold price in BR1, Bromley is £475,000 against £395,000 in E16, Canning Town, which makes Bromley look dearer. Per square metre it is the other way around: £5,530 in BR1, £5,980 in E16. Bromley money buys Bromley space. Dividing by floor area is the only way to see that, and it is why this site exists.
Check your own area
Search any postcode district, sector or full postcode and read the two numbers that matter: the median, and where the middle 60% runs. The league tables show the extremes across England & Wales, the FAQ answers the common questions, and everything above comes from the June 2026 dataset, rebuilt monthly from HM Land Registry sold prices matched to EPC floor areas.
Want the numbers for your area?
Search any England & Wales postcode for free price per square metre statistics, sold prices and price history.