The best places to live in the UK – and how much they will cost you
Thinking of moving? Here are the best places to live in the UK and how much they will cost if you are buying.
If you’re thinking about buying a house or moving, you may be thinking about where the best places to live in the UK are.
UK house prices fell at their fastest pace since 2020 in November, however mortgage rates remain high, and the rising cost of living might make people wonder if now is a good time to buy a house.
These factors might push people’s purchasing plans further into the future, however others might be thinking about moving soon to take advantage of the stamp duty cuts, which have been extended to 2025.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Online sales and lettings agent Rightmove polled 21,000 people across the country, asking them to rate their towns and cities based on things such as a sense of belonging, community spirit, access to nature and local amenities.
Concerns around the cost of living crisis – inflation is currently running at a 41-year high of 11.1% – have made people throughout the UK prioritise community support, the survey found.
“Our Happy at Home survey really shows that the things that make people happy to live in their area are not so much the physical aspects of that area but more the personal aspects, such as our sense of belonging, the community and the people,” said Tim Bannister, Rightmove’s property expert.
“The last few months have undoubtedly been difficult for many, and as we learned during another difficult period in 2020, this is often when we look to our local area and community for support and happiness,” he says.
So, where are the best places to live in the UK, and what does it cost to live there?
The best places to live in the UK
1. St Ives
The Cornish harbour town of St Ives took the top spot this year. Residents scored the town highly for community spirit, how comfortable they feel and the sense of belonging.
The average asking price in the area is £523,731 while the average asking rent per calendar month is £1,152.
The town’s average asking price is higher than the average asking price across Britain, which is £366,999, by a significant amount. There has been a 6% increase in the average asking price for a home in the town from last year.
2. Galashiels
The Scottish town of Galashiels, which has a population of just 12,600 people, was the first Scottish location to rank in the top three since 2016. The borders town scored highly on friendliness and the politeness of its locals.
It’s also the most affordable place among the top 10: the average asking price is £153,546 and average asking rent per calendar month is just £530.
3. Woodbridge The market town of Woodbridge in Suffolk came in third. At £481,978 the average asking price here is also significantly higher than the country’s average.
The average asking rent per calendar month is £1,196.
4. Hexham
The Northumberland town of Hexham was dethroned by St Ives this year, but the two have alternated as the happiest places to live every year since 2019.
At £262,265 the average asking price for the region is lower than the national average. The average rent pcm is £810.
5. Perth
The Scottish city of Perth, which sits on the banks of the River Tay, ranked 5th. It’s also the second most affordable city on the list; the average asking price is £179,410 while the average rent pcm is £812.
6. Harrogate
The average asking price for a home in the Victorian spa town of Harrogate in North Yorkshire was £381,124. The average rent per calendar month is £1,327.
7. Anglesey
Anglesey was the only place in Wales to feature in the top ten. The island gained the highest score for its local green space and nature – unsurprising given its vast coastline.
The average asking price was £324,048 and the average rent pcm was £766.
8. Bury St Edmunds
Bury St Edmunds, a market town in Suffolk, placed eighth. The average asking price in the town, named after King Edmund and famed its Abbey, is £334,160. With an average asking rent pcm of £1,368, it’s the most expensive place to rent in on the list.
9. Stirling
Stirling is the third and final Scottish location to feature in the top 10. The city sits in central Scotland, and the average asking price for the region is £197,075. Average asking rent pcm is £990.
10. Cirencester
Cirencester in the southwest of England rounds off the top 10 with an average asking price of £382,065 and an average asking rent pcm of £1,331.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Nic studied for a BA in journalism at Cardiff University, and has an MA in magazine journalism from City University. She joined MoneyWeek in 2019.
-
Rightmove: Autumn Budget pushed down asking prices but values will rise in 2025
Asking prices dipped by more than usual in October amid fears of tax rises
By Marc Shoffman Published
-
Investing in a dangerous world: key takeaways from the MoneyWeek Summit
If you couldn’t get a ticket to MoneyWeek’s summit, here’s an overview of what you missed
By MoneyWeek Published
-
Halifax: House price slump continues as prices slide for the sixth consecutive month
UK house prices fell again in September as buyers returned, but the slowdown was not as fast as anticipated, latest Halifax data shows. Where are house prices falling the most?
By Kalpana Fitzpatrick Published
-
Rents hit a record high - but is the opportunity for buy-to-let investors still strong?
UK rent prices have hit a record high with the average hitting over £1,200 a month says Rightmove. Are there still opportunities in buy-to-let?
By Marc Shoffman Published
-
Pension savers turn to gold investments
Investors are racing to buy gold to protect their pensions from a stock market correction and high inflation, experts say
By Ruth Emery Published
-
Where to find the best returns from student accommodation
Student accommodation can be a lucrative investment if you know where to look.
By Marc Shoffman Published
-
Best investing apps
Looking for an easy-to-use app to help you start investing, keep track of your portfolio or make trades on the go? We round up the best investing apps
By Ruth Emery Last updated
-
The world’s best bargain stocks
Searching for bargain stocks with Alec Cutler of the Orbis Global Balanced Fund, who tells Andrew Van Sickle which sectors are being overlooked.
By Andrew Van Sickle Published
-
Revealed: the cheapest cities to own a home in Britain
New research reveals the cheapest cities to own a home, taking account of mortgage payments, utility bills and council tax
By Ruth Emery Published
-
UK recession: How to protect your portfolio
As the UK recession is confirmed, we look at ways to protect your wealth.
By Henry Sandercock Last updated