Average house share costs in the UK

25 comments
  1. Show of hands whose mortgage (for the moment) is comparable with the cost of renting 1 room in a share?

    🙋‍♂️

  2. Flat share price shouldn’t be illustrated with green colour at all. It’s not a natural way for people to live, except for uni students for a few years in dedicated accomodation.

  3. From the East Midlands. I bought my house for £94k 5 years ago. Since then most houses I’m my area are on for 160k (but I’ve been told they often go way over). I know £160k is still relatively cheap but locally it’s a big bit of money.

    I feel so incredibly lucky that I have a house of my own. My mortgage is so much cheaper than these house share rents (at the moment, won’t be when the Tories / truss is finished).

  4. Are Spareroom presenting this as a good thing? Because my mortgage is cheaper than some of that…

    Edit: nvm, it’s compiled from an outside source. Still a bleak look.

  5. The Norwich one is massively skewed by 3 bedroom houses converted to 5-6 bedroom student accommodation for £500 a month.
    It’s taken so many family homes off the market it’s silly at this point.

  6. Rent to share a HMO in Cambridge is more than £100/month more than I will be paying on a mortgage for a 2-bed house in a decent town in the midlands. And somehow that comes out green. This is why young people are fucked in this country. Want to move anywhere that has any sort of prospects for a young professional? Have fun giving a huge chunk of your salary to a landlord just for the right to sleep indoors!

  7. Also, this is spareroom – it’s higher if you want to rent the whole place with a specific group of friends…

  8. I managed a private room for £400 a month in Oxford, but this was in one of the really rough bits of Temple Cowley. Back in Rushden near Northampton and I’m paying my mam £200 for my old room while saving for a deposit – I’m never renting again. Fed up of enriching property-owners while making myself poorer.

  9. £500! For a room! I was paying £650 for a two bed penthouse in my city 8 years back. It’s now triple that price.

  10. I pay £380 with bills included, I am very fucking lucky my rent hasn’t increased in 2 years I think they’ve forgotten about me and I’m not saying anything till they do! 🤣

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