The cheapest places in the UK to up-size your home

Blackpool, Middlesbrough and Islington are some of the cheapest places in the UK to upgrade to a bigger home – depending on exactly how many rooms you want.

Research by estate agent comparison site GetAgent found hat on average, every additional room adds 44% to a property’s value.

The current average cost of a one-bed is £193,226, climbing 26% to an average of £243,762 for a two-bed.

READ MORE: 20% fall in house prices “not out of the question” after no-deal Brexit

The popularity of three-bed homes for growing families and a lack of stock to accommodate this demand means the price jump between a two and three-bed property is one of the largest at 47%, second only to the difference between a four and five-bed home.

Up-sizing between a three and four-bed requires an additional 42% in property prices with the biggest jump predictably that between a four-bed property and a home with five or more bedrooms – a 62% increase.

With a growing population and a lack of housing stock being delivered, it’s no surprise that the cost of an additional room in London is higher, with an additional 52% required for every room up-sized.

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Again, the jump between two and three-bed homes is the second largest at 59%, with an increase of 63% between four-bed homes and properties with five beds or more.

The most and least affordable up-sizing locations

However, up-sizing doesn’t have to be a tough financial hurdle. There are plenty of pockets of the UK where improving your property potential is pretty cost-effective.

The smallest average increase between the price of a one and two-bed can be found in Blackpool (0.2%), while the most sought-after two to three-bed jump is at its cheapest in Middlesbrough, with a 13% increase.

The cheapest places to up-size from a one to two-bed home

1. Blackpool (0.2%)

2. Caerphilly (0.2%)

3. Fylde (1%)

4. Knowsley (1%)

5. Wigan (1%)

6. West Lindsey (1%)

7. Rugby (1%)

8. Bradford (2%)

9. Redcar & Cleveland (2%)

10. Nonmouthshire (2%)

The cheapest places to up-size from a two to three-bed home

1. Middlesbrough (13%)

2. North East Lincolnshire (17%)

3. Caerphilly (19%)

4. Western Isles (20%)

5. Newham (23%)

6. Castle Point (24%)

7. South Gloucestershire (25%)

8. Blackpool (26%)

9. Wolverhampton (26%)

10. Rhondda Cynon Taf (26%)

While the cost of buying in the borough of Islington is high, it’s home to the smallest increase in property price between a three and four-bed home at just 3%, with Buteshire is the best place to go big and move from a four-bed, to a five-bed or larger, with an increase of 5%.

The cheapest places to up-size from a three to four-bed home

1. Islington (2%)

2. Tower Hamlets (9%)

3. Midlothian (13%)

4. Southwark (17%)

5. Hammersmith and Fulham (17%)

6. Comhairle nan Eilean Siar (17%)

7. Barking and Dagenham (23%)

8. Newham (23%)

9. Enfield (23%)

The cheapest places to up-size from a four to five-bed home

1. Buteshire (5%)

2. City of London (7%)

3. Manchester (7%)

4. Bexley (17%)

5. Preston (18%)

6. Merthyr Tydfil (19%

7. Luton (19%)

8. Barking and Dagenham (22%)

9. Copeland (23%)

10. Middlebrough (24%)