Now we know!
Green Party and Liberal Democrat constituencies are the most expensive areas of the UK, with Conservative seats only ranking third, according to new research linking house prices to political party support.
The findings fromย Bridging Loan Hubย reveal that, when analysing the average house price in all 650 UK constituencies, at ยฃ394,577, the sole Green constituency (Brighton, Pavilion) pips the Lib Dems, with an average value of ยฃ368,517.
Despite a reputation for โlooking after the richโ Conservative seats are only the third most expensive in Britain, averaging ยฃ330,585 per home.
That being said, the most expensive single constituency is a Tory one, with four others making up the top 10. Chelsea and Fulham has an average house value of ยฃ2,203,482, which is 25 times more than the cheapest constituency in the UK.
Conservative seats also have the greatest range in house prices. The difference between the most and least expensive Tory constituencies is ยฃ2,082,689 and Labour follow closely behind with a ยฃ2,014,780 difference.
Seats held by Jeremy Corbynโs party have ยฃ265,762 homes on average, with constituencies ranging from ยฃ90,058 to ยฃ2,104,838.
Sinn Fรฉin strongholds in Northern Ireland have the cheapest homes nationally, averaging just ยฃ133,820 per property across their seven seats. The Irish republican party also has the lowest price for any single constituency: ยฃ88,178 in West Tyrone.
Political parties ranked by average constituency house price:
1.ย ย ย ย Green –ย ยฃ394,577
2.ย ย ย ย Liberal Democrat –ย ยฃ368,517ย
3.ย ย ย ย Conservative –ย ยฃ330,585
4.ย ย ย ย Labour –ย ยฃ265,762
5.ย ย ย ย Independent –ย ยฃ198,912
6.ย ย ย ย SNP –ย ยฃ170,920
7.ย ย ย ย Plaid Cymru –ย ยฃ168,449
8.ย ย ย ย DUP –ย ยฃ141,926
9.ย ย ย ย Sinn Fรฉin –ย ยฃ133,820
The 10 most expensive constituencies:
1.ย ย ย ย Chelsea and Fulham (CON) –ย ยฃ2,203,482
2.ย ย ย ย Kensington (LAB) –ย ยฃ2,104,838
3.ย ย ย ย Hampstead and Kilburn (LAB) –ย ยฃ1,628,737
4.ย ย ย ย Cities of London and Westminster (CON) –ย ยฃ1,390,934
5.ย ย ย ย Westminster North (LAB) –ย ยฃ1,203,319
6.ย ย ย ย Beaconsfield (CON) –ย ยฃ1,150,489
7.ย ย ย ย Esher and Walton (CON) –ย ยฃ1,070,797
8.ย ย ย ย Hammersmith (LAB) –ย ยฃ1,034,910
9.ย ย ย ย Holborn and St Pancras (LAB) –ย ยฃ946,475
10.ย Richmond Park (CON) –ย ยฃ932,113
Daniel Tannenbaumย of Bridging Loan Hub said: โIt is interesting that our findings reveal that the more liberal parties have supporters who own the most expensive properties on average, potentially dispelling some Tory stereotypes.
โThe split of the richest 10 constituencies is exactly 50:50 between Conservative and Labour, so there is no evidence here that one party is the โparty of the richโ. The wide range of house prices for both partiesโ constituencies suggest their policies are in fact appealing to a wide range of people all across Britain.โ
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