The price per square metre of floorspace is the best indicator of property values, but it can be hard to visualise what that actually means.
Now, Zoopla has taken the raw data and converted it into terms that many will find much easier to understand - a sheet of A4 paper, which is 1/16th of a square metre.
It has crunched the numbers to calculate how many A4 sheets’ worth of space you get for £200 around the UK.
In the London borough of Westminster, £200 will buy you less than a quarter of an A4 sheet’s worth of space.
But in some parts of the country, including several areas of the North East, it will get you more than two sheets’ worth.
Below are the cheapest and most expensive places to buy a house in the North East, according to Zoopla, based on how many A4 sheets’ worth of space £200 will buy you there.
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1. Sunderland - 2.4 sheets
Sunderland is the joint cheapest place in which to buy a house in the North East, per sqm. For £200, according to Zoopla, buyers there can expect to get space equivalent to 2.4 sheets of A4 paper. In 2015, the same amount of money would have bought them 2.9 sheets. | Robin - stock.adobe.com Photo: Robin - stock.adobe.com
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2. County Durham - 2.4 sheets
County Durham is the joint cheapest place in which to buy a house in the North East, per square metre. For £200, according to Zoopla, buyers there can expect to get space equivalent to 2.4 sheets of A4 paper. In 2015, the same amount of money would have bought them 3.0 sheets. | Heritage Images via Getty Images Photo: Historic England Archive
3. Middlesbrough - 2.3 sheets
Middlesbrough is the joint third cheapest place in which to buy a house in the North East, per sqm. For £200, according to Zoopla, buyers there can expect to get space equivalent to 2.3 sheets of A4 paper. In 2015, the same amount of money would have bought them 2.9 sheets. | Getty Images Photo: Ian Forsyth
4. Stockton-on-Tees - 2.2 sheets
Stockton-on-Tees is the fourth cheapest place in which to buy a house in the North East, per sqm. For £200, according to Zoopla, buyers there can expect to get space equivalent to 2.2 sheets of A4 paper. In 2015, the same amount of money would have bought them 2.8 sheets. | nuttawutnuy - stock.adobe.com Photo: nuttawutnuy - stock.adobe.com