The average property price in London has now reached £472,163, for which you can buy a small one- or, if you're lucky, two-bedroom flat on the Zone 2/3 borders.
The price gap between property in London and the rest of the country is now more than double, with the most recent data from ONS and the Land Registry showing average prices of £211,230 across the UK.
It's little surprise that soaring buying and rental costs are contributing to increasing numbers of Londoners moving out of the capital.
Research by GOcompare.com sees London at the top of the league of biggest net losers of people moving within the UK, with 68,000 moving away in the past year.
Leafy commuter towns and villages are the biggest winners, especially for those in their thirties, who are looking for homes that offer more space and better value than city pads.
But what about those that still desire the buzz of a big city, the convenience of living in the heart of town, with bars and restaurants on their doorstep and handy transport links?
We take a tour of some of the most popular cities in the UK to see what you can buy for the price of selling an average London home.
From a three-bedroom flat in a Georgian terrace with a private garden in Edinburgh, to a modern two-bedroom apartment in Manchester city centre, to a five-bedroom family house in Nottingham, the results are surprising - but are they enough to entice you from the Big Smoke?