The proportion of home movers quitting London for northern England or the Midlands has more than tripled over the past decade as more buyers find themselves priced out of the South, according to a report.

In the first six months of 2018, a fifth (21%) of London leavers moved to the North or Midlands, up from just 6% in the first half of 2008, analysis from Hamptons International found.

This included people moving from London to the North East, North West, Yorkshire and the Humber and East and West Midlands.

The average buyer moving away from London in the first half of this year to somewhere else in Britain spent £424,610 on their new home - with typical purchase prices ranging from £575,010 for those buying in the South East to £132,370 for those moving to the North East, the research found.

House prices in London continue to soar (Photo by Dan Kitwood/Getty Images)

As well as less expensive house prices, home buyers aiming for a family-sized home in a northern region can also expect to pay the best part of £10,000 less in stamp duty typically than they would further south.

The report said the average stamp duty bill for buying a detached home in the South was £14,780 compared with £5,358 in the North.

Aneisha Beveridge, research analyst at Hamptons International, said: "With affordability stretched, more Londoners are moving out of the capital to find their new home. The proportion of London leavers heading north has tripled in the last 10 years.

"More people are making a bigger move and buying a larger home sooner to avoid having to pay stamp duty on additional moves as they trade up. But, for many, this means heading further north."

Hamptons International calculated that 30,280 homes were bought by those upping sticks from London in the first half of 2018, a 61% increase compared with the first six months of 2008.

Two-fifths (38%) of London leavers moved just outside the capital to the wider South East of England, but this proportion has reduced over the past year as affordability tightens, the report said.

After the South East, the East of England was the next most popular destination for home movers leaving London, with 30% of this cohort moving to the region in the first half of 2018.

Hamptons International made the projections for Britain as a whole using its own data.

Here are the proportions of movers leaving London for other parts of Britain and how much they pay for their new home on average, according to Hamptons International:

- South East, 38%, £575,010

- East of England, 30%, £394,480

- South West, 9%, £544,580

- North West, 7%, £149,530

- East Midlands, 6%, £167,790

- West Midlands, 5%, £181,220

- Yorkshire and the Humber, 2%, £153,740

- Scotland, 1%, £134,290

- North East, 1%, £132,730

- Wales, 1%, £240,190