Trading up, trading down

Trading Up: Bognor Regis. Shunt this Grade II listed house along the coast to Brighton and you'd need to be half way to your first million to afford it. Here in Bognor Regis you have the same regency splendour next door to the esplanade and 500 yards from the town's main shopping drag. There are only three bedrooms, but you could bed down in one of the three reception rooms. It's been smartly renovated with a wet room, two glamour bathrooms, new kitchen and stripped wooden floors. £395,000.
Glyn-Jones 01243 864400 Photograph: Glyn-Jones/Glyn-Jones

Trading Up: Northamptonshire. Families with reckless expansion plans will be effortlessly absorbed into the 2,000 sq ft of living space in the village of Silverstone. The living room has been elongated into a conservatory at one end, teenagers can be distributed among the other three reception rooms, not counting the large kitchen, and the four bedrooms, one with an en suite. Chelsea gold medallist David Stevens designed the split level back garden. £424,950.
Michael Graham 01327 350022 Photograph: Michael Graham/Michael Graham

Trading down: Kent. This Kentish cottage in the village of Sandhurst is larger than it looks. One of the three bedrooms has its own en suite shower room, the living room is nearly 22 ft long and there is a garage and a detached office at the bottom of the enormous garden. Total perfection save for the A268 passing to the front. £289,000.
Calcutt Maclean Standen 01580 713250 Photograph: Calcutt Maclean Standen/Calcutt Maclean Standen

Trading down: London. Repackage your life elegantly into this two-bedroom flat near Kensal Green station NW10. You needn't jettison that mini greenhouse, as you get a sizeable lawn out back. French doors, white decor and wooden floors give a feeling of expansive chic, all for £300,000.
Faron Sutaria 020 7229 2404 Photograph: Faron Sutaria/Faron Sutaria

Bargain of the Week: Somerset. Its misfortune is to share the same area of Ilminster with the local industrial estate and to have a portion of its garden across the lane. Eliminate these flaws and you'd be spending nearer £225,000. The consolation is a good deal of character, three bedrooms, two reception rooms with quaint fireplaces, a private driveway and garage a mile from the centre of town. £184,950.
Greenslade Taylor Hunt 01460 57222 Photograph: Greenslade Taylor Hunt/Greenslade Taylor Hunt