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Average Spend On Engagement Ring Is Over £7,000

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The average amount spent on an engagement ring in the UK is over £7,000 new figures from money.co.uk show.

According to the website’s research, the average amount spent on the perfect ring for a proposal in the UK is £7,056, an increase of 12 per cent.

It also found that, while a combination of diamonds and sapphires is the most popular mix of precious stones for an engagement ring, diamonds are still the single most popular gem to feature in engagement rings.

In fact, 68 per cent of people choose diamonds over other stones when shopping for an engagement ring, with diamonds increasing in popularity by almost 20 per cent in 2021.

The solitaire was singled out as the most popular cut of diamond in engagement rings, followed by three stone and cluster designs. If you’re not sure where to start with yoru search for the right engagement ring for your partner, speaking to experienced and professional jewelers in Bucks could help.

They will be able to talk you through the various options and help you narrow down the choice of rings for your loved one.

Meanwhile, Vogue recently picked out some of the engagement ring trends that are expected to be big this year. At the top of the list is the rise of unique and original designs for this kind of jewellery, with the magazine noting that people are keen to opt for bespoke and creative takes on the traditional engagement ring.

The magazine also noted that there appears to have been an increase in couples who want to have input in the design of their engagement ring, helping to ensure that the piece they take home truly is one of a kind and designed for them.