Lab grown diamond rings are becoming increasingly popular across the UK.

Whether you're shopping for an engagement ring, a special anniversary piece, or simply exploring your options, understanding the price of lab grown diamonds can help you make an informed choice.

This guide will take you through everything you need to know about lab grown diamond rings and their pricing in the UK, helping you navigate the costs, quality, and options available.

Introduction to Lab Grown Diamonds

Lab grown diamonds, also known as man-made or synthetic diamonds, are created in a controlled laboratory environment but are chemically identical to natural diamonds.

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They share the same sparkle, brilliance, and durability, making them an attractive option for buyers who want the beauty of a diamond without the hefty price tag.

In recent years, lab grown diamonds have gained momentum in the UK, thanks to their affordability, ethical appeal, and lower environmental impact.

With their growing popularity, more jewellers are offering lab grown diamond rings, making it easier for consumers to find the perfect piece. If you want to explore a wide selection of lab grown diamonds, check out the lab grown diamonds UK page.

What Affects the Price of Lab Grown Diamond Rings?

Several factors influence the price of lab grown diamond rings, much like their natural counterparts.

The 4Cs: Carat, Cut, Clarity, and Colour

These are the primary factors determining the value of any diamond, including lab grown ones.

The larger the carat, the higher the price.

Cut refers to how well the diamond has been shaped, affecting its sparkle.

Clarity measures the diamond’s imperfections, and colour refers to how colourless the stone is.

A diamond with excellent clarity and colour will generally cost more. To see examples of round cut lab grown diamonds, check out this round lab grown diamond search.

Diamond Shape

Different diamond shapes come at varying prices.

Round diamonds are often more expensive because they waste more material during the cutting process, while shapes like princess or cushion cuts tend to be more affordable. To compare diamond shapes, view this cushion cut diamond search or princess cut diamond search to explore your options.

Ring Setting

The choice of metal for your ring—whether it's platinum, white gold, yellow gold, or rose gold—will significantly impact the final price.

Platinum, being the most durable and hypoallergenic, is usually more expensive.

Additionally, intricate ring designs or those featuring pavé diamonds or halo settings will cost more due to the craftsmanship involved.

Lab Grown Diamond vs Natural Diamond Prices

When it comes to price, lab grown diamonds offer significant savings compared to natural diamonds.

On average, lab grown diamonds are about 30% to 50% cheaper than their natural counterparts in the UK.

However, the cost-saving doesn’t mean you’re sacrificing on beauty or quality.

Lab grown diamonds are indistinguishable from natural ones to the naked eye.

What’s more, they are a more sustainable and ethical choice, as they don't involve mining, making them perfect for those seeking an eco-friendly option. For those interested in fancy coloured diamonds, check out this page on fancy coloured lab grown diamonds.

How Much Do Lab Grown Diamond Rings Cost in the UK?

The cost of lab grown diamond rings in the UK varies depending on several factors, but here's a rough guide to what you can expect:

Price Range by Carat Size

For a 0.5-carat lab grown diamond, prices can start at around £800 to £1,200.

A 1-carat lab grown diamond ring may range from £1,500 to £2,500, while larger diamonds, such as a 2-carat, could set you back between £3,500 and £5,000.

Keep in mind that these are general price estimates, and the final cost will depend on the specific diamond's quality, shape, and setting.

Entry-Level vs Luxury Lab Grown Diamond Rings

If you’re looking for a budget-friendly option, a simple solitaire lab grown diamond ring with a modest carat size and a white gold setting could cost as little as £800.

On the other end of the spectrum, a luxury lab grown diamond ring featuring intricate designs, larger diamonds, and a platinum setting could easily reach upwards of £6,000 or more.

Where to Buy Lab Grown Diamond Rings in the UK?

There are several reputable places to buy lab grown diamond rings in the UK.

Reputable Retailers and Jewellers

Many established jewellers now offer lab grown diamonds, including high-street stores and online retailers.

Some well-known names include Hatton Garden Jewellers, Vashi, and Taylor & Hart.

These jewellers allow you to either choose from their pre-designed collections or customise your own ring to suit your taste and budget.

Online Marketplaces

Websites like Blue Nile and Purely Diamonds offer a wide selection of lab grown diamond rings, often at competitive prices.

Shopping online provides the advantage of browsing different styles and comparing prices easily. You can explore various lab grown diamond shapes, such as pear cut diamonds, emerald cut diamonds, or even radiant cut diamonds, to find the perfect ring.

Custom Ring Design Options

If you want something unique, several jewellers offer custom design services for lab grown diamond rings.

You can work with an expert to design a ring that reflects your personal style, choosing everything from the diamond shape to the metal of the band.

Are Lab Grown Diamond Rings a Good Investment?

While lab grown diamonds are beautiful, sustainable, and more affordable, they don't typically hold their value as well as natural diamonds.

Resale prices for lab grown diamonds tend to be lower, as the market is still evolving.

That said, lab grown diamonds offer great value for those looking to enjoy a stunning diamond without overpaying.

They’re an excellent choice for people more focused on the present beauty and ethics of the piece, rather than its potential resale value.

Lab Grown Diamond Certification and Assurance

Just like natural diamonds, lab grown diamonds should come with a certification from a reputable grading body, such as the International Gemological Institute (IGI) or the Gemological Institute of America (GIA).

A certified lab grown diamond assures that the diamond has been graded for its 4Cs, guaranteeing its quality and authenticity.

Always ask for certification when buying a lab grown diamond to ensure you’re getting what you pay for.

You can find a great selection of certified lab grown diamonds on our UK lab grown diamond page.

Common Myths About Lab Grown Diamond Pricing

Myth: Lab grown diamonds are cheaper because they’re fake.

This couldn’t be further from the truth.

Lab grown diamonds are real diamonds in every sense—they’re just grown in a lab instead of mined from the earth.

They have the same chemical and physical properties as natural diamonds and are indistinguishable without specialised equipment.

Myth: All lab grown diamonds are the same quality.

Lab grown diamonds vary in quality just like natural diamonds.

The same 4Cs—carat, cut, clarity, and colour—apply to lab grown diamonds, and they can range from lower-quality stones to those that are flawless and colourless.

FAQs About Lab Grown Diamond Rings in the UK

How much does a 1-carat lab grown diamond ring cost in the UK?

A 1-carat lab grown diamond ring in the UK typically ranges between £1,500 and £2,500, depending on the diamond’s quality and the ring’s setting.

Are lab grown diamond rings cheaper than natural diamond rings?

Yes, lab grown diamond rings are generally 30% to 50% cheaper than natural diamond rings of similar quality.

Where can I find affordable lab grown diamond rings in the UK?

Many reputable jewellers in the UK offer affordable lab grown diamond rings, including Hatton Garden Jewellers, Vashi, and online stores like Blue Nile.

What’s the average cost of a lab grown diamond engagement ring?

The average cost of a lab grown diamond engagement ring in the UK is around £1,800 to £3,000, depending on the carat size and setting.

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