Oval diamond prices.
The oval cut offers brilliant-style faceting in an elongated form. It creates the illusion of a larger stone and flatters the finger with its elongated silhouette. Our analytics are based on 194,887 oval diamonds currently on the global market — 141,419 lab-grown and 53,468 natural. Oval is the 2nd most popular shape, representing 12.5% of all diamonds in our dataset.
Natural
£4,804
per carat
Lab-grown
£729
per carat
84.8%
Savings
The average lab-grown oval diamond is priced at £729 per carat, while natural oval diamonds average £4,804 per carat — a 84.8% difference. This means your 1ct natural oval could trade for a 6.6ct lab-grown upgrade at equivalent value.
Oval price matrix.
Price per carat in GBP, based on 141,419 oval diamonds.
| FL | IF | VVS1 | VVS2 | VS1 | VS2 | SI1 | SI2 | I1 | |
|---|---|---|---|---|---|---|---|---|---|
| D | £1.8k | £1.2k | £978 | £886 | £824 | £769 | £950 | £1.1k | — |
| E | £1.7k | £1.2k | £857 | £734 | £726 | £806 | £825 | £1.6k | £2.2k |
| F | £2.2k | £1.4k | £803 | £592 | £676 | £762 | £752 | £1.3k | — |
| G | £2.3k | £1.5k | £784 | £625 | £729 | £899 | £1.3k | £1.2k | — |
| H | — | £2.0k | £1.1k | £709 | £703 | £795 | £2.0k | £2.0k | — |
| I | — | — | £1.4k | £1.4k | £1.7k | £1.8k | £2.3k | £2.2k | — |
| J | — | — | — | £2.5k | £2.5k | £2.2k | £2.3k | £2.0k | — |
| K | — | — | — | £2.0k | £3.0k | £2.9k | £1.7k | £2.7k | — |
Among oval diamonds, F/VVS2 offers the best value at £592/ct, while K/VS1 commands the highest premium at £3,004/ct.
Oval distribution.
Colour and clarity breakdown for oval diamonds.
Frequently asked.
What is the average price of a oval diamond per carat in the UK?
Based on our dataset of 194,887 oval diamonds, the average lab-grown oval costs £729 per carat, while natural oval diamonds average £4,804 per carat in GBP.
Are lab-grown oval diamonds cheaper than natural?
Yes. Lab-grown oval diamonds are 84.8% cheaper on average — £729/ct compared to £4,804/ct for natural. This means you could upgrade from a 1ct natural to a 6.6ct lab-grown for the same price.
How popular are oval diamonds?
Oval diamonds represent 12.5% of all diamonds in our dataset, making them the 2nd most popular shape.
What is the best value colour-clarity combination for oval diamonds?
F colour with VVS2 clarity offers the best value at £592 per carat for oval diamonds.
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