These 20 areas have the most affordable house prices across the country
The cheapest areas to buy a house in the UK have been revealed, and there are seven postcodes where homes typically cost less than £100,000. According to the government’s latest house price index data, properties in the UK now cost an average of £282,000 - which has fallen by 0.6 percent compared to the previous year.
The UK data shows that a standard home currently costs eight times the average salary, but in some areas you can snap up a bargain home for much less than the average. Our exclusive analysis of Land Registry data has looked at how much houses sold for in every postcode area across the country in the 12 months, revealing the most affordable areas to purchase a home.
The TS1 postcode - which covers Middlesbrough town centre - has the lowest average house price across the UK. Homes there sold for an average of £70,560 over the last 12 months - which is a 4 percent increase from the previous year.The BD1 postcode area - covering Bradford city centre - is the next cheapest place to buy a home. The average house there sold for £74,686 which was an increase from the previous year’s average of £71,975.
DN31, in Grimsby, had the next lowest average property price at £75,147, and is amongst the top three cheapest places to buy a home across the country.TS1 : £70,560SR8 : £100,598NE17 : £108,567You can find out the average price of properties in your neighbourhood by using our interactive map:
Property News Money Cost Of Living
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