House prices: the 15 areas in England with the cheapest average property prices
Are you looking to get on the property ladder this year? These are some of the most affordable areas in England
Buying a home in England is an increasingly expensive business.
And with energy bills soaring amid a cost of living crisis, many people will be thinking of ways to cut the amount they spend on housing.
If you are a first time buyer or looking to downsize to a cheaper mortgage there are currently 217 neighbourhoods in England where the average home costs less than £100,000, according to Land Registry data sourced from the Office for National Statistics.
Here we reveal the cheapest 17 neighbourhoods in England to buy a property in.
The figures are based on the median price paid in each neighbourhood in the 12 months to June 2021. The median is a measure of the average that takes the middle point between lowest and highest. Images are for illustrative purposes only.
1. Horden (County Durham)
The average property price in Horden (County Durham) was £42,500.
2. Ayresome (Middlesbrough)
The average property price in Ayresome (Middlesbrough) was £43,000.
3. Harbour & Victoria (Hartlepool)
The average property price in Harbour & Victoria (Hartlepool) was £51,000.
4. Shildon (County Durham)
The average property price in Shildon (County Durham) was £53,000.