Here are the 15 cheapest property locations for buyers and investors in England according to the latest Land Registry data, based on sales up to the end of April.
Our thoughts. It’s important to point out that, with the introduction of the new UK House Price Index, the way in which prices are calculated together with the locations for which it is calculated have changed. So our ‘top 15’ tables for this and future months are no longer directly comparable with those we’ve been publishing since 2015.
However, examination of the figures shows that the cheapest property price locations in the UK remain much the same, being mainly the north east, north west and a (very) few parts of the Midlands. So it is these areas which still offer ‘bargain buy’ scope for investors. There’s also still very much a two way split within the cheapest-of-the-cheap areas. With, on the one hand, some areas where prices are changing very little and, on the other, locations such as Barnsley, Hull and Stoke which seem to be producing steady, sustainable price gains month on month.
Barnsley
Current average property price in Barnsley: £109,841
Annual price change: 6.9% ↑
Barrow In Furness
Current average property price in Barrow In Furness: £102,736
Annual price change: 1.4% ↑
Blackburn with Darwen
Current average property price in Blackburn with Darwen: £95,870
Annual price change: 1.1% ↑
Blackpool
Current average property price in Blackpool: £97,920
Annual price change: 1.1% ↑
Bolsover
Current average property price in Bolsover: £110,095
Annual price change: 11.3% ↑
Burnley
Current average property price in Burnley: £72,584
Annual price change: 4.15% ↑
Durham (County)
Current average property price in Durham: £97,475
Annual price change: 1.4% ↑
Hartlepool
Current average property price in Hartlepool: £97,554
Annual price change: 4.0% ↓
Hull
Current average property price in Hull: £98,239
Annual price change: 5.3% ↑
Hyndburn
Current average property price in Hyndburn: £92,729
Annual price change: 10% ↑
Middlesbrough
Current average property price in Middlesbrough: £106,960
Annual price change: 0.7% ↑
Pendle
Current average property price in Pendle: £88,209
Annual price change: 2.7% ↑
North East Lincolnshire
Current average property price in North East Lincolnshire:£111,045
Annual price change: 6.4% ↑
Stoke on Trent
Current average property price in Stoke on Trent: £96,705
Annual price change: 3.3% ↑
Sunderland
Current average property price in Sunderland: £108,156
Annual price change: 0.5% ↑
