{"id":987,"date":"2023-07-12T09:57:16","date_gmt":"2023-07-12T08:57:16","guid":{"rendered":"https:\/\/www.darvills.co.uk\/news\/?p=987"},"modified":"2023-07-12T09:57:16","modified_gmt":"2023-07-12T08:57:16","slug":"the-cheapest-place-to-buy-a-house-infographic","status":"publish","type":"post","link":"https:\/\/www.darvills.co.uk\/news\/the-cheapest-place-to-buy-a-house-infographic\/","title":{"rendered":"The cheapest place to buy a house [ Infographic ]"},"content":{"rendered":"

If you\u2019d love to get your foot on the property ladder but have a tight budget, you might be wondering \u201cWhat\u2019s the cheapest place to buy a house?\u201d. Read on to find out where you can get more house for your money in 2023.\u00a0<\/span><\/p>\n

\"The<\/p>\n

8 of the cheapest places for property\u00a0<\/span><\/h2>\n

Middlesbrough<\/span><\/h3>\n

The northeast has some of the cheapest property prices in the whole of England, with Middlesbrough coming top. With the average house costing just \u00a354,978 in this Teesside town, it\u2019s a great place to look for a home if you don\u2019t have much to spend. The suburb of North Ormesby is particularly affordable, with houses costing as little as \u00a330,000 here.\u00a0<\/span><\/p>\n

Bradford\"Why<\/span><\/h3>\n

Bradford is the second-cheapest place to buy a house in the UK, with the average property costing \u00a358,673. The City Centre,\u00a0Goitside, Little Germany,\u00a0Independent Quarter, City Park and\u00a0West End all renowned for affordable houses. The average price paid for a house in these parts of Bradford is \u00a347,998.<\/span><\/p>\n

Sunderland<\/span><\/h3>\n

Also in the northeast, Sunderland has some of the cheapest houses in the country. The SR1 postcode is particularly affordable, with a property here likely to set you back around \u00a365,000. Sunderland has a stunning coastline, green spaces, and a busy city centre, making it a fantastic place to call home.\u00a0<\/span><\/p>\n

Grimsby\u00a0<\/span><\/h3>\n

When looking for the cheapest place to buy a house, consider Grimsby. Take a closer look at the East Marsh area, which has several houses that ideal for smaller budgets. You could snap up a property for as little as \u00a371,105. Not only is the housing here cheap, but the beach is ten minutes away in Cleethorpes, providing many fantastic days out for families.\u00a0<\/span><\/p>\n

Shildon<\/span><\/h3>\n

Shildon is one of the most affordable towns to buy a house, with an average price of just \u00a373,637. Lying just 13 miles outside Durham, it\u2019s in the ideal position for commuters and those who want to shop \u2018til they drop and dine in fantastic restaurants. Shildon is also home to the famous train museum, known as Locomotion. The museum tells the story of the early days of the railway industry and the town’s links to the railways since the 1820s.<\/span><\/p>\n

Peterlee\u00a0<\/span><\/h3>\n

Peterlee, or \u201cMexico City\u201d as the locals affectionately call it due to its distinctive architecture, is a great place to look for your next home. The SR8 postcode in particular has an abundance of cheap houses. Many of these are ideal for first-time buyers or investors. Near to Durham and with its own bustling town centre, Peterlee should be on your list if you\u2019re looking for a cheap house.<\/span><\/p>\n

Stanley<\/span><\/h3>\n

A former colliery town, Stanley is awash with cheap houses for sale. With the average price currently standing at \u00a391,391, you can look forward to snapping up a real bargain property. Whether you want to live in the house you buy or rent it out, you can expect it to be a fantastic investment. Although the high street isn\u2019t as busy as it once was, there\u2019s a real sense of comradery in the town.\u00a0\u00a0<\/span><\/p>\n

Liverpool\u00a0<\/span><\/h3>\n

Even though property in Liverpool is in high demand, houses in some areas of the city are some of the most affordable in the UK. You can expect to buy a cheap house for as little as \u00a391,793. Walton South is the cheapest area to purchase a house, with an average price of \u00a377,000. Everton East is also pretty cheap, with the average property costing only \u00a386,000.<\/span><\/p>\n

\"EuropeanIs buying a cheap house a good idea?<\/span><\/h3>\n

With so many cheap houses for sale, you may be wondering if you should snap one of them up. Buying a cheap house can be a good idea in certain situations, but it also comes with potential risks and considerations. There are several factors to consider, including:<\/span><\/p>\n