With average UK house prices approaching £200,000 many first time buyers despair of every getting on the property ladder. Also, there seems little scope for making future capital gains. However, if we look around we become aware that house prices can fluctuate significantly for the sake of only a few miles. The Independent recently identified some towns which offer excellent value for money. If you are determined to buy your first house, look into whether you can move to these towns. There is likely to be real scope for property growth as well.
Cheap House Prices
- Aylesbury: A starter flat can be bought for £137,000. Aylesbury is close to both Oxford, Birmingham and London. Both London and Birmingham are about a 1 hour train journey. Population 70,000.
- Basingstoke: flats from £142,000 close to M3. Only 45 mins from London. population 85,000
- Glocester: Terraced houses from £140,000. Boosts low unemployment, 2 Harry Potter films. close to Cotswolds and is one of the most attractive towns in central England.
- Bridlington: Larger Family houses from £128,000. This combines an attractive seaside location with great affordability. Busy in summer, but, without the crowds of Blackpool. Great potential for house price growth.
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Thanks to Sagar for featuring UK House prices in his home onwers blog carnival
References for article: low down on UK’s cheapest house price locations at Independent
1 comment so far ↓
To add to the above you can find houses in Aylesbury starting from around £130,000. House prices has made it difficult to find property for first time buyers, but as this article suggested there are places that are affordable.
Good Article.
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