First-time buyers can buy flats in the north for under £60,000

The north comes out on top for first time buyers looking to go flat out on a home.

The north of England has claimed top spot with 18 of its towns and cities ranked out of 20 as the most affordable locations for first time buyers to step onto the housing ladder.

Online agency, Housesimple has examined recent flat sales across the UK’s cities and towns using figures from the Land Registry to identify the most affordable locations for first time buyers.

The north-west and the north-east of England came out on top, with Burnley offering the best value throughout the UK at an average price of £54,161 for a flat. Hartlepool came in at second place with an average sale price of £57,659.

Throughout the UK, only Burnley and Hartlepool recorded an average sale price of a flat for less than £60,000.

Unsurprisingly, the research reveals that there are no towns or cities in the south of England where a flat sold for an average sale price under £100,000.

Swindon offers the best value in the south, with the average price of a flat at £140,847.

Both Stoke-on-Trent and Mansfield in the midlands, were the only towns outside the north that featured in the list at £75,104 and £76,973 respectively.

North South divide shows no sign of narrowing

In London, there are three boroughs where the average price of a flat is under £250,000. In Havering at £232,536, Barking and Dagenham at £234,655, and Bexley at £239,366. Kensington and Chelsea is the only borough recording an average sold price of in excess of £1 million for a flat.

Sam Mitchell, chief executive officer of Housesimple said: “Our research brings into sharp relief the issues facing buyers in the south where more and more people, including young families, struggle to save a sizeable deposit to afford even a basic one bedroom flat.”

“The north of England continues to offer great value for money across the board. With plenty of stock coming onto the market at affordable levels in the north-west and north-east, prices are just three or four times the average UK salary, so home ownership is a reality not a pipe-dream.”

Is cheap property a good investment? Check out the latest podcast

This month’s podcast covers everything you need to know about Property Management & Mortgages. We will be joined by Matt Eastham from Easthams & Co – Property Management and Marcus Docker from Visionary Finance. They give us their insider’s view on everything you need to know in the property management and mortgages markets, hosted by our very own Katie Walker.

Covering our some of clients top questions and the latest changes in the UK property market: market trends, Section 21, letting fees ban, generation rent, and buying a property in a limited company.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT