Blog Post

Value hotspots

TomS - Head Tom Simper Feb 13, 2024, 12:00 PM

 

The number of first-time buyers in 2023 fell by 21% compared with the year earlier, to 293,339. This would be due in part to rising affordability pressures.

Focussing on an area can highlight local value hotspots. The BD1 postcode in Bradford offers an average property price of £69,939. This is lower than the local average and significantly less than the national average of £358,457 (England) and £225,025 (Wales). In these locations, properties are priced much lower than in other parts of the UK, making it easier for first-time buyers to get on the property ladder.

Over half of the 20 most affordable locations were in the North East of England, four in the North West, three in Yorkshire and the Humber and two in Wales. Source: #Dataloft, Land Registry, based on average sales price achieved in the last 12 months (Dec 22 – Nov 23), all property types, Halifax

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Sold a property, and Gill was amazing throughout the process!"

- Rachel

"Friendly and helpful. No problems everything ran smoothly as expected and professionally."

- David

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"Excellent service, quick to find tenants and organising final checks, no complaints so far!"

- Steve

"Keep it up the good work. I thank you very much"

- Richard

"The staff at Peter Anthony could not have been more helpful. The team are well led by Gill."

- Steve

"Abbey was very friendly and helpful"

- Sandra

"If you need an Estate Agent who is going to really go the extra mile, Dewi is THAT person."

- James