Cheapest areas for property in the UK

[Deathraystare]

This is just out of curiosity. Some areas I can probably guess. I know the cheaper bitss in London.

I was watching that auction property programme. I know it is years out of date but nearly choked when one house went for £40k! Yes it needed work but even so and yes I know it was a few years ago!

Here's a three bedroom house about an hours from where I live, for £70k. Needs modernisation but looks like you could move right in.

www.rightmove.co.uk/property-for-sale/property-67603405.html

You can buy a house for £40k, or less in Middlesborough even now. Many places outside the south east have prices now that are lower than the pre 2008 crash.

Offers in excess of £40k

Another one at £40k

Yours if you beat the current offer of £30, 100

Thanks! Tried to get back on here with a search but it didn't come up with anything so thanks for answering.

Just had a look on Rightmove for prices near where I grew up in Tyneside. Jarrow the cheapest you could get was £30k, but that was an outlier - next one up was double that. South Shields was similar, with prices starting around 60k. Newcastle more expensive again.

Disclaimer - because I needed to narrow the search, I looked for 3 bed houses with gardens. I'm sure you could get smaller, cheaper properties.

In Middlesborough there was a 3 bed terrace going for 13k!!! Looked like a wreck though.

You can still buy for around £40k in parts of the South Wales Valleys

East Lancs

Northern Ireland

Lochgelly in Fife is officially the cheapest area to live I think.

The 3 bed, remote cottage that I hope to one day live in sold privately for under £70k last summer. SW Scotland.
I've dreamed of living in it for 45 years and found out about its sale 6 weeks too late. I was, and still am, gutted.

ive just had houses valued in Sunderland for 25k. not very nice areas u would want to live in though!

I think even in South Wales 40k would be a push these days. Lots of suitable properties for first time buyers around the 70k mark though.

There are over 100 2 bed properties within 5 miles of me in Stockton for under 50k. Ok, some need refurbishing, some are auction and might go for more, and some are shared ownership. But in that lot are some solid, refurbished terraces. You might not want to leave your front door, but they exist.

They're cheap for a reason, you wouldn't want to live there.

I'm from the NE and you wouldn't want to live in a 40k house in Middlesbrough/Stockton etc!

For somewhere you could actually live in, villages around Lincoln are good value.

I think this one is liveable; albeit in need of work. Sea views to a beautiful beach and under an hour to Belfast (which is considered a long commute here- hence the price!)

Check this out on PropertyPal's awesome iPhone app - propertypal.com/616110

Well you could buy this but for a home this might be better

Lochgelly? Oh my Christ.

Lochgelly is where my family live. What you saying, murdress?

£22.5K auction guide price in Goldthorpe, S Yorks. Post industrial heartland of the S Yorks coal field. It’s not amazing, but it’s not that bad.

Be careful....there are a few streets near me which are incredibly cheap but locals won't touch them for a reason: the area is infested with members of a notorious local drug gang who are not averse to having locals beaten up if they think they are grassing on them.

Locals who've lived there for years and want to leave can't sell up.

Don't buy if you haven't lived in the area for a while first. Goldthorpe, as above, is a crap hole with no jobs and anti-social behaviour galore.

Ah well. I will put my fantasies of buying a cheap property and making a killing then, fuelled by that auction programme. I love watching how they do up a completely neglected house and makes a killing!

Also, I know nothing about areas oop North.

I remember watching Location, Location, Location where Kirstie was trying to get a single female interested in a flat in Hackney. She pointed out the woman could walk through the park on her way to and from work. Er yeah......

HPLikecraft I have been driven around parts of Lincolnshire for a friend's dad's funeral. I agree there are some lovely villages. He lived in one.

Cailleach www.ilivehere.co.uk/goldthorpe-barnsley.html

I gather this tells me al I need to know about the area!!!!!

Hawick looks interesting, Lochgelly not so much!