Buying a home in the UK is a challenging but aspirational dream for many people. However, in recent years, the continuous rise of house prices in the UK has discouraged many buyers, especially first-time buyers and investors. Then, what is the cheapest place to buy a house in UK? The good news is that, according to the latest survey, there are indeed some places in the UK that are relatively affordable, offering opportunities for those who aspire to have their own home.
List of Cheapest Place to Buy a House in UK
Looking for the cheapest place to buy a house in UK will not only enable you to realise your dream of buying a home, but also enjoy a high quality of life on a budget. According to the latest statistics, the cheapest place to buy a house UK is Londonderry, where the average house price is just £155,917. This figure is 42% lower than the current average UK house price of £270,493. Here is a list of the top 10 cheapest places to buy a house in UK.
| Rank | Cities | Average House Prices |
|---|---|---|
| 1 | Londonderry | £155,917 |
| 2 | Hull | £156,424 |
| 3 | North Carlisle | £163,232 |
| 4 | Bradford | £164,410 |
| 5 | Sunderland | £179,567 |
| 6 | Inverness | £191,840 |
| 7 | Glasgow | £196,625 |
| 8 | Perth | £203,229 |
| 9 | Aberdeen | £205,199 |
| 10 | Stirling | £208,927 |
Top 10 Cheapest Place to Buy a House UK
1. Londonderry -- £155,917
Londonderry is the cheapest place to buy a house in UK, with an average house price of just £155,917. It has also been the cheapest place to buy a house UK for three years. Prices are relatively low for a number of reasons. The main reason is that Londonderry is far from the UK’s economic centre and less accessible than developed cities in the south. While infrastructure here has improved in recent years, its transport network is still less developed than in London or the other areas in the southeast of England.
Moreover, Londonderry is located in Northern Ireland and has a relatively homogeneous economic structure, relying mainly on the public sector and traditional manufacturing. Compared with big cities such as London or Manchester, the region lacks large-scale high-paying industries such as finance and technology, resulting in lower overall income levels. As a result, housing prices in the region are hard to rise.
2. Hull -- £156,424
Hull is a city in East Yorkshire, England, where the cheapest house prices UK are provided. This is mainly because Hull is an undeveloped city, and the employment opportunities and income levels are not as good as those of developed cities such as London, resulting in a serious population outflow phenomenon in Hull. In order to pursue better employment opportunities and educational resources, local young people often choose to live in big cities. This oversupply has further decreased house prices in Hull.
3. North Carlisle -- £163,232
North Carlisle is a relatively small city in the northwest of England, near the Scottish border. Because the area lacks opportunities for large industries and high-paying jobs, residents have low incomes and limited ability to buy homes. Because of the weak economic foundation of North Carlisle, it is difficult to attract a lot of investment and talent, resulting in a lack of demand in the real estate market. North Carlisle is so remote that it is not easily accessible. It has also made the region’s property market hard to develop.
4. Bradford -- £164,410
Bradford is located in West Yorkshire, England, and is one of the region’s major cities. However, Bradford provides cheap property for sale UK in recent years. This is mainly because Bradford’s industrial structure is dominated by traditional manufacturing and service industries, and there is a lack of high-income emerging industries. The city’s infrastructure, such as public transport, commercial facilities and educational resources, still lags behind that of the developed southern regions. These factors make Bradford less attractive to the young population and high-income groups, and the phenomenon of population outflow is more obvious.
5. Sunderland -- £179,567
Sunderland is located in the northeast of England and is one of the important cities in the Northeast of England. However, Sunderland’s economic foundation is relatively weak. Its industrial structure is dominated by traditional manufacturing and service industries, and lacks high-value-added emerging industries. Compared with economically developed areas, Sunderland’s employment opportunities and residents’ income levels are low, and the demand for house purchases is significantly suppressed.
In addition, the region has a relatively high unemployment rate, further undermining residents’ ability to buy homes. And Sunderland’s social and cultural environment also has an impact on its house prices. The region is dominated by traditional communities, with a relatively single population structure and a lack of diversified social environment and cultural attraction. In addition, the younger generation is more inclined to choose renting rather than buying, and this shift in attitudes has further decreased the demand for home purchases.
6. Inverness -- £191,840
Inverness, the capital and largest city of the Scottish Highlands, has in recent years seen some cheapest houses in UK. However, unlike some areas that have been hit hard by recession or population loss, Inverness has its own unique reasons for low house prices. Despite the fact that Inverness is located in the heart of the Scottish Highlands and is an important transport hub connecting northern and central Scotland, it is far from economic centres like London. This location makes Inverness’s property market, which primarily serves local residents and the surrounding area, difficult to attract buyers from other parts of the UK, especially those seeking investment or high returns. As a result, its house price is relatively low in the overall UK market.
7. Glasgow -- £196,625
Glasgow is one of Scotland’s largest cities and an important industrial and cultural centre in the UK. However, house prices in Glasgow are relatively low compared to other major UK cities.
Although Glasgow has well-known universities, such as University of Glasgow and Glasgow School of Art, it lacks high-value-added emerging industries and financial services. Many young people choose to go to cities, such as London and Edinburgh, to pursue better job opportunities and social resources. This has also ultimately led to a lack of demand for homes in Glasgow, where prices are relatively low.
8. Perth -- £203,229
Perth, located in Scotland, is one of the cheapest place to buy a house in UK. While overall house prices in the UK are rising, some parts of Perth are even seeing a downward trend. This is mainly because Perth’s industrial structure is single, and residents have less income, so it is difficult to attract and retain talent. The cost of living in Perth has also increased in recent years, putting pressure on demand. Potential buyers are finding it harder to save enough for a down payment, further restraining price growth.
9. Aberdeen -- £205,199
Aberdeen is one of the cheapest place to buy a house UK. The local economy is dominated by the oil and gas industry and has been called the “oil capital of Europe”. Over the past few decades, the oil boom has brought wealth and jobs to the region, driving up property prices. However, in recent years, with the global energy transition, gradually decreased oil demand, and frequently fluctuating oil prices, Aberdeen’s oil industry has been impacted. Housing prices have been depressed by a drop in household income due to layoffs and reduced investment by related companies.
10. Stirling -- £208,927
Stirling, a major city in central Scotland, has some of the cheapest houses in the UK in recent years. Stirling’s economy is dominated by public services, tourism and local businesses, without the support of large multinational corporations or high-income industries. Compared with economic centres, such as London and Manchester, Stirling’s residents have a lower income level and limited ability to buy homes, which directly affects house prices.
Besides, Stirling has a relatively small population and a slow population growth. This has limited demand for housing and made it difficult to support large price increases. Although the cost of living in Stirling is relatively low, rising mortgage rates and increased cost of living pressures in recent years have made it more burdening for homebuyers. This has further restrained demand for home purchases, leading to weak price growth.
Housing predictions in the UK 2025
According to some latest market analyses and authoritative forecasts, the overall UK house prices will show a moderate upward trend in 2025, but the increase may vary depending on the region, economic environment and policy changes. Among them, the Midlands, North of England, Scotland and Wales are likely to see above-average increases. Why? The main reasons are as follows:
- Economic environment and interest rate: The Bank of England’s interest rate policy has a significant impact on house prices. The gradual decline in interest rates has lowered borrowing costs for home buyers and increased their affordability.
- Policy and Tax changes: It is estimated that in April 2025, the UK will restore the original stamp duty policy. The change could have a short-term impact on the market. In addition, the government plans to build 1.5 million new homes over the next four years to solve the lack of housing supply. But any increase in the supply of new homes is likely to be limited in the short term.
- Market supply and demand: Despite government plans to build more houses, there will still be a lack of housing supply in the short term, especially in London and the South East of England. This supply-demand imbalance will continue to cause house price increases. In addition, demand from first-time home buyers and investors will also drive market activity.
In addition to rising home prices, rental prices are also expected to increase. But don’t worry. If you want to find your ideal home at a reasonable price, check uhomes.com. We have a professional team who can recommend you a wide range of properties. With our help, you are sure to find suitable accommodation in the UK.
Conclusion
In exploring the cheapest place to buy a house in UK, we found that when choosing a location to buy properties, we should pay attention to local job opportunities, educational resources, transportation and many other factors in addition to the price of the property itself. After all, buying a home is not only about owning a place to live, but also about choosing a lifestyle. For home buyers who are on a budget but don’t want to sacrifice their quality of life, these cheapest houses in UK are definitely worth considering.
No matter where you end up, you should first fully understand the local real estate market. To get a better sense of the local situation, you can rent for a while and see if the city can meet all the requirements. If you don’t know how to rent a suitable property, you can consult the professional team at uhomes.com. We will be online 24/7 to provide you with intimate service.
FAQ
Here are the top 10 cheapest place to buy a house in England:
| Rank | Post Towns in England | Median Value of a House |
|---|---|---|
| 1 | Shildon, North East | £69,650 |
| 2 | Peterlee, North East | £85,300 |
| 3 | Ashington, North East | £93,800 |
| 4 | Stanley, North East | £89,230 |
| 5 | Ferryhill, North East | £92,885 |
| 6 | Crook, North East | £96,665 |
| 7 | Birkenhead, North West | £112,495 |
| 8 | Hartlepool, North East | £106,340 |
| 9 | Blyth, North East | £116,195 |
| 10 | Workington, North West | £121,000 |
| Rank | Postal Towns in Scotland | Median Value of a House |
|---|---|---|
| 1 | Cumnock | £79,030 |
| 2 | Greenock | £93,790 |
| 3 | Saltcoats | £93,190 |
| 4 | Ardrossan | £94,170 |
| 5 | Girvan | £102,130 |
| 6 | Irvine | £95,965 |
| 7 | Port Glasgow | £98,710 |
| 8 | Wishaw | £98,695 |
| 9 | Kilwinning | £99,010 |
| 10 | Clydebank | £98,470 |
| Rank | Postal Towns in Wales | Median Value of a House |
|---|---|---|
| 1 | Ferndale | £96,960 |
| 2 | Abertillery | £114,630 |
| 3 | Mountain Ash | £118,920 |
| 4 | Tonypandy | £123,090 |
| 5 | Treorchy | £125,395 |
| 6 | Pentre | £126,935 |
| 7 | Maesteg | £133,610 |
| 8 | Tredegar | £130,940 |
| 9 | Merthyr Tydfil | £134,480 |
| 10 | Aberdare | £135,345 |
| Rank | Best Commuter Towns London | Travel Time to London | Average Property Prices |
|---|---|---|---|
| 1 | Beaconsfield, Buckinghamshire | 23 minutes | £1,077,895 |
| 2 | Epping, Essex | 38 minutes | £605,761 |
| 3 | Guildford, Surrey | 40 minutes | £589,131 |
| 4 | Henley-On-Thames, Oxfordshire | 1 hour | £754,694 |
| 5 | Hitchin, Hertfordshire | 33 minutes | £494,111 |
| 6 | Horley, Surrey | 28 minutes | £412,354 |
| 7 | Reading, Berkshire | 25 minutes | £406,695 |
| 8 | St Albans, Hertfordshire | 20 minutes | £641,769 |
| 9 | Royal Tunbridge Wells, Kent | 45 minutes | £544,647 |
| 10 | Twyford, Berkshire | 29 minutes | £571,384 |
| Rank | Most Expensive Places in UK | Average Property Prices |
|---|---|---|
| 1 | London | £533,800 |
| 2 | Cambridge | £470,500 |
| 3 | Oxford | £447,600 |
| 4 | Bristol | £339,400 |
| 5 | Bournemouth | £327,200 |
| 6 | Portsmouth | £277,700 |
| 7 | Edinburgh | £275,300 |
| 8 | Southampton | £257,700 |
| 9 | Cardiff | £253,500 |
| 10 | Manchester | £228,600 |
