Curious about where to find the most affordable newly built homes in England and Wales? A recent study analyzed data to uncover the local authorities with the lowest median prices for new housing. Let’s explore the top 15 areas where you can find the best deals on newly built homes.
15. Chesterfield, East Midlands
Chesterfield ranks 15th with a median new housing price of £214,995. This historic market town offers affordable housing along with a rich industrial heritage and scenic surroundings. Chesterfield is also known for its famous crooked spire and vibrant market scene.
14. Burnley, North West
Burnley takes the 14th spot with a median price of £214,995. Known for its picturesque landscapes and strong community spirit, Burnley provides great value for new home buyers. The town has a growing economy with investments in education and healthcare.
13. North Lincolnshire, Yorkshire and The Humber
North Lincolnshire ranks 13th with a median price of £210,000. This area boasts charming villages and convenient transport links, making it an attractive and affordable location. It is also home to several nature reserves and parks for outdoor enthusiasts.
12. Kingston upon Hull, Yorkshire and The Humber
Kingston Upon Hull comes in at 12th place with a median new housing price of £210,000. As a vibrant cultural hub, Hull offers a blend of affordable living and dynamic city life. Hull’s waterfront and marina area have become popular spots for residents and visitors alike.
11. Mansfield, East Midlands
Mansfield ranks 11th with a median price of £210,000. This town is known for its rich history, green spaces, and affordable housing options, making it a desirable place to live. Mansfield also has excellent transport connections to Nottingham and other major cities.
10. Cumberland, North West
Cumberland is 10th with a median price of £209,973. This area offers stunning natural beauty and a peaceful lifestyle, ideal for those seeking affordable new homes. The region includes parts of the Lake District, perfect for outdoor activities.
9. Dudley, West Midlands
Dudley takes the 9th spot with a median price of £195,000. Known for its industrial heritage and family-friendly environment, Dudley offers affordable housing in a convenient location. The town also features attractions like Dudley Zoo and Castle.
8. Derby, East Midlands
Derby ranks 8th with a median new housing price of £190,000. This city combines affordability with a strong economy, making it a great place for new homeowners. Derby is also known for its engineering and manufacturing industries.
7. Swansea, Wales
Swansea comes in 7th with a median price of £185,000. This coastal city offers beautiful beaches and affordable new homes, perfect for those looking to enjoy a seaside lifestyle. Swansea also has a vibrant arts scene and several annual festivals.
6. South Tyneside, North East
South Tyneside ranks 6th with a median price of £179,995. This area is known for its scenic coastline and affordable living, making it a popular choice for new home buyers. The area also features historical sites like Hadrian’s Wall and Roman forts.
5. Liverpool, Merseyside
Liverpool is 5th with a median new housing price of £170,950. This vibrant city offers a mix of cultural attractions, history, and affordable housing. Liverpool is also renowned for its music scene, particularly as the birthplace of The Beatles.
4. Cardiff, Wales
Cardiff ranks 4th with a median price of £155,548. As the capital of Wales, Cardiff provides affordable new homes along with a lively urban atmosphere and rich history. The city is also home to notable landmarks like Cardiff Castle and the Millennium Stadium.
3. Wirral, Merseyside
Wirral takes the 3rd spot with a median price of £135,000. Located across the River Mersey from Liverpool, Wirral offers affordable living with easy access to urban amenities. The borough is also known for its beautiful coastline and countryside.
2. Stoke-on-Trent, Staffordshire
Stoke-on-Trent ranks 2nd with a median new housing price of £126,858. This area, known for its pottery industry, offers affordable new homes and a strong community spirit. Stoke-on-Trent also boasts a variety of museums and cultural attractions.
1. Erewash, Derbyshire
Erewash tops the list with the lowest median new housing price of £122,750. This largely rural borough includes towns like Ilkeston and Long Eaton, offering affordable housing in a serene setting. Erewash’s proximity to Nottingham and Derby provides additional convenience for residents.
Methodology
This study by One Sure Insurance analyzed data from the Office for National Statistics to find the local authorities with the lowest median prices for newly built housing in 2023. The analysis focused on median prices to provide a clear picture of affordability in different regions.
Katy Willis is a writer, master herbalist, master gardener, and certified canine nutritionist who has been writing since 2002. She’s finds joy in learning new and interesting things, and finds history, science, and nature endlessly fascinating.
