by Jonny Stevens on 24th June 2019
Although UK house prices have risen in value significantly over the past 20 years, it’s still possible to find properties on the market today for £20,000 or less, which is the price of an average family car, according to research by Housesimple.com.
You could buy the 10 cheapest properties for sale today for a total of £190,000, which is less than the average house price in the UK of £226,798.
The cheapest property on the market in the UK is a studio flat in North Shields, with a guide price of £17,000. The cheapest house is a two-bed terraced in Hunslet Lane, Burnley, listed at £19,950.
The following table shows the 10 cheapest properties currently for sale in the UK, all on the market for £20,000 or under:
|
Address |
Description |
Price (£) |
|
St Johns Green, North Shields NE29 |
Studio flat |
£17,000 |
|
North Road West, Wingate, County Durham |
One-bed flat |
£17,500 |
|
High Street, Maybole, South Ayrshire |
One-bed flat |
£18,000 |
|
Scotland Road, Liverpool, L5 |
Studio flat |
£19,000 |
|
Mitchell Road, South Moor, Stanley, Durham DH9 |
One-bed flat |
£19,000 |
|
Hunslet Street, Burnley |
Two-bed terraced house |
£19,950 |
|
Stephen Street, Hartlepool, TS26 |
Two-bed terraced house |
£19,950 |
|
Victoria Court, Liverpool, Merseyside, L8 |
Studio flat |
£20,000 |
|
General Bucher Court, Bishop Auckland DL14 |
One-bed flat |
£20,000 |
|
Eldon Lane, Bishop Auckland |
Two-bed terraced house |
£20,000 |
Sam Mitchell, CEO, Housesimple.com, comments: “With the average UK house price just over £225,000, it doesn’t seem possible that you can still buy a property for pre-1980 prices. Although, even at these scarcely believable prices, most buyers probably won’t be tempted to take a punt. Saying that, if you’re not afraid to get your hands dirty, and purchase something that needs a full refurbishment, you could find yourself a bargain with huge potential.”
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