The 17 UK towns and cities where you can buy a family house for £100,000 or less

by Jonny Stevens on 4th June 2019

It is still possible to buy a family home, with three bedrooms or more, in or close to a major UK town or city, for less than £100,000, according to research by Housesimple.

Analysis of the residential property market reveals that 17 major towns and cities currently have more than 200 family houses for sale at £100,000 or less, a figure that is approximately three times the average UK salary*.

Liverpool has 628 houses for sale, with three bedrooms or more, listed at £100,000 or under. All these properties are within a five-mile radius of the city centre. There are 449 family homes in and around Rotherham for sale for £100,000 or less.

The top 10 best value towns and cities for families are located in three regions; the north-west, north-east and Yorkshire.

Not surprisingly, there isn’t a single town or city in the south of England that features in the Top 40 best value locations for families. Exeter offers the best value in the south, but there are still just 23 homes on the market at £100,000 or below, within five miles of the city centre.

There are 18 towns and cities that currently have no family houses for sale for £100,000 or less, within a five-mile radius of the centre; of these, 17 are in the south (including London, Bath, Brighton, Bristol and Cambridge) and the other is Aberdeen in Scotland.

The following table shows UK towns and cities offering the best value housing for families, based on the number of properties currently for sale at £100,000 or less:

Town/City

Region

Number of family houses for sale at £100,000 or less

Liverpool

North West

628

Rotherham

South Yorkshire

449

Newcastle upon Tyne

North East

393

Gateshead

North East

379

Hartlepool

North East

379

Birkenhead

North West

359

Doncaster

South Yorkshire

337

Middlesbrough

North East

308

Leeds

West Yorkshire

298

Bradford

West Yorkshire

289

St Helen’s

Merseyside

287

Barnsley

South Yorkshire

262

Durham

North East

262

Blackpool

North West

247

Wigan

North West

240

Sheffield

South Yorkshire

222

Bolton

North West

212

Hull

East Yorkshire

190

Chesterfield

Derbyshire

159

Nottingham

East Midlands

122

Sam Mitchell, CEO ofHousesimple, comments: “Even with the challenges and uncertainty surrounding Brexit, we are seeing healthy levels of interest from buyers in northern regions, keen to take advantage of attractively priced properties, affordable mortgage rates and stable local economies.

“Buying the family home is the biggest purchase most of us will ever make. The struggles families have faced buying a house in the south have been well documented. Compared to the south, there is substantial value to be found in property markets in regions such as the north west and Yorkshire.

“Although £100,000 is at the lower end of the market, there are also plenty of substantial family houses at prices around £300,000 to £400,000, that would probably be £1m plus in and around London, and unaffordable to the majority of families there.”

How much is your house worth?

Get a FREE no obligation valuation visit from our Local Property Expert

Book a free valuation visit

Sign up to our newsletter

Want to hear about breaking news, industry updates and useful tips? Enter your email below

Share