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Britain’s most affordable towns for home buyers revealed in research

The Independent·Vicky Shaw·5 days ago
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High house prices are often a barrier to people getting on the property ladder or moving home, but Zoopla says it has identified more than 30 towns across Britain where homes can potentially be snapped up for less than two years’ worth of household earnings.

The analysis of 929 towns across Britain found that a typical home is valued at £299,100, equivalent to 4.3 times annual household earnings.

The property website identified Shildon in County Durham as the most affordable town, with homes there costing 1.15 times two full-time annual wages on average.

Scotland accounted for 23 of the 36 towns Zoopla identified where homes typically cost less than twice the annual wages of two full-time workers.

The north east of England made up eight locations, with the North West accounting for four.

Dover was the most affordable location in the South East in Zoopla’s analysis (Gareth Fuller/PA Archive) (PA Archive)

Dover was identified as the South East’s most affordable town, although a home there would typically…

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