The Cheapest Streets In Britain.

Anyone wanting to buy a cheap house in Britain only has to look as far as Burnley. It has some of the cheapest streets in the UK, twelve in fact of out of the top twenty cheapest in Britain. The Lancashire town has properties for sale at just £32,400, these can be found in Angle Street although locals who live there say that it is a great place to live and they would not want to live anywhere else.



Angle Street is near shops, is quiet and benefits from lots of open spaces. Some people who have just bought their property on the street paid £35,000 and say that they loved the house and the area and that is why they settled here. However one house on the street sold for just £26,500 in 2010. A survey of property prices showed that ten of Burnley’s cheapest street are just north of the town centre and they can all be found within a half mile strip of each other.



Outside of Burnley the next cheapest street was found in Fernhill in Mountain Ash. It averaged a house price of £32,700. The rest of the top five is occupied by other streets in Burnley, namely Elmwood Street, Spencer Street and Colville Street. All of these have house prices averaging less than £40,000. It seems that the streets in the North West tend to dominate the list as 13 out of the top 20 are from this region. Five streets are found in the North East and two are in Wales. Interestingly none of the top twenty streets are in the southern regions of the country, again showing the north and south divide that dominates house prices in this country.



For London the average cost of a house on the ten cheapest streets is £106,110. Arthur Street in Bexley is the cheapest with house prices averaging here at £99,900, last year house prices averaged at £104,900 here but the prices are still three times more than a property in Burnley.



In the South West it seems that the cheapest place to buy a property is in Cheriton Close in Plymouth where property prices average at £65,300, again double the prices in Burnley. In the East of the country a property on Austin Avenue in Clacton-on-Sea will see people paying £65,300 to live there. Surprisingly there are cheap properties in the South East, out of the top ten most affordable homes in this area one house will only set you back £49,050. A property in Plaintain Court in Walnut Tree near Milton Keynes has an average house price of just £45,200. In the West Midlands St Cecilia Close in Hoobrook outside of Kidderminster has an average property price of £43,800.



In both England and Wales it seems that average property prices in some streets are lower than once thought. All regions have property prices which are surprisingly low, even the South East which is often viewed as a property hotspot and only for the well off.
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