Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleRenters’ Rights Act: The five big changes coming into force in May | BulletinAverage asking prices in some parts of Britain have surged by nearly a fifth over the past year, according to new analysis by Rightmove. Bridlington in Yorkshire and St Helens in Merseyside recorded the highest annual increases, with asking prices for first-time buyer properties jumping by 18 per cent. The research, which excluded London, defined first-time buyer homes as properties with a maximum of two bedrooms, encompassing both houses and flats. The average asking price for a typical first-time buyer home across the study is £228,048, with St Albans in Hertfordshire being the most expensive at £401,352 and Middlesbrough the least expensive at £90,929. Affordability continues to be a key factor, with stronger price growth observed in lower-cost locations where homes remain within reach for more people, while more expensive markets see flatter growth. In fullFirst time buyers can buy four homes in this northern town for the price of one in St Albans, new study showsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
The most and least expensive areas to find a typical first-time buyer home
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleRenters’ Rights Act: The five big changes coming into force in May | BulletinAverage asking prices in some parts of Britain have surged by nearly a fifth over the past year, according to new analysis by Rightmove. Bridlington in Yorkshire and St Helens in Merseyside recorded the highest annual increases, with asking prices for first-time buyer properties jumping by 18 per cent. The research, which excluded London, defined first-time buyer homes as properties with a maximum of two bedrooms, encompassing both houses and flats. The average asking price for a typical first-time buyer home across the study is £228,048, with St Albans in Hertfordshire being the most expensive at £401,352 and Middlesbrough the least expensive at £90,929. Affordability continues to be a key factor, with stronger price growth observed in lower-cost locations where homes remain within reach for more people, while more expensive markets see flatter growth. In fullFirst time buyers can buy four homes in this northern town for the price of one in St Albans, new study showsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
