The 10 most affordable cities for first time buyers

New report suggests Brighton, Oxford and Chelmsford are the most unaffordable spots in Britain for those wanting to get on the property ladder

Brighton is the least affordable town in the UK for first time buyers, according to Adzuna.co.uk which puts Belfast and Hull high on the most affordable list.

Its research indicates that almost 80 per cent of homes in Belfast are within reach for first-time buyers on average local incomes. Oxford, Chelmsford, Cambridge and London all rank among the most unaffordable places to get a foot on the property ladder.

Figures from LSL Property Services last week suggest that the average price for a house is now £262, 291, up 7.2 per cent over the last 12 months.

The study shows that first-time buyers should head to northern locations like Sunderland, Salford and Hull where average property prices at £136,095 are only 2.5 times average earnings for the area.

Bargain hunters should also set their sights on Midlands cities like Stoke-on-Trent, Nottingham and Derby. In the South of England, Portsmouth, Plymouth and Southampton are among the most affordable cities.

However, Brighton, Oxford and Chelmsford are the most unaffordable towns and cities in the UK for first-time buyers. A typical home in Brighton now sells for over seven times the average Brightonian couple’s earnings, at over £400,000. Properties in London have become increasingly unaffordable for locals with  91 per cent of homes in the capital completely out of reach.

 

Top 10 most affordable cities for first time buyers

1. Belfast

2. Hull

3. Sunderland

4. Glasgow

5. Salford

6. Stoke-on-Trent

7. Derby

8. Manchester

9. Bradford

10. Nottingham

 

Top 10 least affordable cities for first time buyers

1. Brighton

2. Oxford

3. Chelmsford

4. Cambridge

5. London

6. Exeter

7. Guildford

8. Winchester

9. Reading

10. Chichester

 

Top 10 most affordable cities for all homebuyers

1. Belfast

2. Hull

3. Salford

4. Sunderland

5. Bradford

6. Glasgow

7. Middlesbrough

8. Manchester

9. Durham

10. Birmingham

Discover more property articles at Homes and Property
News
peopleHowards' Way actress, and former mistress of Jeffrey Archer, was 60
Sport
Romelu Lukaku puts pen to paper
sport
News
Robyn Lawley
people
Arts and Entertainment
Unhappy days: Resistance spy turned Nobel prize winner Samuel Beckett
books
PROMOTED VIDEO
Sport
Usain Bolt confirms he will run in both the heats and the finals of the men's relay at the Commonwealth Games
commonwealth games
Life and Style
Slim pickings: Spanx premium denim collection
fashionBillionaire founder of Spanx launches range of jeans that offers 'thigh-trimming construction'
News
Sabina Altynbekova has said she wants to be famous for playing volleyball, not her looks
people
News
i100
Life and Style
tech'World's first man-made leaves' could use photosynthesis to help astronauts breathe
Property search
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

SAP Project Manager

competitive: Progressive Recruitment: SAP PROJECT MANAGER - 3 MONTHS - BERKSHI...

SAP Project Manager

competitive: Progressive Recruitment: SAP PROJECT MANAGER - 3 MONTHS - BERKSHI...

Senior Investment Accounting Change Manager

£600 - £700 per day + competitive: Orgtel: Senior Investment Accounting Change...

Microsoft Dynamics AX Functional Consultant

£65000 - £75000 per annum + benefits: Progressive Recruitment: A rare opportun...

Day In a Page

Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices
Could our smartphones soon be diagnosing diseases via Health Kit and Google Fit?

Could smartphones soon be diagnosing diseases?

Health Kit and Google Fit have been described as "the beginning of a health revolution"
Ryanair has turned on the 'charm offensive' but can we learn to love the cut-price carrier again?

Can we learn to love Ryanair again?

Four recent travellers give their verdicts on the carrier's improved customer service
Billionaire founder of Spanx launches range of jeans that offers

Spanx launches range of jeans

The jeans come in two styles, multiple cuts and three washes and will go on sale in the UK in October
10 best over-ear headphones

Aural pleasure: 10 best over-ear headphones

Listen to your favourite tracks with this selection, offering everything from lambskin earmuffs to stainless steel
Commonwealth Games 2014: David Millar ready to serve up gold for his beloved Scotland in the end

Commonwealth Games

David Millar ready to serve up gold for his beloved Scotland in the end
UCI Mountain Bike World Cup 2014: Downhill all the way to the top for the Atherton siblings

UCI Mountain Bike World Cup

Downhill all the way to the top for the Atherton siblings
Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star