Merseyside property: 11 cheapest areas to buy a home in Liverpool as house prices rise again
These neighbourhoods have the most affordable homes in the city - including Everton and Tuebrook.
According to Land Registry figures, House prices in the city increased by 1.9% in June, with an average cost of £177,628 – a 1.9% increase on May. The rise contributes to the longer-term trend, which has seen property prices in the area grow by 1.9% over the last year.
Throughout June, the picture was different to that across the North West, where prices increased 1.2%, and Liverpool was above the 0.7% rise for the UK as a whole.
Over the last year, the average sale price of property in Liverpool rose by £3,300 – putting the area 30th among the North West’s 35 local authorities with price data for annual growth.
But, which parts of Liverpool are the most affordable for those looking to buy a house?
Every three months, the Office for National Statistics releases highly localised figures showing how sale prices vary across England’s suburbs, towns and villages.
The latest set of figures pinpoint the parts of Liverpool which had the cheapest homes, on average, in 2022. The figures are the median price, and encompass all home types and sizes.