Cost of living crisis: Slash your housing costs by buying in these 12 areas of Liverpool

For those hoping to get on the property ladder these are the dozen cheapest places to buy a home in the city.

Tuesday, 1st March 2022, 2:52 pm

Buying a home in England is an increasingly expensive business.

A property purchase will now set you back an average of £288,000, which is nine times the average annual salary, data from the Office for National Statistics (ONS) shows.

But with energy bills soaring amid a cost of living crisis, many people will be thinking of ways to cut the amount they spend on housing.

Looking for something more affordable? There are 217 neighbourhoods in England where the average home costs less than £100,000.

Horden in County Durham is the cheapest place to buy, with the average property selling for just £42,500.

And if you are looking to stay local, here are the best places to consider.

For those hoping to either get on the property ladder or downsize in Liverpool these are the 12 cheapest places to buy a home.

The figures, sourced from the ONS using Land Registry data, shows the median price paid in each neighbourhood in the 12 months to June 2021.

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