Bradford is named best place in Britain for first-time buyers

First-time buyers should start searching for homes in Bradford – where the average house sells for just over £113,000.

Moving to the city, which has a population of just under 530,000, could save first time buyers a packet as they try to get their feet on the housing ladder.

A study of house prices using data from both the Land Registry and Zoopla found that homes in Bradford were selling for an average of £113,500.

A study of house prices using data from both the Land Registry and Zoopla compared prices across the UK

First-time buyers should start searching for homes in Bradford (pictured) where the average house sells for just over £113,000 

First-time buyers should start searching for homes in Bradford (pictured) where the average house sells for just over £113,000 

What are Britain’s ten most affordable areas?

1. Bradford – £113,500 

2. Liverpool – £149,000

3. Glasgow – £155,000

4. Manchester – £161,000

5. Sheffield – £170,000

6. Nottingham – £170,500

7. Birmingham – £171,000

8. Newcastle – £179,000

9. Coventry – 180,000

10. Leeds – 184,000

The research, by estate agents Manning Stainton, lists the top 10 areas where first time buyers should be on the lookout for the cheapest deals.

Bradford came top and was more than £30,000 cheaper than the second placed area, which was Liverpool.

Completing the top three was Glasgow, the only Scottish town or city to make the list, while sneaking into the top ten was Leeds.

The least affordable places for first time buyers was topped by London, where the average house price topped £500,000.

It was followed by Cambridge, where the average home costs £398,000, and then Brighton, with an average cost of £350,000.

Cambridge is among the least affordable places for first time buyers with the average home costing £398,000

Cambridge is among the least affordable places for first time buyers with the average home costing £398,000

Mark Manning, the managing director of Manning Stainton, said: ‘This research demonstrates the huge differences in property prices that first-time-buyers across the UK are faced with.

‘Those in the capital arehaving to pay almost five times more for a property than those looking to buy in Bradford.

‘It’s no wonder first time buyer numbers are falling in the capital and more people are choosing to re-locate north to get a foot on the ladder.

‘With interest rates now on the way up, first-time-buyers may be squeezed even more.

‘I predict we’ll see an increase in those re-locating north of the capital in order to be able to buy their first home.’

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