The UK towns and cities with the cheapest new-build homes from an incredibly low £122k

An overview of a new housing development (Image: Getty ) A recent study has highlighted the UK towns and cities where newly built homes are most affordable, with prices starting as low as £122,750. Erewash, Derbyshire, tops the list, offering the lowest median price for new builds among all local authorities in England and Wales . The borough has the lowest median price for newly built homes at £122,750.

Largely rural, Erewash includes towns like Ilkeston and Long Eaton, as well as smaller villages . Stoke-on-Trent, Staffordshire, ranks second with a median new housing price of £126,858. Known for its federation of six towns —Stoke-upon-Trent, Hanley, Burslem, Tunstall, Longton, and Fenton—this area is the largest settlement in Staffordshire.

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