Not only that but it was highlighted as being the cheapest place to live in the North West. As prices skyrocket in congested cities such as London, those with the luxury of working from home have started moving out to cheaper pastures. The cheapest modern house around just got cheaper.
This 1970s modernist time capsule near Workington, Cumbria is now down to £200k. https://t.co/fAnfYAjnFo pic.
twitter.com/8c8r3ADMOx To find the most affordable areas within Britain’s nations and regions, Zoopla analysed house value-to-earnings ratios, based on a two-earner household on an average salary for the local area. Izabella Lubowiecka, a senior property researcher at Zoopla, said: “London remains the least affordable area for home-buyers," which should probably come as no surprise.
“Those in London looking to get more for their money may want to consider buying in one of the South East and East of England’s commuter belt, where there are many towns that are more affordable than London. “The same is true in markets around many regional cities and we see buyers seeking value for money.” NAEA (National Association of Estate Agents) Propertymark president Toby Leek said: “Affordability for many is a real issue and, as purse strings remain tightened despite easing factors such as slight drops in inflation, prospective and current home-owners will be looking to enter the market with caution, but also, in some cases, further flexibility in where they nest themselves.
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