What Is The Cheapest House Price

The average price for a four-bedroom two bathroom home in Cleveland is 64993.

What is the cheapest house price. The governments definition when it comes to renting is that affordable homes should cost no more than 80 of the average local market rent. Bradford West Yorkshire 58673. Cost to build.

And youd be right. A one-story ranch homeessentially a boxbuilt on a slab foundation with a simple roof is one of the cheapest homes to build. Home Price Price Change since Peak Price Change Since Market Bottom.

Claiming top spot for affordability with an average house price of 54978 is the TS1 postcode in Middlesbrough. By not adding a basement and building on a slab it will considerably reduce the total build cost of the home said Bill Samuel owner of Blue Ladder Development a home. The London borough of Barking and Dagenham offers the best value in the capital with homes costing.

Mortgage payments there take up 161 of the states. This is a popular tourist destination all year-round and doesnt have freezing Winter months like other European countries within this list such as Romania with lows of -6 degrees in December. Statistics from house owners have revealed that building a beautiful 3-bedroom house takes in between 150826 and 434187.

Among the fastest-selling house plans are three-bedroomed houses. 51 rows Mississippi is the cheapest state to buy a home in with a median home value of 114500. Therefore it is important to know the cost of building these houses.

Cinderford in the Forest of Dean was the most affordable location in the south west with house prices averaging 190707 or 316 times local incomes with Dover the most affordable place to buy a property in the south east and Purfleet in Thurrock heading the table in the east of England. The TS3 postcode is another one featured in the top 10 most affordable areas of the UK with an average home price of 80958. And the most affordable area on Coldwell Bankers list is Cleveland.