IF you’re looking for a house on the cheap, your best bet is heading north.
The latest figures from Zoopla show the average house price in the UK is £267,200, up 1.5% from a year ago.
And there are no signs of house prices slowing anytime soon, with experts predicting they will continue to rise throughout 2025.
Richard Donnell, executive director of research at Zoopla, said: “We expect house prices to rise by 2.5% over 2025 with 5% more sales compared to 2024. “
“The best market conditions will be seen in regional markets where affordability is less of a barrier to moving.”
But there are still a number of properties across the UK where homes are well below the UK average, mostly in the North of England.
Plus read below to find out our tips for saving for a deposit.
The Sun has rounded up the cheapest homes on the market for you to take a look at.
Two-bed terrace in Hartlepool – £35,000
This two-bed terrace house in Hartlepool is on the market for just £35,000.
It has one bathroom and one reception room, plus a kitchen.
It’s just a 12-minute walk to Hartlepool train station, with trains to Durham, and is 0.1 miles away from the local primary school.
[bc_video account_id=”5067014667001″ application_id=”” aspect_ratio=”16:9″ autoplay=”” caption=”Mortgage Rates Evergreen” embed=”in-page” experience_id=”” height=”100%” language_detection=”” max_height=”360px” max_width=”640px” min_width=”0px” mute=”” padding_top=”56%” picture_in_picture=”” player_id=”default” playlist_id=”” playsinline=”” sizing=”responsive” video_id=”6351598368112″ video_ids=”” width=”640px”]It would need a fresh lick of paint and a few refurbishments before a family or tenant could move in.
However, prospective buyers might be able to get a mortgage with a 10% deposit of just £3,500, making it a very cheap buy.
If you got accepted for a 25-year loan with 5% interest, you would be required to pay back around £184 per month.
Two-bed terrace in Hartlepool – £35,000
This bargain home is also in Hartlepool and is on the market for £35,000.
It has two bedrooms, a kitchen, a bathroom and two additional reception rooms.
It is just a seven-minute drive to Horden train station, which has links to Sunderland and Newcastle-Upon-Tyne.
It is also a mile from a range of primary and secondary schools.
Again, prospective buyers might be able to get a mortgage on this house with a 10% deposit of just £3,500.
If you got accepted for a 25-year loan with 5% interest, you would be required to pay back around £184 per month.
Two-bed flat in Newcastle – £30,000
This two-bed flat is spacious and comes with two bedrooms.
It is located around 13 miles from Newcastle City Centre and would take around 30 minutes if you travelled by car.
It is located just 0.04 miles from the local primary school and is also within walking distance from shops and other amenities.
Buyers might be able to get a mortgage on this house with a 10% deposit of just £3,000.
If you got accepted for a 25-year loan with 5% interest, you would be required to pay back around £157 per month.
Three-bed terrace in Durham – £70,000
This house is the most expensive but still remains £197,200 below the UK average asking price.
It comes with three bedrooms, one bath, a kitchen and two reception rooms.
It is just a 20-minute bus ride to Durham City Centre, which has strong links to Newcastle and other neighbouring cities.
Buyers might be able to get a mortgage on this house with a 10% deposit of just £7,000.
If you got accepted for a 25-year loan with 5% interest, you would be required to pay back around £368 per month.