County Durham town named Britain’s most affordable for families to buy a home

County Durham town named Britain’s most affordable for families to buy a home

Shildon in County Durham has been named as the most affordable town in Britain for families looking to buy a home, according to Zoopla data.

Railway town named Britain’s most affordable for families to buy a home

Zoopla said the ‘scale of the affordability gap’ across different locations stands out. Shildon in the North East has been named as the most affordable town in Britain for families looking to buy a home. Zoopla, which carried out the research, compared average prices for three-bedroom homes with estimated earnings for couples working full-time. Average homes in Shildon, known for its connections to the railways, have an average house price-to-ea…

UK's most affordable town for family home where mortgage payments cost £325

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The town named Britain’s most affordable for families to buy a home

Shildon, County Durham, topped the list with an average house price-to-earnings ratio of 1.36

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Families can get on the housing ladder for as little as £325 a month, with towns in the North East amongst the UK’s most affordable locations, according to new analysis from Zoopla, one of the UK’s leading property websites. Shildon in the North East is the most affordable town in the UK for families looking to buy a home, This new analysis comes at an important time for the housing market as we enter the busy Easter home buying season. While un…