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Liverpool Echo
Liverpool Echo
National
Alan Weston

Two bargain postcodes where buyers are flocking to get on the property ladder

With the average price of a UK home now sitting at £265,668, many first time buyers are struggling to get on to the property ladder.

But the good news is that there are still more affordable places - and two of them are in our region.

Bootle and Ellesmere Port both undercut the national average, with properties available to buy for £250,000 or less – with good value rents, too.

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The average price in the UK, according to the Land Registry as of June 2021, is £265,668.

Property specialists Leaders Romans Group (LRG) put together a list of affordable places across the north of England, which showed that it may be possible to move somewhere a little different - and a little cheaper – especially if you are struggling to afford a home of your own where you currently live.

Bootle is recommended by LRG as a particularly good place to live if you are on a budget but want more space. With redevelopment, there are also plenty of modern properties to buy or rent too.

The average price of a three-bed semi is £170,000, while the average rent is £795pcm.

For those with families, there is access to good schools, and there are plenty of places to visit to get away from it all such as nearby Crosby Beach, while Liverpool city centre is also only a short train journey away.

Meanwhile in Ellesmere Port, the average price of a three-bed semi is £185,000, while the average rent is £750pcm.

The attractions of this area include schools rated "good" to "outstanding", and large retail and leisure parks including Cheshire Oaks designer outlet village, which is also home to the world's second largest Marks & Spencer store.

Property wise, there are plenty of new homes under construction from all the major developers, but not just for younger buyers. There are new builds specifically for those over 55.

Meanwhile, the historic city of Chester is just seven miles away.

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