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County Durham town named Britain’s most affordable for families to buy a home
Zoopla’s analysis shows Shildon topped affordability with a 1.36 house price-to-earnings ratio for three-bedroom homes among 300 family-friendly towns.
- Zoopla named Shildon, County Durham, Britain’s most affordable town for families with a three‑bed average price of £82,500 and a house price‑to‑earnings ratio of 1.36.
- Zoopla’s methodology used estimated dual full-time earnings across 300 towns popular with family buyers, showing northern England, Scotland and Wales dominated affordability rankings.
- Among the top ten, Peterlee, County Durham , Ferryhill, County Durham , and Cumnock, Scotland recorded lower three‑bed averages.
- Richard Donnell, executive director at Zoopla, said the housing market is entering one of its busiest periods, with buyers trading lower prices for distance from major employment centres.
- Mortgage rates have jumped in recent weeks, while approximately 70 per cent of local authorities saw affordability improve over the past year, according to Nationwide.
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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…
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Total News Sources13
Leaning Left6Leaning Right1Center3Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 30%
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