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South Elmsall tops league of cheapest homes to buy
A STREET in West Yorkshire is the cheapest place to buy a house in England and Wales with the average property costing less than £30,000, research showed today.
Oxford Street in South Elmsall, a former coal mining town near Pontefract, is the most affordable street in England and Wales with homes changing hands for an average of just 25,600, according to property website Mouseprice.com.
The group bases its findings on Land Registry house prices, though says homes in some streets may not have been sold in free market conditions and could have been purchased under right to buy or compulsory purchase schemes in areas where demolition and regeneration is underway.
Homes in Oxford Street are four times less expensive than the cheapest street in London. Leamington Close in Havering, in East London, has the most affordable homes in the capital at an average of 97,800.
Four streets in Yorkshire and the Humber are among the 20 cheapest streets in England and Wales.
The second most affordable street in Yorkshire is St Mary's Heights, in Halifax, where homes are selling for an average 28,300. Dodge Holme Court, also in Halifax, sees houseprices in the region of 30,300, while Beech Close in Hull has the fourth cheapest street in the region, with houses at an average 32,400.
Tower Green in the St Hilda's area of Middlesbrough, which is being demolished, came in second place overall, with the average home worth only 27,400.
Full story in Saturday's Yorkshire Post.
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Weather for Yorkshire
Saturday 26 May 2012
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