Look north for cheap streets

The stark divide in property prices between North and South wasoutlined this week as research showed none of the most affordable streets in England and Wales were in southern regions.

Housing information website Mouseprice said the North East and North West heavily dominated the rankings of most affordable roads, with three quarters of the top 20 cheapest streets falling in one of the two regions.

The research showed Fernhill, in Mountain Ash, Wales was the most affordable road for the second year running.

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The road, near Cardiff, remained the lowest-priced street amid recent low sales and has an average home value of 28,600, up from 24,640 last year.

Yorkshire and Humber and the West Midlands also feature in the top 20.

"Evidently, the North-South divide still exists, as none of the southern regions make an appearance in the report," the group said.

Second place in the list went to Oxford Street, in Brierfield in the North West, with an average value of 32,800.

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The road has residential property, a mosque and is within walking distance of the local train station.

Ann Street in east Middlesbrough, which is in the South Bank area south of the River Tees, was the third most affordable street, with an average value of 32,900.