Britain - value for money towns

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by Kay Murchie

The Halifax has recently identified towns in Britain that offer good value for money for those considering moving home and first-time buyers. They have studied property prices in 549 post towns and ranked them according to the Halifax Quality of Life Index.

The index identifies the best places to live in Great Britain by ranking local performance across a range of key indicators.
With an average price of £150,000, flats in Chesham,

Buckinghamshire offer the best value, the town was ranked 6th best place to live according to the 2006 Halifax Quality of Life Survey.

Sleaford in Lincolnshire offers the best value semi-detached houses with the price below £150,000, the town is ranked 129th best place to live according to the survey.

Stowmarket in Suffolk offers the best value for terraced houses, the average price is £133,221.

According to the survey, 67% of towns examined have an average price for a flat below £150,000. All the towns in the North of England and East Midlands have an average price for a flat below £150,000.

Belshill in Scotland is the most affordable town in Great Britain for a flat, the average price being just under £65,000. Lochgelly in Scotland is the most affordable town in Great Britain for a terraced property with an average price of just over £70,000.

9 out of 10 in the West Midlands and Wales have an average price of a terraced property below £150,000.

Peterlee in the North is the most affordable town in the UK, the average price for a semi-detached property is £103,093.