Hull & Bradford are in the UK’s top 10 places to buy a house in 2021!

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HULL & BRADFORD ARE IN THE UK’S TOP 10 PLACES TO BUY A HOUSE IN 2021!

In 2021, according to research from Open Property Group, Hull and Bradford were the 7th and 8th most affordable cities respectively to buy a house. The research was calculated using average salary and house price data for cities.

For a single person with an average salary for that city and a mortgage of 3.5 times salary, Hull house prices would still need to experience a 17% drop to become ‘affordable’. This was closely followed by Bradford, where this city would need to have an average house price decrease of 18% to become affordable.

The North-South divide continues to be evident, as the 2nd and 3rd most overpriced cities in the UK were Chichester and Oxford where house prices would need to see a 68% decrease to be affordable to buy.

Open Property Group Managing Director, Jason Harris-Cohen said:  “In my opinion, Brexit is no longer going to affect the property market. At present, there are less properties available as a proportion of people are isolating and waiting until lockdown ends.”

You can read and see the full infographic by clicking here.

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