Tuesday 14 July 2015

Neath named one of top 10 cheapest places to buy property in the UK

Neath has been named one of the top ten cheapest places to buy property in the UK, following research by Halifax.

In an analysis of price by square metre in 331 British towns, the bank found that Neath was the eighth cheapest place to buy property, at £1,022 per sqm.

 Aberdare topped the list at just £910 per square metre, joined by Merthyr in third place at £967. Scottish town Wishaw came in second place at £926. The rest of the list is made up with three other Scottish towns - Airdrie, Greenock and Coatbridge - along with Accrington and Blackpool in Lancashire and Scunthorpe, Yorkshire.

Halifax's director Craig McKinlay said: "House price per square metre is a useful measure for house price comparison because it helps to adjust for differences in the size and type of properties between locations."

Across Wales, property prices per square metre were found to average £1,2777, while England came in at £2,033, and Scotland £1,490.

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