First-time buyers' heaven:

The street in Wales where a house costs
just £28,600






First-time buyers might want to consider moving to Wales after it was
revealed that a street in Wales is Britain's most affordable road -
with the average home costing just £28,600.Fernhill in the Mid
Glamorgan village of Mountain Ash has take the title of cheapest street
for the second year in a row.But property price inflation has had
an effect even here - the average price of a home on Fernhill 12 months
ago was just £24,640.
Nicola Benney has lived in Fernhill
Estate for 23 years and said the majority of houses remained
council-owned.








Not that bad for
£28,000: Sitting at the southern tip of the Brecon Beacons, residents of
Fernhill enjoy spectacular mountain views. It is also located next to a
golf course

'It’s got pockets of areas but it’s the same wherever you go,' she
said.
'You might be in the poshest place on Earth but you’ll
still find troublemakers.
'The estate has had quite a poor
name in the past but I’ve never been worried about living here.'
The
stark divide in property prices between North and South was outlined
today 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.
Yorkshire
and Humber and the West Midlands also feature in the top 20.






Price inflation: The
average price of a house on Fernhill has risen by more than £4,000 in
just 12 months

'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.
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.
Today's
research follows a similar report by the group last month which looked
at the most expensive streets in England and Wales - all 20 of which
were in London.






The full list of Britain's cheapest streets
according to property price website Mouseprice.com

In last month's report, the group found the average cost of homes on
London's 10 most pricey roads was £5.5 million.
Today it said
the average house price in the top 10 most affordable roads in Greater
London was £101,140, compared to the North East, where the figure was
the lowest of any region at £36,050.
It said that while the
divide between North and South persisted, the South East had risen in
the rankings from seventh cheapest to fifth, with its 10 least expensive
streets averaging £45,320.
Mouseprice said all regions had
seen their average rise since last year as the property market improved.



Bit diffrent to Guernsy prices eh !!!

E' by Gum,tis grim up north

But you'd have to live in 'there's nasty' - I'm holier than thou land........I'd rather pay the extra :-(((((