The beautiful UK seaside resort named most affordable place to live with homes at £165k
In terms of affordability, the beautiful area outshines several other regions in the UK.
A beautiful area in the UK that boasts of rich agricultural heritage, picturesque landscapes, and significant historical sites has been named the most affordable place to live in the country. The average price of homes in Angus in Scotland is up to £165,000, it has been revealed.
A new study by Hopkinshomes.co.uk, a real estate and zero-energy bill expert found that Angus in Scotland is the most affordable area in the UK, with an average house price of £164,076 and a house price-to-earnings ratio of 2.31.
In terms of affordability, Angus outshines several other regions in the UK.
On the contrary, Kensington and Chelsea in London is ranked as the least affordable area in Britain, with an average house price of £1197249 and a house price-to-earnings ratio of 16.61.
This stark contrast highlights the significant disparity in housing affordability within the UK.
The experts evaluated affordability across 325 areas in England, Scotland, and Wales using data on average house prices, percentage changes since 2020, house price-to-couples earnings ratios, and average council tax.
Combining these factors, they calculated an affordability score for each area, adjusting for various economic conditions. This comprehensive analysis provides a clear picture of the housing market in the UK.
Situated on the east coast of Scotland, Aberdeenshire borders Angus to the north and west, Perth and Kinross to the west, and the City of Dundee to the south. It also has a coastline along the North Sea.
There are seven towns in Angus each with its own unique character and attractions – Arbroath, Brechin, Carnoustie, Forfar, Kirriemuir, Monifieth and Montrose.
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Arbroath is Famous for Arbroath Abbey, where the Declaration of Arbroath was signed in 1320, asserting Scotland's independence from England. The town is also known for the Arbroath Smokie, a type of smoked haddock.
Angus has a range of primary and secondary schools, as well as further education institutions such as Angus College.
The region has a strong sense of community, with numerous local events, festivals, and cultural activities taking place throughout the year.
In addition to agriculture and tourism, Angus has a diverse economy that includes manufacturing, particularly in the food and drink sector, and various service industries.
20 Most Affordable Areas to Buy a Home in the UK- Full list
20. Blackpool
19. Scottish Borders
18. North East Lincolnshire
17. Shetland Islands
16. Burnley
15. Highlands
14. Fife
13. Clackmannanshire
12. Sunderland
11. South Ayrshire
10. Falkirk
9. Renfrewshire
8. South Lanarkshire
7. East Ayrshire
6. Inverclyde
5. North Lanarkshire
4. North Ayrshire
3. Aberdeenshire
2. West Dunbartonshire
1. Angus