- Average asking prices in some parts of Britain have surged by nearly a fifth over the past year, according to new analysis by Rightmove.
- Bridlington in Yorkshire and St Helens in Merseyside recorded the highest annual increases, with asking prices for first-time buyer properties jumping by 18 per cent.
- The research, which excluded London, defined first-time buyer homes as properties with a maximum of two bedrooms, encompassing both houses and flats.
- The average asking price for a typical first-time buyer home across the study is £228,048, with St Albans in Hertfordshire being the most expensive at £401,352 and Middlesbrough the least expensive at £90,929.
- Affordability continues to be a key factor, with stronger price growth observed in lower-cost locations where homes remain within reach for more people, while more expensive markets see flatter growth.
IN FULL
