According to the Office of National Statistics in 2013 Liverpool has some of the cheapest house prices in the country.
Many of these houses are selling at less than £50,000. The areas particularly highlighted to come within that bracket are those around Sandhills, Bank Hall and Kirkdale stations as well as properties in the Anfield Area.
According to the statistics of a leading online estate agent the average sale price across the region last year was £122,044 across all property types.
The mortgage rates continue at a record low and the overhaul of the stamp duty tax in Autumn greatly reduced the cost associated with buying a property where the price sits above £125,000. This can result in a saving of over £1000 for properties up to £150,000.
All of these factors lead to much more affordable housing to allow those of us looking to become home owners to do so at a reasonable price.
Whether it is a first home or an investment purchase there are still bargains available across our region.
With the uncertainty leading up to the forthcoming general election this may be the time to take advantage of the current market place and bag a bargain.
If you need help with the “Conveyancing bit” of your purchase or sale of your property, get in touch today by emailing enquiries1@jacksonlees.co.uk