"Shildon in County Durham topped the list after Zoopla compared average prices for three-bedroom homes with estimated earnings for couples working full-time, achieving a house price-to-earnings ratio of 1.36."
"In Wales, Ferndale in the Rhondda Valley was named as the most affordable town for families, with homes there costing around 1.85 times earnings."
"In Scotland, Cumnock in East Ayrshire was placed top, with three-bedroom homes costing around 1.68 times dual wages."
"Towns in northern England, Scotland and Wales dominated the top of the affordability rankings, which were based on 300 towns that are popular with people looking to buy family-sized homes."
Shildon in County Durham has been identified as the most affordable town for families looking to buy homes in Britain, with a house price-to-earnings ratio of 1.36. The analysis by Zoopla compared average prices of three-bedroom homes with estimated earnings for full-time working couples. Other affordable towns include Ferndale in Wales and Cumnock in Scotland, with ratios of 1.85 and 1.68 respectively. The rankings highlight a trend of affordability in northern England, Scotland, and Wales for family-sized homes.
Read at www.independent.co.uk
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