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East Ayrshire tops chart as cheapest area to buy a home in the UK

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dailyrecord.co.uk

East Ayrshire is the cheapest place to buy a home in Scotland, according to a new interactive chart.Fresh data has lifted the lid on how average house prices compare with the average salary in each local authority across Scotland.

The latest figures from the Land Registry cover property prices in the 12 months leading up to October 2023, which combined with wages has shown the most and least affordable postcodes in the UK.

And East Ayrshire sits proudly atop the rest - beating the likes of Burnley, Aberdeen and North Lanarkshire. According to the Land Registry, the average house in East Ayrshire costs £128,148 in the 12 months leading up to last October.Meanwhile the average full-time salary there, meanwhile is £35,726 per year before tax, meaning the average home in East Ayrshire costs 3.6 times the average salary.

It means that East Ayrshire is the lowest price-to-income ratio of not just any Scottish council area, but also throughout Great Britain.North Ayrshire also features in the top 10 , sitting four places behind its neighbouring council in fourth.

Read more on dailyrecord.co.uk
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