The top 5 cheapest places to live in the West Midlands
The West Midlands typically covers well-known areas, including Birmingham, Coventry and Wolverhampton.
Over the last year, sold prices in the West Midlands were up 7% compared to the previous year with an overall average price of £288,105.
As with any region of the UK, you can buy a home for significantly less if you know where to look.
Where are the cheapest areas to buy in the West Midlands?
Rightmove has revealed the most affordable areas to buy in the West Midlands, based on average asking prices in May 2023.
Staffordshire is the cheapest area to buy in the West Midlands with four out of five of the areas dominating the below list (with the exception of Leamore).
In some cases, the below asking prices are more than 50% cheaper than the West Midlands average of £288,105.
| Area | Average asking price |
|---|---|
| Hanley | £112,229 |
| Burslem | £117,630 |
| Stoke-on-Trent | £163,560 |
| Leamore | £165,363 |
| Chesterton | £165,575 |
Hanley and Burslem
Hanley has narrowly beaten Burslem as the most affordable area with an average asking price of £112,229.
Burslem is not far behind with an average asking price of £117,630.
In 2019, it was revealed that Stoke-on-Trent had the 12th highest proportion of deprived neighbourhoods out of 317 council districts in England.
As Hanley and Burslem are one of the six towns that make up Stoke-on-Trent, this is likely to be why house prices are so cheap.
Stoke-on-Trent
Stoke-on-Trent, a city in Staffordshire, is the third most affordable area with average asking prices of £163,560.
There are many attractions in Stoke-on-Trent, including the Trentham Estate and gardens, shopping village and woodlands, plus you can travel to Manchester in around 40 minutes by train.
Leamore
Leamore is a suburb of Walsall with an average asking price of £165,363.
In the latest Happy at Home study by Rightmove, Walsall was one of the unhappiest places to live in the West Midlands and only beaten by Dudley.
Leamington Spa topped the list of happiest places to live in the West Midlands and was ranked 14th nationally.
Chesterton
Chesterton, a former mining village in Staffordshire is among the cheapest places to buy in the West Midlands with an average asking price of £165,575.
The village could benefit from proposals to build new houses across Newcastle in the future.
If you’re considering buying a home, it’s a great idea to do your research so you can find the best place for you.
Talking to a mortgage broker about your circumstances can help them find the right mortgage for you.
See also:
The most expensive places to live in the West Midlands
The cheapest places to live in the East Midlands
The cheapest places to live in Yorkshire
The cheapest places to live in London
The cheapest places to live in the South East
The cheapest places to live in the South West
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