New research has revealed that Leicester is one of the most affordable areas in the UK to buy a property.
The research by GoCompare revealed those buying a property in Leicester would need to earn £38,104 to buy a house at an average cost of £211,581 in the city.
This is lower than the UK as a whole, where the average cost of a house is £236,867, which would need a salary of £42,657 – a huge increase from the national average salary of £29k.
London, Cambridge, Oxford, Brighton and Edinburgh were the most expensive places to buy in the UK.
Comparing the different property types of detached, semi-detached, terraced houses and a flat in Leicester, as expected, a detached house was the most expensive costing the average person £333,041 needing a salary of almost £60k.
The most affordable place to live in the UK is in Burnley, where the average cost of a property is £100,128 needing a salary of just over £18k to make ends meet. In the city, a detached house would cost 162k, while a flat is even more affordable at £58,895.
Northern cities are the most affordable locations for prospective homeowners, as you can buy a detached house in Stoke-on-Trent, Blackpool and Barnsley for less than £200k.
The cheapest home to buy in the entire UK is a flat in Burnley which costs an average of £58,895, which requires a salary of just £10k to maintain comfortably.