But there are still parts of the country where you can get good value for your money when buying a home.
A property expert has shared his advice on the ‘hidden gems’ around the UK where you will get the most for your money in 2026.
George Edwards, the managing director of Timberwise, says there is still plenty of value to be found, especially for housebuyers prepared to look outside of London and the South.
“The North of England is still far more affordable than London and the South, so it’s ideal for people who want to get onto the property ladder or want a bigger home without the hefty price tag,” he said.
“With the significant investment being put into the major cities comprising the Northern Powerhouse as well as high-speed rail and improved roads, the focus on rebalancing the economy away from London means that prices are set to rise.
“And with so much of the country’s great heritage, from the heartlands of the industrial revolution to rolling countryside which inspired some of the world’s best writers, there are hidden gems which make these areas ideal places to set down roots.
“Over the decades, Timberwise has worked on projects from the Liverpool docklands to historic Manchester and Leeds mills and iconic Sheffield landmarks, so the North of England holds a firm place in my heart.
Below are the five spots where you can get the most for your money in 2026, according to George.
1. Shildon, County Durham
Shildon, known for its railway heritage, offers exceptional value for money for people looking for a good first rung on the property ladder, with median house prices around £75,000. The town is not only rich in history, with museums and Grade II-listed buildings, but has just received £24 million in funding for improvements, including a new town square. It’s only 10 miles from Durham, with its cathedral and university, and has good transport links. | Google Photo: Google
2. Wigan, Greater Manchester
Wigan in Greater Manchester is one of the cheapest boroughs in an area which is experiencing a real economic boom. Manchester’s economy is growing at double the rate of the UK average and is a major investment hub, particularly in the tech sector. With high employment growth predicted throughout 2026, driven by regeneration, buyers in Wigan can snap up a property, with some areas offering average house prices well under the £150k-£160k bracket. Despite its proximity to the city, Wigan still has a strong community feel and enjoys good links to Manchester by rail and road. | National World
3. Burnley, Lancashire
Burnley is one of the UK’s cheapest places to buy, with average house prices around £117,000. Its abundance of terraced houses are often well under what you’d pay near Manchester, making it affordable for family homes as well as first-time buyers. But one of the big pluses is its proximity to the countryside, nestled in the South Pennines and the rolling moorlands and famous Pennine Way. You’re right next to villages, with picture postcard village greens and pubs, as well as bustling market towns. | Getty Images Photo: Christopher Furlong
4. Cumnock, East Ayrshire
If you’re looking for something north of Hadrian’s Wall, Cumnock in East Ayrshire is one of the most affordable towns in Scotland, with very low house prices relative to local salaries. It’s a quiet, traditional Scottish town, ideal for first-time buyers, which is known for its traditional market town feel, independent shops and connection to famous Scots such as William Wallace and Robert the Bruce. Its historical significance and peaceful, rural setting are matched by its newly developed town centre, dotted with historic pubs and green parks. Just outside lies one of Scotland’s grandest estates – Dumfries House – renowned for its Chippendale furniture and stunning architecture. | Google Photo: Google