The UK’s cheapest homes selling for £20,000 this summer
FIRST-TIME buyers struggling to put together a deposit will be pleased to know that there are still properties selling for as little as £20,000.
Last month, five properties in locations such as Durham, Lancashire and Sunderland changed hands for the bargain price.
At the other end of the scale, the most expensive property was a terraced house in Kensington and Chelsea in London which sold for an eye-watering £25,950,000, according to HM Land Registry.
It collects records of every property sale in the UK, who's selling, who's buying and what they're paying, meaning it's a reliable index of what houses cost.
The fact that some properties sold for less than the average deposit is good news for those who are worried about the cost soaring above the asking price once bidding has started.
Just keep in mind that a cheap property often means you'll need to do a lot of work on it before you can live in it.
Some homes are sold before they appear online, so it could also be worth popping by your local estate agent to enquire about its properties.
House prices across England are on the rise but London has seen the biggest annual slide since the recession, new figures showed a few weeks ago.
Meanwhile, these are ten property hot spots where prices are increasing by up to £185 a day.
Here's also a list of 17 towns where you can still buy a family house for under £100,000.
We pay for your stories! Do you have a story for The Sun Online Money team? Email us at money@the-sun.co.uk