The five cheapest areas to buy a property in Bristol have been revealed as house prices surge across the city.
The Office for National Statistics data shows the median house price of a sale hit £314,000 in Bristol in the year to June 2021 – an increase of £38,500 compared to the previous 12 months.
House prices in the city were also above pre-pandemic levels, with the median selling £267,000 in the year to June 2019.
The surge in house prices is said to be down to the impact of the coronavirus pandemic, which prevented house sales during the first lockdown, coupled with stamp duty holidays.
But there appears to be some unaffected neighbourhoods, which recorded the lowest median house sale prices in the year to June 2021 - most south of the river.
Amid soaring house prices, the median cost of a property in Highridge has actually dropped over recent years, according to the figures - from £213,748 in the year up to June 2020 to £210,000 in the 12 months to June 2021, making it the cheapest place to buy in Bristol.
The only house in Highridge currently up for sale on RightMove will set you back a lot more than that, though.
This four-bedroomed terraced home is on the market for £400,000, though it is very nicely kitted out and offers stunning views over the North Somerset hills.
It’s located in a quiet residential area with schools, open green spaces and local amenities close by, including the Imperial Retail Park.
Hartcliffe was the second cheapest place to buy a house in Bristol, although sale prices increased from £189,000 in the 12 months to June 2020 to £210,000 in the 12 months to June 2021.
Around that mark is this two bedroomed end of terrace, on the market for £220,000.
The property is situated close to local shops and bus routes into town, offering good access to the city centre, local countryside and Bristol airport.
3) Knowle West
Knowle West is another great area to snap up a bargain, although prices have also jumped here in the last two years. In the year up to June 2020, you could expect to pay around £206,000 for a house, which increased to £212,500 in the 12 months to 2021.
This two bedroomed end of terrace is currently on the market for a little over that at £229,995.
The property has fantastic views over Bristol and is within easy reach of the Imperial Retail Park along with local transport links.
It also boasts sought-after off-street parking and a garage.
Despite property prices now surpassing the £200k mark, Withywood was the fourth cheapest area to buy a house in Bristol.
The median house price sale here was £196,000 in the 12 months to June 2020, but that increased to £216,750 in the year up to June 2021.
Taking a look at what’s currently on offer, you could snap up this two bedroomed end of terrace for £240,000.
Inside, it could do with an update, but the property boasts a massive garden to the rear.
It also has the advantage of being close to local schools such as the Bridge Learning Campus, local amenities and bus routes.
5) Lawrence Weston
House price sales in Lawrence Weston increased from £209,000 to £225,000 between the year up to June 2020 and the 12 month to June 2021, but it’s still the fifth cheapest place to buy a house in Bristol.
You can currently buy this two bedroomed property for well under the median asking price at £195,000.
It is only a flat, but very spacious and newly-decorated inside.
The property is in a convenient location close to a new Lidl store, the Our Lady of the Rosary Primary School and local transport links.