Buyers looking for homes under £150,000 have the most choice in the North East and Scotland, according to research from Zoopla.
Just 12% of homes for sale across Great Britain were priced under £150,000, rising to 41% in the North East and 30% in Scotland.
In London it was only 2%, and 7% in the South East.
Sunderland had the highest share of affordable homes in England, with nearly half of all properties for sale under £150,000.
Aberdeen led in Scotland, with 49% of homes listed at that price or less.
Blackpool in the North West had 39%, and Darlington in Yorkshire and the Humber had 38%.
In the South, Croydon had 7% of listings below £150,000, mostly one-bedroom flats.
Most homes under £150,000 in the North East and Wales were two or three-bedroom houses, making up over 60% of listings in these areas.
In Swansea, over a third of affordable homes were three-bedroom houses.
In the South, almost all homes under £150,000 were flats.
In London. 64% of these were one-bedroom flats, half of which were Shared Ownership.
The same trend was seen in the South East and East of England, where flats made up over 70% of affordable listings.
Daniel Copley, consumer expert at Zoopla, said: “The North East and Scotland are clear hotspots for budget-conscious buyers, with a significant proportion of homes for sale priced under £150,000.
“In these areas, affordability doesn’t just mean a low price tag; it also means more choice.
“We’re seeing a high concentration of two and three-bedroom houses, providing real options for families and those seeking more space.”
Copley added: “However, the story is very different in London and the South East. Here, homes under £150,000 are a rare find, and when they do appear, they are almost exclusively flats, often available through shared ownership.
“This highlights the major challenge for first-time buyers and those on a tighter budget in the South.
“While an area like Croydon can offer a good entry point into the London market, it underscores how regional wealth disparities are reshaping the property landscape, pushing buyers to look further north for true affordability and a wider range of property types.”
