The cheapest regions for property revealed - Yahoo! UK & Ireland Finance
According to the Land Registry's house price data list for July, the cheapest area for property was the North East, where the average home set buyers back just £101,143.
And it's getting cheaper, this is the only region to record a decrease from June to July this year, with the average price dropping by 2.3%.
The value of properties in this area has fallen dramatically in the past year, with the average house price in the North East being 8.8% lower than it was in July 2010 .
Second cheapest was the North West, where the average property cost £114,452, which is a 1.2% increase on the level recorded in June.
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