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The top 5 cheapest places to live in the East of England

2 mins read
by Lisa-Marie Voneshen
Last updated June 7, 2024

Considering buying a property in the East of England but on a budget? Here's the five cheapest places to live in the region.

The East of England is a huge UK region with many attractions and good transport links. Notable cities in this area include Cambridge, Norwich and St Albans.

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The average property price is higher than other regions at £533,208, but are down 1% over the previous year.

While it can be expensive to buy in the East of England, you can purchase a home for a fraction of the price if you do your research.

Rightmove has crunched its data to reveal the most affordable areas to buy in the East of England, based on data from April 2024.

Where are the cheapest areas to buy in the East of England?

If you have a tight budget, Cambridgeshire is worth considering, as three of the five cheapest places are in this area.

AreaAverage asking price
Jaywick£177,734
Wisbech£202,766
Great Yarmouth£209,423
King's Lynn£215,369
Bretton£220,166

Jaywick

Jaywick is a coastal village in Essex, which has often been dubbed one of the most deprived areas in the country. It has an average asking price of £177,734.

Over £4 million has been invested in a commercial workspace and other improvements in the area to boost the local economy.

Jaywick is around an hour and 15 minutes from Colchester by public transport, and it takes two hours to travel to London.

Wisbech

Wisbech is a market town in Cambridgeshire with an average asking price of £202,766.

There is much to do in the local area, including Peckover House and Garden and Wisbech Park, a traditional Victorian park which spans over 11 acres.

The market town is only 45 minutes from Peterborough by public transport.

Great Yarmouth

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Great Yarmouth is a resort town in Norfolk with an average asking price of £209,423.

It has many family-friendly attractions, such as Sea Life, museums, beaches, and the amusement park Great Yarmouth Pleasure Beach.

It takes around 45 minutes to travel to Norwich by public transport, but it’s around three hours from London.

King's Lynn

King's Lynn is a market town in Norfolk with an average asking price of £215,369.

It used to be one of England's most important ports and has many nearby attractions, including Sandringham House.

King's Lynn is around an hour and a half from Norwich by public transport and two and a half hours from London.

Bretton

Bretton is a civil parish in Peterborough with an average asking price of £220,166.

Nearby places of interest include Nene Park and Nene Valley Railway.

It is half an hour away from central Peterborough by public transport and two hours from London.


Finding your dream home involves a lot of work, as you must ensure it fits your lifestyle.

A mortgage broker can make it less overwhelming to buy a property as they can find the best deals on the market that you may not be able to find elsewhere.

See also:

The most expensive places to live in the East of England

The cheapest places to live in London

The cheapest places to live in the South East

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Author
Lisa-Marie Voneshen
Lisa-Marie Voneshen is a Senior Content Writer at Unbiased and has previously written for loveMONEY and Shares Magazine. She is an award-winning journalist with around a decade of experience writing and editing content across various areas, including personal finance and investing.