Are you an adviser? Go to Unbiased Pro

The top 5 cheapest places to live in the South East

2 mins read
by Lisa-Marie Voneshen
Last updated June 14, 2024

This article reveals the five cheapest places to buy property in the South East, which are significantly cheaper than the regional average. Discover more here.

The South East spans a huge part of the UK, including hotspots like Reading, Brighton and Winchester.

Over the last year, property prices were, on average, £527,338, but you can buy property for a lot cheaper if you know where to look. 

Rightmove has revealed the more affordable areas in the South East to buy, based on average asking prices from April 2024.

Get mortgage advice
We’ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.
Find a mortgage broker

Where are the cheapest places to live in the South East?

AreaAverage asking price
Southampton city centre£233,270
Ocean Village£243,183
East Cowes£249,486
Sandown£255,245
Dover£256,607

Southampton city centre

You can buy property in Southampton City Centre for under half the regional average. A home in the area will typically set you back £233,270.

There are many attractions in the city centre, including a theatre, museums and several parks. It is only 90 minutes from London and Bath by train and less than an hour from Reading.

Ocean Village

The second most affordable area is Ocean Village, a development in Southampton with an average asking price of £243,183.

Less than a 20-minute walk from the city centre, Ocean Village is near shops, bars, restaurants and a cinema. As the name suggests, it’s also only minutes from the waterfront.

East Cowes

East Cowes, a town in the Isle of Wight, has an average asking price of £249,486.

It’s well-known for yachting, with many events taking place during Cowes Week, the largest sailing regatta of its kind in the world. 

While Southampton is an hour and a half away by train and will take you at least an hour to get to Portsmouth, London is much further, at least three hours away by public transport.

Sandown

Sandown is a seaside town in the Isle of Wight with an average asking price of £255,245.

The seaside town has various attractions, including Sandown Beach and Wildheart Animal Sanctuary.

It takes around an hour and a half to get to Portsmouth.

Dover

Last on the list is Dover, a coastal town in Kent, which has an average asking price of £256,607.

Known as the 'Gateway to England,' local attractions include the White Cliffs and Dover Castle.

The town is half an hour away from Canterbury and at least around an hour from London by public transport.

Get mortgage advice
We’ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.
Find a mortgage broker

Seek mortgage advice

Talking to a mortgage broker can help you find the right mortgage once you’ve decided on your ideal place to live.

You can find an independent mortgage broker on Unbiased.

See also:

The most expensive places to live in the South East

The cheapest places to live in London

The cheapest places to live in Yorkshire

The cheapest places to live in the West Midlands

The cheapest places to live in Wales

Get mortgage advice
We’ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.
Find a mortgage broker
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.