The top 5 cheapest places to live in the South West
This article reveals the five cheapest places to buy property in the South West, which are significantly cheaper than the regional average. Discover more here.
If you want to live near the beach and unique attractions, the South West, which includes Bath, Bristol, Cornwall, Devon and Dorset, could be ideal.
The average property price in the South West was £338,053 over the last year. While this is a lot, there are some areas where you can buy a home for over 50% less.
But where are these bargain destinations? Rightmove has compiled a list of the five cheapest areas to buy a home in the South West, based on data from April 2024.
Where are the cheapest areas to buy in the South West?
Plymouth in Devon is the most affordable area in the South West as all the below places are located here.
| Area | Average asking price |
|---|---|
| Greenbank | £160,104 |
| Whitleigh | £160,619 |
| Keyham | £166,707 |
| St Budeaux | £188,399 |
| Weston Mill | £194,125 |
Greenbank
Greenbank has the cheapest average asking price in the region at £160,104.
It’s only a 15-minute walk from Plymouth city centre, offering easy access to shops, restaurants, parks, and lakes.
Whitleigh
In second place is Whitleigh, with a slightly higher average asking price of £160,619.
It’s further away from the city centre than Greenbank as it takes over half an hour to travel by public transport, but there are a few shops, eateries and pubs nearby.
Keyham
Keyham is a built-up area in Plymouth with an average asking price of £166,707.
It’s located near the River Tamar and is only a 20-minute journey from the city centre.
St Budeaux
St Budeaux is among the cheapest areas to live with an average asking price of £188,399.
It could benefit from a major £22 million regeneration programme at Barne Barton, which will transform Britain’s former largest naval estate into a mixed-tenure community.
Weston Mill
The most expensive area to buy a property on this list is Weston Mill, with an average asking price of £194,125.
It is near Ham Woods Nature Reserve and is only 20 minutes from Plymouth city centre.
Seek mortgage advice
Buying a house is a life-changing decision, and while price is a big factor, it shouldn’t be the only thing you consider.
It’s worth thinking about what you want from your property and the local area, as well as how it fits in with your desired lifestyle.
A mortgage broker can help to find the best deal for you.
Find your mortgage broker with Unbiased.
See also:
The most expensive places to live in the South West
The cheapest 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
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