Bridlington has emerged as one of the top locations in the country for growth in first-time buyer property prices, according to the latest market report.
Property portal Rightmove found that the average asking price for a two-bedroom home in Bridlington now stands at £167,321, an increase of 18% compared to the same period last year. St Helens in Merseyside also recorded an identical 18% rise, with the average first-time buyer home now priced at £133,106.
Nathan Emerson, Chief Executive of Propertymark, noted that affordability remains a major driver for first-time buyers. He explained that the strongest price growth is concentrated in areas where homeownership is still realistically achievable.
"While demand remains strong in many northern English and Scottish markets, buyers continue to face challenges from higher mortgage costs, ongoing living expenses, and saving for a deposit," Emerson said.
The report shows that the fastest-rising areas for asking prices typically have averages below £170,000, underlining continued demand for more accessible properties. In contrast, higher-priced southern locations such as Southampton and Brighton saw asking prices fall over the last year.
Across the UK (excluding London), the average price for a first-time buyer property currently sits at £228,048, representing a slight annual decline of 0.7%.
