The UK Cities Offering the Best Housing Deals in 2026

1. Aberdeen

• Average price (2026): £134,000
• Price change (2024–2026): -2.8%
• Monthly mortgage payment: £775
• Annual property tax: £1,686
• Homes on market for 6+ months: 34%
• Active listings: 442

Aberdeen is the best place in Britain to buy a home right now. Prices here have actually fallen nearly 3% since 2024, so buyers won’t be overpaying in a rising market. At £134K on average, a typical house here costs less than a new car in most parts of England. Plus, monthly mortgage payments are manageable at £775, and property tax comes to £1,686 a year, one of the cheapest rates in the UK. 

2. Blackpool

No city has seen prices fall harder than Blackpool. Homes here have dropped nearly 19% since 2024, going from £167K to £136K. Beyond this, those purchasing a property through a mortgage won’t have to deal with expensive rates, as typical payments average under £800, nearly as low as in Aberdeen. Blackpool also has 641 active listings right now, and with its relatively small local market, supply is outpacing demand. 

3. Norwich

Prices in Norwich have come off sharply, falling almost 15% over the past two years to an average of £226K. That’s a significant correction and a great opportunity for homebuyers to make a discounted purchase. Beyond that, about 30% of listings on the Norwich housing market have been sitting unsold for more than half a year, giving buyers more leverage to negotiate an even better price.

4. Portsmouth

Next comes Portsmouth, where property prices have fallen by over 11% since 2024. Nowadays, a typical house in the city sells for around £250K, but with nearly a third of homes going six months or longer without an offer, homebuyers here have an advantage to bring the asking price down. Another draw is that the mortgage rates are also low, averaging around £1,450 a month, £1,000 cheaper than in cities like Oxford or Cambridge. 

5. Dundee

Dundee rounds out the top five hottest housing markets in the UK right now. Prices here have been stable in recent years, but monthly mortgage payments of just £775 still make it one of the cheapest cities to buy in. Property taxes are also low in Dundee, with yearly expenses at £1,730. Plus, flipping a house at a higher price is easier as well, as only 17% of listings sit on the market for more than six months. 

A housing analyst from Everest Mortgages commented on the study: 

“Falling prices aren’t always a red flag. In Blackpool and Norwich, the drops are happening because properties have become too expensive for local wages. That correction was inevitable. For buyers, a 15-19% price fall means you’re starting from a much better position than someone who bought two years ago. So it’s a great buying opportunity for both investors and those who just want to settle in, especially given that mortgages are cheap too.”

When using the data, please credit: https://everest-mortgages.co.uk/