7 English Towns Where Houses Sell for Less Than a Car

On Portman Street in Middlesbrough, a terraced house just went to auction for £16,000. That's less than the average price paid for a car in Britain last year. This isn't a ruin it's a normal three bedroom home, on a normal street, in a town that's still fully functioning. So how does a house cost less than the car parked outside it? In this video we go region by region from Bradford's BD1 postcode down to the cheapest postcode in the country to understand why property in parts of Britain has fallen so far behind the rest of the market. Wool mills, coal pits, fishing fleets, and shipyards all built these towns. When the industries left, the houses stayed and the demand never caught up. Sources referenced in this video: HM Land Registry, UK House Price Index (average UK and regional house prices) Local postcode sold price data as recorded by HM Land Registry Historical context on industrial decline (coal, shipbuilding, fishing, wool) drawn from publicly documented regional economic history